Thursday, June 9, 2011

Make Medical Devices a Gov Priority, Says AdvaMed

(Mass Device)

Med-tech lobby AdvaMed unveiled a series of proposals asking the U.S. government to support the medical device industry.

Medical device industry lobby AdvaMed proposed six policy initiatives, including trade, tax, payment, regulatory and research policies that ask government to make innovation in the life sciences a top priority.

AdvaMed unveiled its “Competitiveness Agenda” during a visit to orthopedic giant Stryker Corp.’s (NYSE:SYK) Kalamazoo, Mich. manufacturing facility.

“We know medical technology has a bright future,” said AdvaMed president & CEO Stephen Ubl. “The question is: Will that future be made in America—or somewhere else? Without the right public policies in place to provide a level playing field between the U.S. and foreign competitors, America’s leadership will be lost.”

The lobby called for the While House to establish an office of medical innovation, which would be responsible for overseeing existing and proposed government policies that may affect medical innovation... Read more here.