Rep. Ryan Costello, Pennsylvania MedTech Leaders Hold Roundtable to Address Building Healthier Economies, Delivering Value to Patients

On May 9, U.S. Representative Ryan Costello (PA-6) joined leaders from Pennsylvania's medical technology companies in a robust roundtable discussion to address how the sector can help build and drive a healthy local economy while delivering value to patients worldwide. The roundtable was co-hosted by Siemens Healthineers, Stryker, and Zimmer Biomet. Pennsylvania is among the nation's leading states for medical technology innovation, employing nearly 80,000 people and contributing more than $13 billion dollars to the economy.

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Scoring a Win for Patients, Jobs, Innovation

In a new op-ed, AdvaMed President and CEO Scott Whitaker explains why repealing the medical device tax is so critical to medical technology companies: They need certainty to confidently invest in R&D for the long-term, including tax policies that are supportive of innovation so the industry can continue to realize its full potential. It can take up to ten years for the innovation lifecycle to run its course, meaning from initial concept to market, a new medical device conceptualized in 2007 is just becoming available to patients today.

5 Groundbreaking Innovations in Medical Technology -- All from Small Businesses

In a new piece on Medium, Patrick Daly, President and CEO, Cohera Medical, and Chairman, AdvaMed Accel, outlines how some of the biggest innovations in medical technology come from small companies. These "up and coming" businesses in medical technology are often the drivers of disruptive innovation, job creation, and economic expansion. Daly provides examples of five groundbreaking medical technology innovations that are making people's lives better every day -- each of which is thanks to a small business.

May 2: The first 'artificial pancreas' systems are coming to market

May 1: A Lazarus patient and the limits of a lifesaving stroke procedure

April 27: 'Bridge' to sobriety? Experimental device helps some Alaskans weather the misery of detox

April 18: April FDA releases new treatment for cluster headaches

AdvaMed congratulates Dr. Gottlieb on his confirmation as FDA Commissioner. His previous experience at FDA as well as his time at CMS make him uniquely qualified to lead this vital agency.

The medical technology industry is a manufacturing success story and supports jobs in every state. Find out how many medtech jobs are in your state.

"Meeting your grandparents." "Hope." "Life changing discoveries." Innovation in the medical technology community is positively impacting lives every day. What does innovation mean to you? Tweet us @AdvaMedUpdate using #InnovationFirst.