Leaders Call for Coalition to Spur Medical Device Innovation and Jobs

Leaders from the biomedical industry, academia and the public and private sectors have called for the creation of a public-private coalition as part of a roadmap for the biomedical sector and to spur medical device development and innovation, according to a news release.

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Leaders attending the Value-Driven Engineering and U.S. Global Competitiveness Safe Haven Summit urged that the coalition be created using the semiconductor industry’s SEMATECH effort as a model. SEMATECH was created in the late 1980s to strengthen the U.S. semiconductor industry by leveraging resources and sharing risks to solve common manufacturing problems.

Summit participants also urged the federal government to create legislation that reflects a commitment to biomedical device research and development.

Read the news release about the medical device coalition.

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