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Innovation in the life sciences must be a government priority, including requiring an innovation impact statement for significant new regulations that affect the health sector, group says.

The answer to that depends on the level of competitiveness. "America is the acknowledged world leader in medical technology, but that leadership is being challenged," said Stephen J. Ubl, CEO of Advanced Medical Technology Association (AdvaMed). "We know medical technology has a bright future. 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."

 

To read the full, original article click on this link: IndustryWeek : Can the U.S. Hold Onto Its Lead in Medical Technology Innovation?

Author:Adrienne Selko