AdvaMed and CAMDI Sign Innovation Cooperation Agreement

AdvaMed (the Advanced Medical Technology Association) has signed a cooperation framework agreement on medtech innovation with the China Association for the Medical Devices Industry (CAMDI) at The MedTech Conference Powered by AdvaMed in San Jose, Calif. 
 
The agreement is designed to encourage and promote advanced medical technologies, bringing together innovators from both countries to explore ways to enhance China-U.S. cooperation to help spur medical device innovation.  
 
“This agreement signifies a major step forward in industry collaboration between CAMDI and AdvaMed to expand patient access to innovative medical technology solutions in both countries,” said Dr. Jiang Feng, CEO of CAMDI. 

“Our agreement represents a win-win for CAMDI and AdvaMed members, but most importantly for patients, as we continue to strengthen ties to help ensure access to advanced medical devices, diagnostics and therapies that will save more lives and improve quality of life,” said Scott Whitaker, AdvaMed president and CEO.  
 
The collaboration will combine the expertise of CAMDI and AdvaMed to help enhance the competitiveness of the China and U.S. medical device industry, promote sustainable and healthy development of the industry, strengthen R&D capacity, drive further integration into the global innovation ecosystem and, most importantly, provide value to patients.  
 
“As this framework reflects AdvaMed’s strengthening commitment to China, we look forward to continuing to work with CAMDI to help make patients’ lives better through medical technology innovation,” Whitaker said. 

“By signing this framework, we look forward to expanding and deepening the long-term strategic partnership between CAMDI and AdvaMed,” said Dr. Feng.  
 
AdvaMed member companies produce the medical devices, diagnostic products and health information systems that are transforming health care through earlier disease detection, less invasive procedures and more effective treatments. AdvaMed members range from the largest to the smallest medical technology innovators and companies.
 
CAMDI (the China Association for the Medical Devices Industry) is a national medical devices industry association established to promote healthy development of China’s medical devices industry and advance the common interests of its members, in accordance with China’s laws, regulations and policies.