Today, Advanced Medical Technology Association (AdvaMed) in San Jose, California announced its cooperation framework agreement on medical technology innovation with China Association for Medical Devices Industry (CAMDI) on the MedTech Conference of the Advanced Medical Technology Association (AdvaMed).
The agreement aims to encourage the development of advanced medical technologies, bring together innovative companies from both countries, and jointly explore ways to promote cooperation between China and the US to promote innovation in medical devices.
Dr. Jiang Feng, the standing vice-chairman of CAMDI, said “this agreement shows a stride CAMDI and AdvaMed have made in industry cooperation and the parties will work together to provide the patients in both countries with more innovative medical technology solutions.”
“This agreement is a win-win strategy for both CAMDI and AdvaMed member enterprises,” said Scott Whitaker, President and CEO of AdvaMed, “but the biggest winners are patients in both countries. The two parties will continue to strengthen cooperation to save lives and improve the life quality of patients in both countries with advanced medical devices, and diagnostic and therapeutic techniques.”
The cooperation will combine the professional knowledge of CAMDI and AdvaMed, improve the competitiveness in the medical device industry of China and the US, promote the sustainable and healthy development of the industry, further strengthen the research and development ability, and promote the integration of the global innovation ecosystem to create value for patients.
“The framework agreement fully reflects AdvaMed’s emphasis on the Chinese market. We look forward to continuing the cooperation with CAMDI to improve patient life through medical technology innovation,” Whitaker said. Dr. Jiang Feng said: “by signing the framework agreement, CAMDI and AdvaMed will continue to expand and deepen long-term strategic cooperation.”