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Annual Medical Technology Compliance Conference Kicks Off in Stockholm

A keynote speech from a top U.S. Department of Commerce official and panel discussions about ethical collaborations and law enforcement will highlight the fifth annual International Medical Device Industry Compliance (IMDC) Conference this week in Stockholm, Sweden.

The Advanced Medical Technology Association (AdvaMed), Eucomed - the European medical technology industry association - and 14 other global device associations host the conference, which runs from Wednesday through Friday, May 9 to 11.

U.S. Department of Commerce Assistant Secretary Michael Camuñez will give the keynote address on Thursday,focusing on the Department's strong support for the industry's efforts to harmonize codes of ethics and outlining the trade benefits that could follow as a result. Camuñez is Assistant Secretary of Commerce for Market Access and Compliancewithin the International Trade Administration.

The joint conference was developed to educate participants as well as encourage interactive, best practices discussion on timely global compliance issues.

“Progress in medical technology depends on interactions between industry and health care providers, and it is our goal to ensure these collaborations are appropriate, ethical and transparent,” said Stephen J. Ubl, president and CEO of AdvaMed. “This conference brings together industry leaders, legal professionals, health care providers and compliance experts from around the world to discuss and tackle these issues, which are a critical component to improving patient care worldwide.

“Our organization is committed to the high ethical standards outlined in our Code of Ethics and to supporting our members in complying with these provisions and other reporting rules and regulations,” Ubl said.

This year's agenda features a variety of sessions and roundtables that address anti-corruption trends, risk management and transparency, among other ethics-related topics. In addition to the keynote address, other key IMDC sessions include:

• Global Anti-Corruption Trends: The Value of Ethics and Compliance
• Compliance Challenges for Different Business Models and Technology Convergence
• Transparency: Global Trends

The 2012 IMDC Conference expects to welcome its largest group yet, as registered attendance has so far increased 10 percent over last year's conference in London. Learn more about the conference here, or visit the registration page here.

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