21st Century Cures
AdvaMed supports the U.S. House Energy and Commerce Committee’s 21st Century Cures initiative, a bipartisan effort led by Chairman Fred Upton (R-Mich.) and Ranking Member Diana DeGette (D-Colo.) to help speed the development and delivery of new health care treatments and cures in America.
The medical technology industry is central to the development of medical devices and diagnostics that will provide the life-saving and life-enhancing treatments of the future. But the innovation ecosystem that supports our industry is severely stressed. Policy improvements are essential if America is to retain its world leadership and the advance medical progress in this century of the life sciences. The opportunity for better treatments and cures is immense, but patients will only reap the benefits if the ecosystem is strengthened. Failure to act will mean lost lives, unnecessary suffering, reduced job formation, and diminished economic growth.
Collaboration among patients, physicians, medical technology companies and other stakeholders is crucial to generating the evidence necessary to support the next generation of medical innovations. However, numerous barriers and challenges stand in the way of evidence gathering and threaten patient access to the latest treatments and cures.