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AdvaMed Welcomes APEC Leaders’ Commitments On Health, Business Ethics
Da Nang Declaration Calls on APEC Economies to Invest in Health
Systems, Promote Ethical Business Practices
Da Nang, Vietnam – Scott Whitaker, president and CEO of AdvaMed (the Advanced Medical Technology Association), issued the following statement at the conclusion of the recent Asia-Pacific Economic Cooperation (APEC) forum Economic Leaders Meeting:
“We applaud the clear call by APEC economic leaders in the Da Nang Declaration to achieve sustainable and inclusive economic growth by heightening investment in health systems and promoting high-standard ethical business practices, especially for resource-constrained small- and medium-sized enterprises (SMEs).
“AdvaMed fully supports results-driven actions in APEC that drive improvements in quality and access for patients across the region, such as the APEC Life Sciences Innovation Forum and Business Ethics for APEC SMEs Initiative. The innovative medical technology industry depends upon such efforts to help create a level playing field for global trade and facilitate exports. On behalf of our nearly 350 member companies, AdvaMed commends the APEC economic leaders for their commitment to these work streams.
“We also welcome the commitments made in the 2017 Joint Statement by APEC ministers, who also met last week, including implementation of the Healthy Asia-Pacific 2020 Roadmap and continued regulatory harmonization for medical products.
“AdvaMed looks forward to the APEC 2018 host year, including the 5th APEC Business Ethics for SMEs Forum, to be held in July 2018 in Tokyo, Japan.”
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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. For more information, visit www.advamed.org.