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Contact:
Danielle Blake
202-434-7233
dblake@advamed.org
May 9, 2017

Rep. Ryan Costello, Pennsylvania MedTech Leaders Hold Roundtable to Address Building Healthier Economies, Delivering Value to Patients

MALVERN, PA – Today, U.S. Representative Ryan Costello (PA-6) joined leaders from Pennsylvania’s medical technology companies in a robust roundtable discussion to address how the sector can help build and drive a healthy local economy while delivering value to patients worldwide. The roundtable was co-hosted by Siemens Healthineers, Stryker, and Zimmer Biomet, and took place at a Siemens facility in Malvern, PA.

Pennsylvania is among the nation’s leading states for medical technology innovation, employing nearly 80,000 people and contributing more than $13 billion dollars to the economy, making it one of Pennsylvania’s most thriving employment sectors. Overall, the industry supports more than two million jobs across the country.

Participants in the roundtable noted that sustaining this positive impact requires the right public policies to support value creation and continued investment in research and development – the kind of investment that helps grow high-technology manufacturing jobs in America.

“Southeastern Pennsylvania is an entrepreneurial engine for medical innovation, and has a tremendous positive impact on our healthcare system and local economy,” said Rep. Costello, a member of the House Energy and Commerce Committee. “I appreciate the opportunity to meet with constituents and learn how we can work together to transform and improve the healthcare delivery model.”

Advanced medical technologies help patients live longer, healthier lives and get them back to work more quickly while lowering long-term health care costs. Over the last 30 years, medical progress helped add more than five years to U.S. life expectancy, reducing fatalities from heart disease and stroke by more than half while cutting mortality from breast cancer by over 30 percent.

“We are pleased to have Rep. Costello’s leadership in this very important discussion. The medical technology industry provides incredible value to patients, health care systems and economies, and we are grateful for the opportunity to highlight and identify important policy initiatives that are pivotal for the advancement of the medtech industry in Pennsylvania and throughout the U.S.,” said JC Scott, Chief Advocacy Officer, AdvaMed. 

“Rep. Costello has been a strong and consistent supporter in our effort to repeal the onerous medical device tax as well as our efforts on MDUFA reauthorization,” Scott continued. “Repealing this tax will help promote growth, job creation and economic competitiveness in Pennsylvania and across the country.”

Participants in the roundtable discussion included David Pacitti, President and CEO, North America, Siemens Healthineers; Christian Eusemann, Ph.D., Vice President, Collaborations, Siemens Healthineers; Eleanor Kerr, Director, Legislative Affairs, Siemens Healthineers; Michael Esch, Director of Development for Knee Creations, Zimmer Biomet; Whitney Tull, Senior Director, Government Affairs, Zimmer Biomet; Michael J. Leonard, Vice President, Operations, Global Supply, Stryker; Marissa Conrad, Director, R&D Engineering Operations, Stryker Spine; Nate Tipton, Director, Government Affairs, Stryker; Diana Dickson, Senior Director, Clinical and Regulatory Science, Fujirebio Diagnostics, Inc.; JC Scott, Chief Advocacy Officer, AdvaMed; and Samantha Jouin, Integration Leader, DePuy Synthes.