Finding the Right Ecosystem for MedTech Innovation
Both established and growing medical device companies face the challenge of being able to set up shop in a region that brings them close to talent, resources and a booming market. Regardless of whether a device company establishes itself within the medtech hotbeds of California or Massachusetts, or the pockets in between, it’s not easy anywhere, said Joan Koerber-Walker, president and CEO of the Arizona Bioindustry Association (AZBIO). In an interview with MedTech Intelligence during the AdvaMed 2015 conference, Koerber-Walker discusses the hurdles that regions face when trying to attract medical device companies as well as how companies can find the right medtech ecosystem to achieve their goals in driving innovation. She also provides insight on what needs to be done at the federal and local level to foster economic development within the medtech industry.
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