MassMEDIC Lauds Enactment of “Gift Ban” Corrections
MLSC Awards Grant to Support Med Device Entrepreneurs
By Michelle Lang in Mass. High Tech, October 31, 2011
MedTech IGNITE, a medical device-focused business coaching program launched by the Massachusetts Medical Devices Industry Council (MassMedic), won a $50,000 grant from the Massachusetts Life Sciences Center (MLSC).
17 MedTech Startups Pitch at MassMEDIC Investors Conference
By Galen Moore in the Boston Business Journal, October 21, 2011
Medical device startups faced a more skeptical crowd than usual at this year’s venture-capital-focused MassMEDIC Investors Conference. Tougher U.S. FDA regulations on medical devices have raised the bar for medtech startups, investors and entrepreneurs said.
Survey: Most Mass. MedTech Firms Added Jobs in Past 6 Months
By Julie M. Donnelly in the Boston Business Journal, September 22, 2011
Medical device industry executives in Massachusetts are expecting business to improve in the coming months, and more than half of local companies in the sector grew head count over the past six months. Those are two of the findings of a survey commissioned by the state’s industry association, MassMedic. The survey included 42 C-level executives, and was conducted in the first two weeks of August.
FDA’s Proposed Changes in 510(k) Process Are Still in Their Own Process
By James M. Connolly in Mass. High Tech, June 22, 2011
“Our members are very concerned that the FDA is proposing drastic changes to a program that has served the patient and health-care delivery system for many years. While review of a 35-year-old program is to be applauded, some of the changes that they have proposed MassMedic members feel will stifle innovation,” said Tom Sommer, president of the industry group MassMEDIC.
Mass. Medical Device Exports Growing
By Julie M. Donnelly in the Boston Business Journal, May 3, 2011
Massachusetts medical device exports are growing more rapidly than the state’s exports as a whole, according to a study commissioned by MassMedic, the state’s device industry association.
Mass. Medical Equipment Exports Grow
By Robert Weisman in The Boston Globe, May 3, 2011
Exports of Massachusetts medical devices have grown more than twice… represent about 10 percent of all US medical equipment sold abroad, according to a report… conference of the Massachusetts Medical Device Council.
Sen. Scott Brown Files Bill to Repeal Device Tax
By Julie M. Donnelly in the Boston Business Journal, February 3, 2011
MassMEDIC President Tom Sommer expressed support in a statement that read, “MassMEDIC today applauds the introduction of legislation by Senator Scott Brown that would eliminate the tax on medical devices due to go into effect in 2013. The repeal of the medical device tax will save jobs in Massachusetts and protect the state’s position as a hub for medical technology development and production.”