MEDTECH'S PURPOSE AND FOUNDING
MedTech is a manufacturer-driven organization focused on the near term (3-5 year window) commercialization of medical technologies.
The four Founding Members of the organization - Welch Allyn, ConMed, Sensis and Bristol-Myers Squibb -spearheaded creation of the group, in part due to observations made in the Metropolitan Development Association of Syracuse and Central New York (MDA) - 2004 "Essential New York" plan to transform the Central Upstate region to a knowledge-based economy.
One of the "Essential New York" recommendations was for closer collaboration among medical technologies firms. New York Senator Hillary Clinton also put this idea forward during a visit to Welch Allyn in the summer of 2003 for a Central New York Healthcare Summit.
THE OBJECTIVES OF THE ORGANIZATION ARE:
>Strengthen and position the Upstate New York region as a synergistic, dynamic and highly attractive host region for emerging medical sector companies to locate and grow, with the infrastructure to support these companies from a financial and service perspective
>Attract funding and support from venture capitalists, governmental sources, as well as foundations/third party stakeholders to further the growth of our industry in Upstate New York.
>Advocate positions on public policy proposals relating to health care and medical technology initiatives that promote the business goals of the membership.
>Attract and retain highly skilled talent to the Upstate New York region, thus furthering medical technology innovation and advancement.
>Develop partnerships with federal and state governments, the region's prominent universities and academic health centers, and other interested institutions and organizations.
>Serve as a clearinghouse for information dissemination and business opportunities for its members.
>Provide an association to represent our companies at trade and development forums.
>Improve opportunities for industry-specific education and training.