Though the travel time was slightly longer than it was last year, the Medical Alley community was well represented at the 2017 MedTech Conference in San Jose, California. The annual conference, which was held in Minneapolis in 2016, brings together executives from the world’s leading medical technology firms, startups, investors, and, increasingly, digital health companies. Over 100 representatives from Medical Alley companies were present as attendees, exhibitors, and presenters. In addition to the Medical Alley Association, Coloplast, Minnetronix, RCRI, MedNet Solutions, and Cantel Medical exhibited in close proximity to one another to increase visibility for the companies and for the community as a whole.
International outreach was a top priority for the Medical Alley Association staff at the MedTech Conference this year. The highlight of this effort was the signing of a Memorandum of Understanding (MOU) with MTPConnect, an Australian innovation organization that aims to grow Australia’s medtech, biotech, and pharmaceutical sectors. In addition to the formal MOU signing, our staff had meetings with over a dozen ventures and presentations to the Australian delegation on US market access strategies and the wealth of resources available to them in Medical Alley. Australian companies have already made significant investments in Minnesota, most recently with Saluda Medical and DoseMe establishing US operations in the state, so we are excited to strengthen the ties between MTPConnect and Medical Alley.
While forging new alliances was a key goal for our team, we also use events like the MedTech Conference to reconnect with familiar faces. This year, we co-hosted a Minnesota reception in partnership with Baker Tilly, Fox Rothschild, Silicon Valley Bank, and Frank, Rimmerman & Co. It was a great opportunity for 50 Minnesotan conference attendees to break bread, share a drink, and reflect on how the conference had gone for them.
Rounding out the conference was the annual meeting of the State Medical Technology Alliance (SMTA), a committee of 40 state industry associations from around the country. Shaye Mandle, Medical Alley Association President & CEO, currently serves as chair of the alliance. The SMTA collaborates on state and federal policy, working in partnership with AdvaMed to advance the interests of the medical technology industry. Device tax and payment reform remain the most significant issues the SMTA and its members confront.
2018 finds The MedTech Conference across the country in Philadelphia. Plans are already underway for the show and Medical Alley will surely be well represented once again.