Medical technology research is extremely expensive and a particularly difficult market for new, innovative entrants to compete. Attracting the necessary investment into companies developing the next generation of treatment, therapies, and technologies, depends on a strong and reliable patent system to ensure that these critical innovations remain proprietary for a period of time, especially for a new entrant.
What is MDMA doing?
MDMA has been actively lobbying Capitol Hill to make the necessary changes to recent patent reform legislation to ensure that innovation flourishes. MDMA has held numerous Hill meetings and is an active participant in a cross-coalition of organizations representing medtech, biotech, nanotechnology, universities and technology companies. The cross coalition is working together with key members of Congress to reform the current bill to strengthen the patent system, not weaken it.