Survey Finds 90% of Medical Device Companies Adopted AdvaMed’s Code of Ethics, According to PricewaterhouseCoopers

The medical device industry has been quick to adopt, implement, and give further definition to the Advanced Medical Technology Association (AdvaMed) Code of Ethics and its provisions, according to a survey released today by PricewaterhouseCoopers LLP in consultation with AdvaMed and its Device and Diagnostic Compliance Group (DDCG) working group. According to the survey, 90 percent of respondents, representing 32 companies, have policies in place that address all provisions of the AdvaMed Code of Ethics

Conducted for three consecutive years, the 2008/09 survey reports the AdvaMed Code of Ethics continues to gain notable acceptance within the medical device industry. AdvaMed, the largest medical technology association in the world, developed the Code to assure a high standard of ethical conduct by the medical technology industry. A major update to the Code was unanimously approved by the AdvaMed Board of Directors in December 2008 and goes into effect on July 1, 2009.

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