FOR IMMEDIATE RELEASE
March 25, 2011
CONTACT: Richard Penny, (425) 352-3395, RPenny@uwb.edu
BOTHELL, Wash., March 25, 2011 – A coalition of experts and business leaders in the rapidly expanding medical devices industry are coming to UW Bothell on April 7 to participate in a summit addressing the international commercialization of medical devices.
As the federal regulatory and economic landscapes for their industry have become more stringent, medical device makers are reconsidering the more traditional approach of avoiding international markets until U.S. market penetration has been achieved. This summit, designed for medical technology executives, board members and investors, will focus on the emerging trend to lead with international markets, which can result in great success, or total failure.
The summit is being held at UW Bothell, located in a region where the medical device industry is a major economic force. In 2007, Washington Governor Chris Gregoire designated the City of Bothell as the Biomedical Device Innovation Zone for Washington State. The primary objective for the Biomedical Device Innovation Zone is to spotlight Washington state’s biomedical device industry and improve access to capital; improve the workforce pipeline; and to provide opportunities for collaboration among the primary and secondary industry with support from government agencies.
The University of Washington Bothell, University of Washington Professional & Continuing Education and the Washington Biotechnology & Biomedical Association are hosting the event. Keynote speakers for the event are Rob Michiels, CEO of CardiAQ Valve Technologies, and Rebecca B. Robertson, co-founder and general partner of Versant Ventures.
WHAT: A Leadership Summit: Leading with International Markets for Medical Technology Commercialization – Boom or Bust?
WHO: Medical technology executives, board members and investors
WHERE: UW Bothell, North Creek Events Center
WHEN: Thursday, April 7, 3:30-5:30 p.m.
For more information about the summit, visit washbio.org.
About UW Bothell: The University of Washington Bothell combines the benefits of a small campus with the resources and prestige of a world-renowned university. Offering over 30 degrees, options, certificates and concentrations, its curriculum emphasizes close student-faculty interaction, collaboration among students, and hands-on learning.