Spranger Joins Panel on Philadelphia as Next Medtech Powerhouse

Spranger Joins Panel on Philadelphia as Next Medtech Powerhouse
May 18, 2016
 
On May 18th, Debbie Spranger joined a panel of academic and industry representatives for an interactive discussion on why Greater Philadelphia is poised to be the next Medtech Powerhouse.   
 
PACT (Philadelphia Alliance for Capital & Technologies) sponsored the event at Plexus (a Medtech co-working space adjacent to the firm’s Drexel office), where almost 100 members of the local Medtech community gathered to hear Mark Leahey, President & CEO of the Medical Device Manufacturers Association give an update from Washington on key legislative issues likely to impact the medical device community.  Following Mark’s update, the panelists discussed solutions for next generation health-care delivery and Philadelphia’s expanding Medtech ecosystem. The key theme of the discussion was increasing collaboration among the various stakeholders – from universities that are graduating exciting new technologies and entrepreneurs, to investors interested in investing in the space, strategic acquirers (like J&J) who are focusing more on earlier stage assets, service providers and trade associations.  All the components are here to build a Medtech community rivaling that of California, Minnesota or Massachusetts.

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