Developing advanced medical technology and shepherding it through the regulatory process is expensive, but industry associations and lobbyists have long argued that the benefits far outweigh the costs. In fact, many contend that healthcare advances have a significant positive impact on the broader economic front. Now, the Milliken Institute has published a lengthy report that attempts to back up those claims with hard numbers. It also lays out three possible economic scenarios for the next 25 years, depending on whether R&D incentives are reduced, remain the same, or are increased. Tagging Options Domain: All Sites Keywords: medical Polymers read more
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Spending on medtech innovation benefits overall U.S. economy, study shows