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AdvaMed Acquires The MedTech Conference
WASHINGTON, D.C. – The Advanced Medical Technology Association (AdvaMed) today announced that it has closed a transaction to fully own and operate The MedTech Conference, the premier global gathering of the medical technology industry.
“This is an important milestone in AdvaMed’s growth as an association,” said Scott Whitaker, president and CEO, AdvaMed. “Fully integrating the conference into AdvaMed’s day-to-day operations will provide us with increased creative and operational control as our annual event continues to expand and flourish. I am very excited for what this means for the future of The MedTech Conference and for AdvaMed.”
Under the transaction, the association will acquire all outstanding interests in MedTech Conference Partners, LLC, currently owned by the Life Sciences Conference Group LLC, which has managed the conference for AdvaMed since 2011. Going forward, The MedTech Conference will be fully integrated into the association’s existing Events and Education capacity.
With this acquisition, AdvaMed enters a new phase in its evolution as a full-service association serving not only its growing membership base but the entire medical technology innovation ecosystem. The association plans to take a new strategic and comprehensive approach to the delivery of a full range of events, networking, education and partnering opportunities.
“This move further affirms that AdvaMed serves as the epicenter of the medical technology industry – from advocacy and regulatory to outreach and education – convening stakeholders across the medtech innovation ecosystem to develop solutions to the most pressing challenges faced by patients and entrepreneurs worldwide,” concluded Whitaker.