Date

10 de February 2014

Bogota visits California to seek investments in medical equipment

•    Invest in Bogota will travel to the MD&M West conference in California (USA) to promote the investment opportunities in medical devices that Bogota offers. 
•    MD&M West, a conference focusing on the design and manufacture of medical devices, provides an opportunity to promote Bogota to entrepreneurs from leading medical innovation and technology companies. 
•    Juan Gabriel Pérez, Executive Director of Invest in Bogota, states that “the medical devices sector requires specialized labor and involves a high component of innovation for its development, two factors where Bogota provides clear competitive advantages.” 

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Invest in Bogota Investment Promotion Officials travels to Anaheim (California, USA) to attend MD&M West, a conference on the design and production of medical devices, to promote the investment opportunities offered by Bogota in this field. 

During this event, the largest in this industry in the United States, Invest in Bogota executives will have the opportunity to meet with heads of leading companies in medical innovation and technologyto promote the opportunities offered by the capital city. 

The summit will include over 2000 exhibitors; 160 academic activities, including a learning workshop; interactive sessions; and conferences, with ample networking opportunities throughout the different events and one-on-one sessions with representatives from the prominent companies in the industry. Activities during the MD&M West conference will focus on the following topics: Design, prototyping, and usability; Risk, quality, and validation; FDA and global regulations in practice; and Materials and vendor management. 

The medical devices sector comprises companies leading in innovation and developing products directed toward the health industry, such as invasive and non-invasive electro-surgery equipment as well as those used in operating rooms and hospitals (IVs, catheters, feeding tubes). 

This is a nascent sector in Bogota, with significant growth potential. Juan Gabriel Pérez, Executive Director of Invest in Bogota, states that “the medical devices sector requires specialized labor and involves a high component of innovation for its development, two factors where Bogota provides clear competitive advantagesThe city has a highly skilled labor force, currently about 4 million strong; 51% of the national science, technology, and innovation activities are concentrated here; and it has over 2000 active research groups.”