Milken Institute, CAMI to Release Medical Innovation Study

--()--Council for American Medical Innovation (CAMI):



The biomedical sector directly and indirectly accounts for some 5 million U.S. jobs, including 1.2 million high-wage private-sector jobs in pharmaceuticals, biotech, medical devices, research and testing. The nation holds a commanding global position in the biomedical industry, but countries across Europe and Asia are pursuing aggressive plans to close the gap and take the high-value jobs and capital this sector creates. To protect U.S. leadership, policymakers must take a specific series of actions to sustain the industry and support its growth, according to a new report from the Milken Institute, to be released Thursday, September 22.

The Council for American Medical Innovation (CAMI) is pleased to host a breakfast briefing* about the Milken Institute study, The Global Biomedical Industry: Preserving U.S. Leadership.

The briefing will feature a presentation of the paper, followed by a panel discussion led by CAMI co-chairman Dick Gephardt, on the value of medical innovation in the larger context of the need for a federal initiative on medical innovation.


Dick Gephardt, Former House Majority Leader, Co-Chair of CAMI

Jim Greenwood, President and CEO, Biotechnology Industry Organization (BIO)

Stephen J. Ubl, President and CEO, Advanced Medical Technology Association (AdvaMed)

Margaret Anderson, Executive Director, FasterCures

Ross DeVol, Chief Research Officer, Milken Institute



Thursday, September 22, 2011

9:00 am-10:30 am

* The light refreshments that will be served have been selected to comply with the exceptions to the Congressional and Executive Branch gift bans.



The Phoenix Park Hotel

Phoenix Park Ballroom (lobby level)
520 North Capitol Street, NW, Washington, DC 20001


This event is open to the media. Admission is free, but registration is required. To register for this event, please visit If you have questions, please contact Teresa Schofield at (202) 347-7516 or


About The Council for American Medical Innovation

The Council for American Medical Innovation ( is bringing together leaders in research, medicine, public health, academia, education, labor, and business, who are working in partnership toward a national policy agenda aimed at preserving U.S. leadership in medical innovation. American medical innovators create millions of high-paying jobs, and their discoveries are integral in the fight to cure cancer and other illnesses. The Council for American Medical Innovation views leadership in medical innovation as a key part of America's economic recovery, future prosperity and health.

About the Milken Institute

The Institute is a nonprofit, independent economic think tank whose mission is to improve the lives and economic conditions of diverse populations around the world by helping business and public policy leaders identify and implement innovative ideas for creating broad-based prosperity. It is based in Santa Monica, CA. (


Council for American Medical Innovation
Teresa Schofield, 202-347-7516

Release Summary

CAMI and the Milken Institute are hosting a briefing 9/22 at 9am to release a new study on medical innovation featuring Dick Gephardt, CEOs of BIO and AdvaMed, FasterCures


Council for American Medical Innovation
Teresa Schofield, 202-347-7516