1st Annual Pediatric Surgical Innovation Symposium
June 13, 2013 | The Ritz-Carlton, Washington, DC
Guiding a medical invention from conception to market often involves a long, expensive, and strict regulatory process. Pediatric surgical innovation presents particular ethical, financial, policy, and legal challenges. There is a perceived tension between the need for encouraging medical advancement and at the same time providing appropriate patient protections. Additionally, industry is hesitant to invest in research for pediatric devices since the affected population is relatively small. This creates significant concern for investors that a return on their financial investments will be minimal or absent, and influences them to funnel spending into more lucrative channels.
In 2013, our Inaugural Symposium on Pediatric Surgical Innovation addressed these challenges with the overarching goals of providing a forum for multidisciplinary and multicultural discussion on the pediatric surgical innovation process and establishing a culture of cooperation among all stakeholders. The inaugural Symposium produced a consensus document as a roadmap for improving the pediatric surgical innovation process, including contributions from representatives of all relevant constituents.