For the device industry to maintain credibility with the public, it must show an overt commitment to ethical practices. AdvaMed's new Code of Ethics Self-Certification Program should help. Unveiled at the trade organization's annual meeting last week, the program grants licenses to qualifying companies to display a logo showing they comply with AdvaMed's Code of Ethics . Companies must certify that they meet all eight elements of a "condition of use" agreement.
March 8, 2006
Most of the elements specify programs and processes that must be followed. Making such compliance visible could increase a firm's credibility with caregivers and patients. And we are in an era where industry needs that more than ever.