What is the main purpose of the AdvaMed Code of Ethics?

The main purpose of the AdvaMed Code of Ethics is to guide ethical relations between medical technology companies and healthcare professionals. This code is designed to establish standards for responsible conduct, ensuring that interactions between these groups are transparent and ethical. Specifically, it addresses issues such as marketing practices, the proper provision of gifts, and the funding of educational events, emphasizing integrity and professionalism.

This guidance is crucial in maintaining trust in the healthcare system, as it encourages companies to act in a manner that prioritizes patient care while fostering a collaborative relationship with healthcare professionals. By instituting these ethical standards, the AdvaMed Code aims to prevent conflicts of interest and promote accountability within the medical technology industry.