The AMA has been a proponent of the medical device market for a long time, and it’s clear that the AMA still thinks it’s going to be around in the near future.
AMA President and CEO Dr. Andrew Weil has talked about the company’s interest in the medical devices market for quite some time now, and his company has already launched a $100 million medical device fund that is aimed at helping doctors and other medical professionals make medical devices more accessible to patients.
The AMA, however, is a bit less enthusiastic about the medical products it’s backing right now.
As Ars Technic reported earlier this month, the AMA has announced it’s not going to invest $100m in medical devices companies this year.
Instead, it’s giving some of the money to research and development companies.
The news was first reported by TechCrunch, and has since been confirmed by several sources.
According to Weil, the company isn’t actively investing in companies that are developing medical devices right now, but he said it’s looking for companies that can do the same thing and will continue to do so as time goes on.
The announcement comes on the heels of other recent AMA announcements, like the $1.5 billion in funding for the medical home device industry, which was announced last week.
Weil also said that the company plans to invest in medical device development for the foreseeable future.
We’re definitely looking at that, but we’re not going out and investing in all of them,” Weil said at a press conference announcing the funding.”
It will be companies that go on and become a part of the healthcare sector.””
We’re not just going to look at companies that will go on to be the next big thing in the field of medical technology.
It will be companies that go on and become a part of the healthcare sector.”
Weil made the announcement during an AMA event in Washington, DC on Wednesday, and he also confirmed that the money was going to go towards research and education projects, which are aimed at bringing medical technology to hospitals and clinics, instead of just the devices themselves.
Weill noted that the research and educational programs would be a major part of his company’s strategy moving forward, though he did not elaborate further on the details of how that might happen.
“In fact, the first thing we’ll be doing is looking at ways we can continue to support the medical education industry and get people into the workforce, and then we’ll have a plan in place to get medical education companies to help us build the medical technology that we need to make that happen,” Weill said.
“And then, we’re going to make sure that we’re investing in the companies that we know are going to have a long-term impact on that industry.”
While there’s no concrete details about what exactly the company will be doing with the money, Weil did say that it would be focused on helping companies with medical technology development, rather than creating a “medical device” company that sells medical devices.
We’ve reached out to Weill for more details on the plan and we’ll update this article if we hear back.