Nancy Travis

As Vice President at AdvaMed, Ms. Travis leads efforts to promote codes of ethics for the medtech industry worldwide. She was instrumental in launching the Asia-Pacific MedTech Business Ethics Forum and the Inter-American Coalition for MedTech Business Ethics. She has spearheaded several governance initiatives to increase board engagement, diversity and women's leadership. Ms. Travis has 20 years of international affairs and leadership experience, including at the US Department of State, where she focused on market opening and China trade issues. She has advised key government officials on trade agreements such as the US-Korea FTA and China and Taiwan WTO accessions. 

By combining the GMTCC with the annual European MedTech Forum, the medtech industry is signalling that compliance is moving centre-stage, writes Nancy Travis, Vice President, International Compliance & Governance, AdvaMed For more than a decade, MedTech Europe and AdvaMed have jointly organised the key event on compliance professionals’ calendars. The Global MedTech Compliance Conference (GMTCC) is an annual gathering of the international healthcare compliance community. Over the years, it has grown into a forum where to share ideas, discuss challenges and promote best practices. Some people say compliance is a lonely profession, as the compliance department often-times is a department of one in smaller companies or for local offices in new markets. But compliance officers attending this conference will find a peer group ready to engage, an experience that can be enormously valuable and rewarding – and create a network that will live on after the event concludes. I’m particularly excited about this year’s GMTCC because it’s a little different from previous years. The 2019 conference will be held in parallel with the European MedTech Forum (May 14-16) – an event that has traditionally focused on business operations – for the first time. This shows that ethics is no longer a side-line to the business; it’s not a nice-to-have. Ethics and compliance are mainstream features of good business practice. More than that, compliance is a business enabler. As a relative newcomer to the field, I have been struck by the rapid transition of compliance from the periphery to an industry priority. As Bronwen Taylor said when closing last year’s GMTCC, compliance departments have moved from being perceived the ‘Department of No’ to become the ‘Department of ‘How’. In tandem with this shift, I’ve seen a strong appreciation from the business side for following ethical business practices. In many leading medtech...