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News for medical technology professionals | December 11, 2007
 
 
Editor's Viewpoint
  • Looking back on 2007
     
    Kathryn Doherty, AdvaMed SmartBrief Lead Editor
    Over the course of 2007, I have been pleased to deliver you the industry news that matters to your business. Part I of this AdvaMed SmartBrief special year-end report rounds up the most important trends, stories and events of the past year. Part II, which will hit your inbox on Thursday, will provide a glimpse into what's in store for 2008.

    This year began with news of various company cost-cutting measures, including layoffs, and the start of numerous corporate mergers and acquisitions. Device safety, especially concerning drug-coated stents, remained a top issue throughout the year. In the second half of 2007, the industry celebrated the reauthorization of the FDA user fee act, which will have major implications in coming years. AdvaMed achieved another milestone in developing a health care reform linking universal health insurance coverage to a comprehensive plan to reduce health care costs through preventive health, quality and efficiency improvements and measures to speed the pace of medical innovation.

    This year's conferences took AdvaMed members to the Second Annual Congress on "Global Approaches to Risk Management throughout Product Life Cycles," the Emerging Trends & Medicare Policy for Medical Technologies conference, the Emerging Growth Company conference, the 11th Conference of the Global Harmonization Task Force and to the AdvaMed 2007 Medical Technology Conference. It was an exciting year, indeed.

    And now, here's what was most important to YOU in 2007.

  Best of 2007 
  Your Favorite SmartQuotes 
  • Here are the quotes you shared with colleagues most often during 2007: LinkedInFacebookTwitterEmail this Story
The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty."
--Winston Churchill,
British prime minister
A positive attitude may not solve all your problems, but it will annoy enough people to make it worthwhile."
--Herm Albright,
writer
When you step into a turnaround situation, you can safely assume four things: morale is low, fear is high, the good people are halfway out the door, and the slackers are hiding."
--Nina Disesa,
as chairwoman of McCann-Erickson Worldwide
If toast always lands butter-side down, and cats always land on their feet, what happens if you strap toast on the back of a cat and drop it?"
--Steven Wright,
comedian, actor
The three great essentials to achieve anything worthwhile are, first, hard work; second, stick-to-itiveness; third, common sense."
--Thomas Edison,
inventor and businessman
One of the hardest tasks of leadership is understanding that you are not what you are, but what you're perceived to be by others."
--Edward L. Flom,
CEO of Florida Steel
Do what you feel in your heart to be right -- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't."
--Eleanor Roosevelt,
former first lady and American political leader
The statistics on sanity are that one out of every four Americans is suffering from some form of mental illness. Think of your three best friends. If they're OK, then it's you."
--Rita Mae Brown,
writer and activist
People, even more than things, have to be restored, renewed, revived, reclaimed, and redeemed; never throw out anyone."
--Audrey Hepburn,
Academy Award-winning actress, humanitarian
Rule No. 1: Use your own good judgment in all situations. There will be no additional rules."
--Bruce, Jim and John Nordstrom,
co-presidents of Nordstrom department store, in the employee handbook
  

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