MTANZ Code of Ethics
Ethical standards and compliance with applicable laws are critical to the medical technology industry’s ability to continue its successful collaboration with healthcare professionals.
A close relationship between suppliers and the clinician is a key element in the innovation and development of medical technology products. This close relationship is a positive for patients who are the ultimate beneficiaries of advanced medical technology. However, this close relationship does require a clear understanding of ethical behaviours by both parties.
What does the MTANZ Code regulate?
The MTANZ industry Code is a self-regulatory Code that regulates several key areas of industry activity.
- Claims and endorsements in advertising material
- Provision of product training and education by industry
- Third party educational conferences
- Hospitality for healthcare professionals
- Consultancy arrangements with healthcare professionals
The Code sets out standards which industry participants are urged to observe. The Code is compulsory for members of
MTANZ but extends to all companies in the medical technology industry if they agree to observe the Code. The purpose of the Code is to ensure high standards of integrity of behaviour across the medical technology industry to enable patient and healthcare professional confidence in dealings with the industry and its products. There are several industry codes applying to different therapeutic sectors. It is the intention that the MTANZ Code of Practice apply to the supply of medical technology products. Where there is another therapeutic industry code that is more relevant, then that code will generally be the more appropriate code.