The German government has formed a committee of industry and regulatory experts charged with developing a national innovation policy for medical technology.

According to German medical device manufacturing trade publication DeviceMed, Germany’s ministries of Education and Research, Health, and Economics and Labor are spearheading the initiative to boost innovation and competitiveness of German medical technology developers, as well as improve patient care and speed up time to market for cutting-edge devices.

The committee will examine issues including funding and regulatory frameworks as well as specialist workforce shortages, cooperation models, clinical trial requirements and alternative funding options.

Committee findings are expected to be available in late 2012.