What ethical principle focuses on maximizing benefits while minimizing harm?

The ethical principle that focuses on maximizing benefits while minimizing harm is known as beneficence. This principle represents a commitment to promote the well-being of individuals and society as a whole. In the context of MedTech and healthcare, it encourages practitioners and institutions to take actions that contribute positively to the health and welfare of patients, while also ensuring that the risks associated with medical interventions are minimized.

Beneficence goes hand-in-hand with the responsibility to assess the potential benefits and risks of a treatment or technology, striving to provide the best possible outcomes. It compels healthcare providers to act in the best interest of patients, balancing the effectiveness of medical interventions with the potential for adverse effects. This proactive approach is crucial in medical ethics, as it reinforces the moral obligation to enhance patient welfare, which is a defining characteristic of ethical practice in the medical field.