Minnesota Representative Erik Paulsen Is Raising Money to Rein in the FDA’S Uncertain Approval Process

Venture Capitalists Put Money on Easing Medical Device Rules (NY Times) One afternoon last spring, a little-known congressman from Minnesota made an impassioned plea before a House oversight committee. Representative Erik Paulsen favors legislation that would benefit the medical device industry. Rein in the Food and Drug Administration’s uncertain approval process for new medical devices, [...]

Medical Device Tax Could Threaten Jobs & Innovation According to AdvaMed

Study: Device Tax Could Threaten Jobs, Innovation (written by Lauren Uzdienzski @ HealthPointCapital) A new study evaluating the 2.3% device industry excise tax quantifies some of the potential harm the tax may cause. Mandated by the Affordable Care Act, the tax is scheduled to go into effect in 2013. Among the highest stakes are U.S. jobs; the device industry [...]

400 Medical-Device Companies Are Fighting the New 2.3% Medical-Device Tax Scheduled for 2013

UPDATE: Medical-Device Industry Urges Repeal Of Excise Tax (Dow Jones News) –Medical-device industry urges repeal of 2.3% excise tax –Tax expected to raise $20 billion over 10 years –Fee intended to offset cost of health-care overhaul WASHINGTON -(Dow Jones)- More than 400 companies in a letter Monday urged Congress to repeal a$20 billion medical-device tax scheduled to go into effect [...]