Zimmer-Biomet Merger is a roadblock to repealing the Medical Device Tax

ZIMMER/BIOMET MERGER ROADBLOCK TO DEVICE TAX REPEAL (Orthopedics This Week)
There is a new excuse for not repealing the medical device tax; Zimmer Holdings, Inc.’s purchase of Biomet, Inc.
U.S. Senate Democrat Majority Leader Harry Reid of Nevada reportedly said recently that he would block a Republican demand to vote on repealing the tax. According to rollcall.com, Reid said on May 13, 2014:
“I’m not going to cry any big tears over the device folks. Their profits were huge last year. Remember, there was one deal, I think it was a $15 billion deal, where they were consolidated, a merger. So, t...


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