400 Medical-Device companies are fighting the new 2.3% medical-device tax scheduled for 2013

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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 in 2013.

Over 400 health-care companies, venture-capital firms and other associated organizations, including Boston Scientific Corp. (BSX), Kimberly-Clark Corp. ( KMB)'s health-care unit a...

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