Category: Capitol HillSyndicate content

Medtech's betting on the GOP in midterm elections

October 24, 2014 by Brian Johnson

A look at the top 10 politicial action committee donations shows that medtech is betting heavily on a GOP win in the midterm elections.

Medtech's betting on the GOP in midterm elections

The medical device industry is betting on a Republican sweep of the U.S. Congress during the 2014 mid term elections, according to a MassDevice.com analysis of donations made by the industry's 10 largest political action committees.

Bayh: Obama is open to repealing the medical device tax

October 8, 2014 by Brian Johnson

Former Indiana Sen. Evan Bayh told medical device makers at AdvaMed 2014 that he is confident President Barack Obama won't fight a repeal if there's an offset, saying it's "not a big issue" for the president.

Bayh: Obama is open to repealing the medical device tax

Regardless of whether Republicans are able to re-take the U.S. Senate in the midterm elections, there's a good chance the medical device tax will be repealed, according to former Sen. Evan Bayh.

New inversion rules unlikely to scuttle Medtronic's $43B Covidien buy

September 24, 2014 by Brad Perriello

New U.S. Treasury rules on inversion deals are unlikely to scuttle Medtronic's pending $43 billion merger with Covidien, analysts say, but are likely to make it more complicated and expensive.

New inversion rules unlikely to scuttle Medtronic's $43B Covidien buy

Medtronic, Covidien slide on new U.S. inversion rules

September 23, 2014 by Brad Perriello

New rules on inversion mergers announced yesterday by the U.S. Treasury Dept. send shares of Medtronic and Covidien down as questions swirl about the impact ion their pending $43 billion merger.

Medtronic, Covidien slide on new U.S. inversion rules

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House passes bill to repeal, refund medical device tax

September 19, 2014 by Brad Perriello

The U.S. House of Representatives passes a jobs package that would repeal the medical device tax and issue refunds for all levies paid since the 2.3% excise tax went into effect last year.

House passes bill to repeal, refund medical device tax

UPDATED Sept. 19, 2014, with comment from MDMA, MITA and AdvaMed. 

The U.S. House of Representatives voted yesterday to repeal and refund the medical device tax and promptly went into recess until after the mid-term elections in November.

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