Medical device tax will cost Boston Scientific $75M this year, CEO says

February 12, 2013 by MassDevice staff

Boston Scientific CEO Michael Mahoney tells investors that the new 2.3% medical device sales tax will cost the company about $75 million in 2013.

Boston Scientific logo

Medtech giant Boston Scientific (NYSE:BSX) estimates that its 2013 medical device tax obligation will amount to around $75 million, president & CEO Michael Mahoney told an audience at the company's analyst meeting in New York today.

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