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Home » BREAKING: Big medtech suspends political contributions in wake of Electoral College vote

BREAKING: Big medtech suspends political contributions in wake of Electoral College vote

January 11, 2021 By Nancy Crotti

medtech deals medical device VC venture capital mergers M&A
[Image from Unsplash]
Just as they lined up to condemn last week’s attack on the U.S. Capitol, major medtech companies are suspending political contributions.

Boston Scientific announced on Sunday that it has chosen to temporarily suspend its political action committee (PAC) activity and “review our approach to future contributions.

“As we shared last week, we believe in respecting the integrity of the democratic process, the election outcome and the peaceful transition of power,” the company said in an email to MassDevice‘s sister site Medical Design & Outsourcing. “We remain committed to our values — including diversity and caring — in our work to bring meaningful medical innovations to physicians and patients who need them.”

By mid-afternoon today, Medtronic had taken a similar course, according to spokesman Ben Petok.

Get the full story on our sister site, Medical Design & Outsourcing.

 

Filed Under: Business/Financial News, Featured Tagged With: 3m, Blue Cross Blue Shield, Boston Scientific, Medtronic

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