Medical device industry lobbyists ramped up their spending during the 3rd quarter, dropping nearly $32 million on Washington in the 3 months ended Sept. 30.
The reports mark a continued incline for the industry’s spending on Capitol Hill, which hit nearly $28 million last quarter and $20 million in Q1.
The American Medical Assn. led the charge in Q3, doling out more than $7 million, up from last quarter’s $4.3 million.
Second in line was General Electric Co. (NYSE:GE) and its subsidiaries, including GE Healthcare, with $5.7 million. Last quarter the industry titan logged nearly $6.8 million in reported spending.
Coming in 3rd for the second quarter in a row, the Biotechnology Industry Organization spent $2.0 million in Q3, even with Q2. Novartis (NYSE:NVS) followed with $1.6 million, down from $1.9 million last quarter.
Med-tech giant Medtronic Inc. (NYSE:MDT) came in 5th, upping its lobbying spending to $1.3 million from last quarter’s $1.2 million.
Here’s a partial list of the medical device industry’s 4th-quarter lobbying spend – including a $428,480 contribution from industry advocate AdvaMed:
Medical Device Lobbying Spend
|American Medical Assn.||$7,240,000.00|
|General Electric Co. (including subsidiaries)||$5,650,000.00|
|Biotechnology Industry Organization||$1,980,000.00|
|Novartis Co. (formerly Novartis)||$1,631,812.00|
|Sanofi-aventis U.S. Inc.||$1,100,000.00|
|Cardinal Health, Inc.||$670,000.00|
|Baxter Healthcare Assoc.||$640,000.00|
|Philips Holding USA Inc.||$450,000.00|
|Advanced Medical Technology Assn.||$428,480.00|
|Boston Scientific Corp.||$410,000.00|
|McKesson Corp. and its affiliat U.S. Oncology (formerly McKesson Corp.)||$340,000.00|
|Edwards Lifesciences Corporation||$250,000.00|
|Smith & Nephew, Inc.||$230,000.00|
|Advanced BioHealing, A Shire Company||$225,000.00|
|Quest Diagnostics Corp.||$210,000.00|
|St. Jude Medical, Inc.||$160,000.00|
|Becton, Dickinson & Co.||$130,000.00|
|Intuitive Surgical, Inc.||$110,000.00|
|The Cook Group||$100,000.00|
|Medical Device Manufacturers Assn.||$90,000.00|
|American Orthotic & Prosthetic Assn.||$53,950.00|
|Assn. of Medical Device Reprocessors||$20,000.00|