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Home » Medical device industry’s Q4 lobbying spend tops $20 million

Medical device industry’s Q4 lobbying spend tops $20 million

January 29, 2010 By MassDevice staff

The medical device industry spent a lot of money making sure its voice was heard in Washington during the healthcare reform kerfluffle at the end of last year, dropping more than $20 million on lobbying efforts for health issues at the U.S. House and Senate, the White House and the Food & Drug Administration.

According to filings made to the Lobbying Disclosure Act Database, during the fourth quarter ended Dec. 31 companies spanning the industry’s largest players and smallest fry spent amounts ranging from nearly $7 million (General Electric Co. (NYSE:GE) and all of its subsidiaries, including GE Healthcare) to $9,000 (health information technology provider ZirMed Inc.).

Predictably, the biggest spenders were also the sector’s biggest players, according to the database. The next-largest lobbying spend after GE’s was made by Abbott (NYSE:ABT), which spent nearly $2.2 million during the quarter. Johnson & Johnson (NYSE:JNJ) spent nearly $2 million, Baxter International $1.2 million, and Medtronic (NYSE:MDT) and Covidien (NYSE:COV) each spent about $1 million. Boston Scientific Corp. (NYSE:BSX) spent a paltry amount in comparison with its peers, a mere $590,000.

Here’s a partial list of the medical device industry’s fourth-quarter lobbying spend, including a $200,000 contribution from industry advocate AdvaMed:

COMPANY AMOUNT
3M Co. $515,000
Abbott $2,160,000
Accenture $110,000
AdvaMed $200,000
Advanced Tissue $60,000
Allergan $541,000
Aprima $30,000
Athenahealth $20,000
Baxter Healthcare $1,217,500
Becton, Dickinson $215,000
Boston Scientific $590,000
C.R. Bard $30,000
Carefusion $90,000
Cepheid $100,000
ConvaTec $100,000
Cook Group $110,000
Covidien $1,090,000
Cyberonics $8,000
Davita Inc. $1,040,000
DJO Inc. $60,000
Edwards Lifesciences $295,000
eHealth Global Technologies $10,000
GE (including subsidiaries) $6,840,000
GE Healthcare $20,000
Henry Schein Inc. $10,000
Hologic $20,000
Hospira $180,000
IMS $140,000
Intrafusion $30,000
Intuitive Surgical $20,000
Invacare $30,000
Inverness Medical Innovations $30,000
Johnson & Johnson $1,960,000
LifeIMAGE $10,000
Lifeline Vascular Access $120,000
Life Technologies Corp. $250,000
Medrad $40,000
Medtronic $1,094,000
MicroMedex $30,000
Navimedix $30,000
Owens & Minor $75,039
Quest Diagnostics $226,349
Stryker Corp. $130,000
Varian $180,000
Zimmer $75,160
ZirMed Inc. $9,000
TOTAL $20,141,048

Filed Under: Business/Financial News, News Well

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