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Home » Medical device makers drop $20 million on D.C. lobbying

Medical device makers drop $20 million on D.C. lobbying

June 14, 2010 By MassDevice staff

K Street

The medical device industry once again spent big bucks to ensure its voice was heard in Washington during the first quarter, 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 first quarter ended March 30 companies spanning the industry’s largest players and smallest fry spent amounts ranging from more than $7.1 million for General Electric Co. (NYSE:GE) to $8,000 for neurostimulation device maker Cyberonics Inc. (NSDQ:CYBX).

Predictably, some of the sector’s biggest players were also its biggest spenders, according to the database. The next-largest lobbying spend after GE’s was made by Johnson & Johnson (NYSE:JNJ) , which spent nearly $2.4 million during the quarter. Abbott (NYSE:ABT) spent more than $1.8 million; Medtronic (NYSE:MDT) and Baxter Healthcare (NYSE:BAX) each dropepd more than $1.2 million. Covidien plc (NYSE:COV) fell out of the top 10 spenders with $640,000; Boston Scientific Corp. (NYSE:BSX) spent a paltry amount in comparison with its peers, a mere $605,000.

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 Q4 2009 Q1 2010
3M Co. $515,000 $535,000
Abbott $2,160,000 $1,824,000
Abiomed $30,000 $30,000
Accenture $110,000 $860,000
AdvaMed $200,000 $385,025
Advanced Tissue $60,000 $40,000
Allergan $541,000 $510,000
Aprima $30,000 $50,000
Athenahealth $20,000 $10,000
Baxter Healthcare $1,217,500 $1,232,500
Becton, Dickinson $215,000 $178,000
Boston Scientific $590,000 $605,000
C.R. Bard $30,000 $30,000
Carefusion $90,000 $60,000
Cepheid $100,000 $180,000
ConvaTec $100,000 $50,000
Cook Group $110,000 n/a
Covidien $1,090,000 $640,000
Cyberonics $8,000 $9,000
DJO Inc. $60,000

$60,000

Edwards Lifesciences $295,000 $345,000
eHealth Global Technologies $10,000 $360,000
GE (including subsidiaries) $6,840,000 $7,140,000
GE Healthcare $20,000 $30,000
Henry Schein Inc. $10,000 n/a
Hologic $20,000 $20,000
Hospira $180,000 $230,000
IMS $140,000 $160,000
Intrafusion $30,000 n/a
Intuitive Surgical $20,000 $20,000
Invacare $30,000 $30,000
Inverness Medical Innovations $30,000 $30,000
Johnson & Johnson $1,960,000 $2,374,000
LifeIMAGE $10,000 $10,000
Lifeline Vascular Access $120,000 $30,000
Life Technologies Corp. $250,000 $310,000
Medrad $40,000 $40,000
Medtronic $1,094,000 $1,235,000
MicroMedex $30,000 $30,000
Navimedix $30,000 $30,000
Owens & Minor $75,039 $75,000
Quest Diagnostics $226,349 $214,224
Stryker Corp. $130,000 $20,000
Varian $180,000 $190,000
Zimmer $75,160 $30,000
ZirMed Inc. $9,000 $9,000
TOTAL $19,131,048 $20,250,749

Filed Under: Business/Financial News, News Well

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