The Massachusetts Life Sciences Center handed out $25 million in tax breaks to local companies, with 6 medical device makers taking $7.8 million of the total pot.
Insulet (NSDQ:PODD) president & CEO Duane DeSisto is looking for a few good reps, planning to add 20 members to the company’s sales force by the end of the 1st quarter.
Rep. Charlie Dent (R-Pa.) is taking another swing at the medical device tax, including a repeal measure in a jobs bill that he plans to introduce this week.
Dent’s legislation would strike the medtech levy alongside measures to restore emergency unemployment benefits, which he plans to pay for through a change the child tax credit, and measures to authorize the Keystone XL oil sands pipeline, Politico reported.
The Massachusetts Life Science Center has doled out more than $25 million to 25 life science companies who pledged to create new jobs in its latest round of tax incentives,