A new Senate bill introduced yesterday would create a fast-track program at the FDA for breakthrough medical devices
The bill, S. 1077 or " A bill to provide for expedited development of and priority review for breakthrough devices," was sponsored by Sen. Richard Burr (R-N.C.) and co-sponsored by Sens. Orrin Hatch (R-Utah) and Michael Bennet (D-Colo.).
A handful of Democrats in Congress are hoping to curb a corporate exodus by threatening to withhold federal contracts from firms that shift their headquarters overseas to benefit from lower tax rates.
Senator Angus King (I-Maine) has a new bill on the floor that he says will correct a fundamental imbalance in the medtech market, namely by imposing more pricing transparency on medical device makers.
Senate Republicans, infuriated over Democrats’ refusal to allow amendments to a bill that would extend some tax cuts, voted to block the tax extenders bill yesterday.
Republicans aren’t ready to back down from efforts to strike the medical device tax, even as insiders say that there’s no way a repeal measure will make it into a tax credit extension bill taking shape now in the Senate.
MASSDEVICE ON CALL — There will be no bid to repeal or postpone the medical device tax in the legislation under debate in Washington to extend certain tax cuts, according to the Connect public policy blog.