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Medical Coalition Urges Repeal of Medical Device Excise Tax

JUL. 18, 2011

Medical Coalition Urges Repeal of Medical Device Excise Tax

DATED JUL. 18, 2011
DOCUMENT ATTRIBUTES
  • Institutional Authors
    3C Spine, Inc.
    3M Healthcare
    Abaxis
    Abbey Moor Medical
    Abiomed, Inc.
    Acacia Research Corporation
    AccessClosure
    Accuitive Medical Ventures
    Acumen Healthcare Solutions, LLC
    Adhezion Biomedical, LLC
    Adroit Medical
    Advanced BioHealing
    Advanced Bionics
    Advanced Medical Technology Association
    Advanced Technology Ventures
    AdvanDx
    Aerocrine, Inc.
    Aesculap, Inc.
    Aethlon Medical, Inc.
    Align Technology, Inc.
    Allegro Diagnostics
    Allergan
    Allvivo Vascular, Inc.
    ALPCO Diagnostics
    Alphatec Spine, Inc.
    Alta Partners
    Ambu
    Amedica
    American Medical Systems
    Analogic Corp
    Andersen Products
    Angel Medical Systems
    AngioDynamics
    Anulex Technologies, Inc.
    Apnex Medical, Inc.
    AqueSys, Inc.
    ARC Medical, Inc.
    Ardiem Medical, Inc.
    Argenta Advisors
    ARIBEX, Inc.
    Arizona BioIndustry Association
    ARKRAY
    Asante Solutions, Inc.
    Aspen Medical Products
    AtCor Medical Holdings, Ltd.
    ATEK Medical
    Ativa Medical
    AtriCure, Inc.
    Atrium Medical Corporation
    Aurident, Inc.
    Auxogyn, Inc.
    Avinger
    Axiom Medical, Inc.
    AxoGen, Inc.
    B. Braun Medical, Inc.
    BAROnova, Inc.
    BaroSense, Inc
    BÂRRX Medical, Inc.
    Baxano
    BayBio
    BEACON (Biomedical Engineering Alliance & Consortium)
    BeneChill, Inc.
    Berman Medical
    BioBDx
    BioCardia, Inc.
    BioCare Systems, Inc.
    BIOCOM
    Bioconnect Systems, Inc.
    BioDerm, Inc.
    BioFlorida
    BIOforward
    BioMedical Life Systems
    BioMedix
    Biomerix Corporation
    Biomet, Inc.
    BioOhio
    Bioscale
    BioSculpture Technology, Inc.
    Biotest Laboratories, Inc.
    Boston Healthcare Associates, Inc.
    Boston Scientific Corporation
    Breathe Technologies
    BTE Technologies, Inc.
    Busse Hospital Disposables
    C.R. Bard, Inc.
    Cabochon Aesthetics, Inc.
    Caldera Medical, Inc.
    Calibra Medical, Inc.
    California Healthcare Institute (CHI)
    Calypso Medical
    Canaan Partners
    Cannuflow Inc.
    Cantimer, Inc.
    Carbylan Biosurgery, Inc.
    Cardia Access
    Cardiac Dimensions, Inc.
    Cardiac Science
    CardiacAssist, Inc.
    Cardinal Detecto
    CardioMEMS, Inc.
    Cardiovascular Systems, Inc.
    CareFusion Corporation
    Carticept Medical, Inc.
    Catheter Connections
    CBSA
    CEA Technologies, Inc.
    Celleration
    Cellestis Inc.
    Checkpoint Surgical
    CHF Solutions, Inc.
    Christcot Medical Company
    Clarity Medical Systems, Inc.
    Coherex Medical
    COMPASS International Innovations
    Conceptus
    ConvaTec Inc.
    Cook Medical
    Corinthian Ophthalmic, Inc.
    Covalent Medical, Inc.
    Covidien
    Critical Diagnostics
    Crux Biomedical
    Curexo Technology Corporation
    Curo Medical, Inc.
    CVRx Inc.
    Cyberonics
    Cynosure
    Cytori Therapeutics, Inc.
    CytoSorbents Corporation
    D&D Medical, Inc.
    DataPhysics Research, Inc.
    DaVinci Biomedical Research Prod., Inc.
    De Novo Ventures
    Delcath Systems, Inc.
    Dental Trade Alliance (DTA)
    Design Mentor
    DFine, Inc.
    Digirad
    Direct Flow Medical
    Disposable Instrument Co., Inc.
    Domain Associates, L.L.C.
    Drexler Medical
    Dynatronics
    Echo Therapeutics
    EKOS Corporation
    Ellman International
    Emergent Medical Partners
    Emerson Consultants, Inc.
    Endo Pharmaceuticals
    Endo-Therapeutics, Inc.
    EndoChoice, Inc.
    EndoGastric Solutions
    eNeura Therapeutics
    Entellus Medical
    EnteroMedics, Inc.
    Erchonia Corp.
    Essex Woodlands
    eVent Medical
    Exactech
    Experien Group
    ExploraMed Development, LLC
    FAST Diagnostics
    FemCap Inc.
    Ferris Mfg. Corp.
    Flexuspine, Inc.
    Florida Medical Manufacturing Consortium
    ForSight Labs
    Fresenius Medical Care NA
    Fujirebio Diagnostics, Inc.
    Galil Medical
    Galt Medical
    Gambro
    Gen-Probe Incorporated
    GENICON
    GI Dynamics, Inc.
    Globus Medical
    GluMetrics
    Greatbatch Medical
    HALT Medical, Inc.
    Healthpoint Biotherapeutics
    HealthpointCapital
    HeartWare International, Inc.
    HEMERUS
    Hill-Rom
    Hotspur Technologies, Inc.
    Hull Associates
    ICAP Patent Brokerage
    ICONACY Orthopedic Implants, LLC
    IKARIA
    IlluminOss Medical, Inc.
    ImpediMed
    Impliant, Inc.
    ImThera Medical, Inc.
    Indiana Medical Device Manufacturers Council
    InfraScan, Inc.
    Innovative Surgical Designs, Inc.
    Innovent Medical Solutions, Ltd.
    Inogen
    inSite Medical Technologies
    Instratek, Inc.
    IntraPace
    IntriMed Technologies
    Intuity Medical, Inc
    iRhythm Technologies, Inc.
    Ivantis, Inc.
    J.H. Garver Consulting, LLC
    Jack Saladow & Associates
    Kalypto Medical
    KCI
    Kensey Nash Corporation
    Kimberly-Clark Health Care
    KRONUS, Inc.
    LAAx, Inc.
    LeukoDx Ltd.
    LFI Medical
    Life Core Technologies
    Lifecore Biomedical, LLC
    LifeScience Alley
    LifeWave
    Linde Healthcare
    LogicMark, LLC
    Lutonix, Inc.
    MacuCLEAR, Inc.
    Mardil Medical, Inc.
    Masimo
    Massachusetts Medical Device Industry Council
    Medafor, Inc.
    MedDx Capital Advisors
    Medical Device Consultants, Inc.
    Medical Device Manufacturers Association
    Medical Imaging & Technology Alliance
    Medicis Technologies Corporation
    Mediclever
    MediStim USA, Inc.
    Medrad
    Medrobiotics Corporation
    MedTech
    Mercury Medical
    Merit Medical Systems, Inc.
    MichBio
    MicroTransponder Inc.
    Midmark Corporation
    Minnetronix
    Mirador Biomedical
    Miramar Labs
    Moog Medical Devices
    Morgenthaler Ventures
    Morris Innovative
    Moximed
    MPM Capital
    MPR Product Development
    MyoScience
    National Association of Manufacturers (NAM)
    National Federation of Independent Business
    Naviscan, Inc.
    NDH Medical
    Nelson Laboratories, Inc.
    Neocure
    Neomend, Inc.
    NeoTract, Inc.
    Neovista Inc.
    Neuro Resource Group, Inc.
    Neuronetics, Inc.
    NeuroPace
    NeuroVista Corportation
    NeuroWave Systems Inc.
    Neuvomedica Ltd.
    New Enterprise Associates
    New Leaf Venture Partners
    NinePoint Medical
    Non-Invasive Medical Systems
    Norris Capital, Inc.
    North Carolina Biosciences Organization
    Nova Biomedical
    Novasys Medical
    NuOrtho Surgical, Inc.
    Nuvasive
    Nuvimedix LLC
    NVCA/MedIC
    NxStage Medical, Inc.
    O.E. Meyer Co.
    OMNIlife science, Inc.
    ONSET Ventures
    OptiMedica
    OptiScan Biomedical, Inc.
    Orchid Orthopedic Solutions
    Ortho Kinematics
    Orthodontic Manufacturers Association
    OrthoWorx
    OsteoMed
    Paracor Medical, Inc.
    Pathfinder Therapeutics, Inc.
    Pathway Medical Technologoes
    Patient Pocket, LLC
    Pennsylvania Bio
    Penumbra, Inc.
    PercSys
    Percutaneous Systems
    Phillips Consulting Group, LLC
    PhotoMed Technologies, Inc.
    Pivot Medical Inc.
    Plasma Technologies, Inc.
    Plexus Corp.
    Portaero
    Preceptis
    Prism VentureWorks
    Prizm Medical, Inc.
    Prospect Venture Partners
    Proteus Bimedical, Inc.
    PuriCore
    QualPro Consulting
    Quasar Bio-Tech Inc.
    Regulatory & Quality Solutions LLC
    Reichert Technologies
    Reimbursement Strategies, LLC
    Relievant Medsystems, Inc.
    Respicardia, Inc.
    Respiratory Research, Inc.
    ReVent Medical, Inc.
    ReVision Optics
    Rhythmlink International, LLC
    RITM America
    RODO Medical, Inc.
    ROX Medical
    SandBox Medical LLC
    SDRS LLC
    Sensable
    Sequent Medical Inc.
    SightLine Partners
    SIGNUS Medical, LLC
    Silere Medical Technology, Inc
    Sirtex Medical Inc
    Skyline Ventures
    Small Bone Innovations, Inc.
    Smith and Nephew, Inc.
    Smiths Medical
    Soteira, Inc.
    Sotera Wireless
    Southeastern Medical Device Association
    Spherlngenics, Inc.
    Spinal Kinetics
    SpinalMotion, Inc.
    Spine Wave, Inc.
    SpineAlign Medical, Inc.
    Spineology Inc.
    Spiracur Inc.
    Spiration, Inc.
    Split Rock Partners
    St. Jude Medical
    STD Med, Inc.
    Stout Medical Group
    Strada Consulting
    Streamline, Inc.
    Stryker
    Sunshine Heart
    SunShine Medical LLC
    superDimension, Ltd.
    SurgeOptix
    SuturePro Technologies
    Svelte Medical Systems, Inc.
    Swan Valley Medical, Incorporated
    Synapse Biomedical, Inc.
    Synecor, LLC
    Synergy Life Science Partners
    Sysdyne Corporation
    Tactile Systems Technology, Inc.
    Tarsus Medical Inc.
    TearScience, Inc.
    Tenaxis Medical, Inc.
    The Eclipse Group
    The Foundry
    The Innovation Factory
    The Vertical Group
    TheraTogs, Inc.
    ThermoGenesis Corp.
    Therox
    THI, Inc.
    Thoratec Corporation
    Three Arch Partners
    Doc 2011-15598 (26 pgs)
    ThreeWire
    TIDI Products
    TranS1, Inc.
    Transcend Medical
    TransEnterix, Inc.
    Transonic Systems, Inc.
    TriVascular, Inc.
    Twin Star Medical
    TYRX, Inc.
    U.S. Chamber of Commerce
    UltiMed, Inc.
    Unilife medical solutions
    Urologix, Inc
    Uromedica, Inc.
    Uroplasty, Inc.
    Urovalve, Inc.
    USGI Medical, Inc.
    USHIFU, LLC
    Utah Technology Council
    Valeritas, Inc.
    Valley Ventures
    ValveXchange, Inc.
    Vascular Solutions, Inc.
    Vector Resources
    Velico Medical, Inc.
    Velomedix, Inc.
    Ventus Medical, Inc.
    Veracyte
    Versant Ventures
    Vibrynt, Inc.
    VIDA Diagnostics
    Virginia Biotechnology Association
    VirtualScopics, Inc.
    Viscogliosi Bros., LLC
    VisionCare Ophthalmic Technologies
    Vital Therapies, Inc.
    Vital/Med Systems Corporation
    Vitalcor, Inc.
    Volcano Corp.
    Washington Biotechnology & Biomedical Association
    Waters Corporation
    Wescor
    White Pine Medical, Inc.
    Wilson Sonsini Goodrich & Rosati
    Zilico Limited
    Zimmer, Inc.
    ZOLL
    Zynex Medical, Inc.
  • Code Sections
  • Subject Area/Tax Topics
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 2011-15598
  • Tax Analysts Electronic Citation
    2011 TNT 138-36

 

July 18, 2011

 

 

The Honorable Harry Reid

 

Majority Leader

 

United States Senate

 

 

The Honorable Richard Durbin

 

Assistant Majority Leader

 

United States Senate

 

 

The Honorable Mitch McConnell

 

Minority Leader

 

United States Senate

 

 

The Honorable Jon Kyl

 

Assistant Minority Leader

 

United States Senate

 

 

Dear Majority Leader Reid, Assistant Majority Leader Durbin, Minority Leader McConnell, and Assistant Minority Leader Kyl,

As Congress explores policies to grow the economy, encourage job creation and innovation, we respectfully request that you add the repeal of the recently enacted medical device excise tax to your list of priorities of legislation that should be acted on this year. We believe that implementation of this $20 billion excise tax will adversely impact patient care and innovation, and will substantially increase the costs of health care. On behalf of the more than 400 undersigned organizations, companies, and venture capital firms representing hundreds of thousands medical technology jobs, we ask that you bring the device repeal legislation to a vote this year.

As you know, the medical device industry is a unique American success story -- both for patients and our economy. The United States is the world leader in manufacturing life-saving and life-enhancing treatments, and the industry is an important engine for economic growth. The industry employs more than 400,000 workers nationwide; generates approximately $25 billion in payroll; pays out salaries that are 40 percent more than the national average ($58,000 vs. $42,000); and invests nearly $10 billion in research and development (R&D) annually. The industry is fueled by innovative companies, the majority of which are small businesses with 80 percent of companies having less than 50 employees and 98 percent with less than 500 employees.

Unfortunately, beginning in 2013, the health care law will impose a new $20 billion excise tax on medical technology companies that will stifle innovation and U.S. competitiveness. Despite the 2013 implementation date, the tax is already having an adverse impact on R&D investment and job creation, jeopardizing the U.S. global leadership position in medical device innovation. If this tax is not repealed, it will continue to force affected companies to consider cutting manufacturing operations, research and development, and employment levels to recoup the lost earnings due to the tax. It will also adversely impact patient access to new and innovative medical technologies.

In short, this tax on innovation should be repealed for the following three important reasons:

  • The tax will stifle innovation and cost thousands of high-paying jobs. It will increase the effective tax rate for many medical technology companies, thereby reducing financial resources that should be used for R&D, clinical trials and investments in manufacturing. The impact will be especially hard on smaller companies whose innovations are not immediately profitable.

  • The tax will increase health care costs as confirmed by a report issued in April 2010 by the Office of the Actuary at the Centers for Medicare and Medicaid Services (CMS). In some cases, the 2.3% tax will be passed on to consumers, leading to higher health care costs.

  • The tax will not be offset by increased demand for medical devices. In fact, it is important to note that there is no evidence suggesting a device industry "windfall" from healthcare reform. Unlike other industries that may benefit from expanded coverage, the majority of device-intensive medical procedures are performed on patients that are older and already have private insurance or Medicare coverage. Where states have dramatically extended health coverage, such as in Massachusetts where they added 400,000 new covered lives, there is no evidence of a device "windfall."

 

At a time when the federal government is working to promote investment in U.S. industries of the future, it is inconsistent that a tax of this magnitude would be considered on the medical device industry. We must do all we can to encourage and promote research, development, investment and innovation. Instead, increased taxes, such as this one on the medical device industry, coupled with the increased regulatory uncertainty the industry also faces, will lead to further job losses, hinder the development of breakthrough treatments and delay patient access to medical technology.

We respectfully request timely action on legislation to repeal this $20 billion tax.

3C Spine, Inc.

3M Healthcare

Abaxis

Abbey Moor Medical

Abiomed, Inc.

Acacia Research Corporation

AccessClosure

Accuitive Medical Ventures

Acumen Healthcare Solutions, LLC

Adhezion Biomedical, LLC

Adroit Medical

Advanced BioHealing

Advanced Bionics

Advanced Medical Technology Association

Advanced Technology Ventures

AdvanDx

Aerocrine, Inc.

Aesculap, Inc.

Aethlon Medical, Inc.

Align Technology, Inc.

Allegro Diagnostics

Allergan

Allvivo Vascular, Inc.

ALPCO Diagnostics

Alphatec Spine, Inc.

Alta Partners

Ambu

Amedica

American Medical Systems

Analogic Corp

Andersen Products

Angel Medical Systems

AngioDynamics

Anulex Technologies, Inc.

Apnex Medical, Inc.

AqueSys, Inc.

ARC Medical, Inc.

Ardiem Medical, Inc.

Argenta Advisors

ARIBEX, Inc.

Arizona BioIndustry Association

ARKRAY

Asante Solutions, Inc.

Aspen Medical Products

AtCor Medical Holdings, Ltd.

ATEK Medical

Ativa Medical

AtriCure, Inc.

Atrium Medical Corporation

Aurident, Inc.

Auxogyn, Inc.

Avinger

Axiom Medical, Inc.

AxoGen, Inc.

B. Braun Medical, Inc.

BAROnova, Inc.

BaroSense, Inc

BÂRRX Medical, Inc.

Baxano

BayBio

BEACON (Biomedical Engineering Alliance & Consortium)

BeneChill, Inc.

Berman Medical

BioBDx

BioCardia, Inc.

BioCare Systems, Inc.

BIOCOM

Bioconnect Systems, Inc.

BioDerm, Inc.

BioFlorida

BIOforward

BioMedical Life Systems

BioMedix

Biomerix Corporation

Biomet, Inc.

BioOhio

Bioscale

BioSculpture Technology, Inc.

Biotest Laboratories, Inc.

Boston Healthcare Associates, Inc.

Boston Scientific Corporation

Breathe Technologies

BTE Technologies, Inc.

Busse Hospital Disposables

C.R. Bard, Inc.

Cabochon Aesthetics, Inc.

Caldera Medical, Inc.

Calibra Medical, Inc.

California Healthcare Institute (CHI)

Calypso Medical

Canaan Partners

Cannuflow Inc.

Cantimer, Inc.

Carbylan Biosurgery, Inc.

Cardia Access

Cardiac Dimensions, Inc.

Cardiac Science

CardiacAssist, Inc.

Cardinal Detecto

CardioMEMS, Inc.

Cardiovascular Systems, Inc.

CareFusion Corporation

Carticept Medical, Inc.

Catheter Connections

CBSA

CEA Technologies, Inc.

Celleration

Cellestis Inc.

Checkpoint Surgical

CHF Solutions, Inc.

Christcot Medical Company

Clarity Medical Systems, Inc.

Coherex Medical

COMPASS International Innovations

Conceptus

ConvaTec Inc.

Cook Medical

Corinthian Ophthalmic, Inc.

Covalent Medical, Inc.

Covidien

Critical Diagnostics

Crux Biomedical

Curexo Technology Corporation

Curo Medical, Inc.

CVRx Inc.

Cyberonics

Cynosure

Cytori Therapeutics, Inc.

CytoSorbents Corporation

D&D Medical, Inc.

DataPhysics Research, Inc.

DaVinci Biomedical Research Prod., Inc.

De Novo Ventures

Delcath Systems, Inc.

Dental Trade Alliance (DTA)

Design Mentor

DFine, Inc.

Digirad

Direct Flow Medical

Disposable Instrument Co., Inc.

Domain Associates, L.L.C.

Drexler Medical

Dynatronics

Echo Therapeutics

EKOS Corporation

Ellman International

Emergent Medical Partners

Emerson Consultants, Inc.

Endo Pharmaceuticals

Endo-Therapeutics, Inc.

EndoChoice, Inc.

EndoGastric Solutions

eNeura Therapeutics

Entellus Medical

EnteroMedics, Inc.

Erchonia Corp.

Essex Woodlands

eVent Medical

Exactech

Experien Group

ExploraMed Development, LLC

FAST Diagnostics

FemCap Inc.

Ferris Mfg. Corp.

Flexuspine, Inc.

Florida Medical Manufacturing Consortium

ForSight Labs

Fresenius Medical Care NA

Fujirebio Diagnostics, Inc.

Galil Medical

Galt Medical

Gambro

Gen-Probe Incorporated

GENICON

GI Dynamics, Inc.

Globus Medical

GluMetrics

Greatbatch Medical

HALT Medical, Inc.

Healthpoint Biotherapeutics

HealthpointCapital

HeartWare International, Inc.

HEMERUS

Hill-Rom

Hotspur Technologies, Inc.

Hull Associates

ICAP Patent Brokerage

ICONACY Orthopedic Implants, LLC

IKARIA

IlluminOss Medical, Inc.

ImpediMed

Impliant, Inc.

ImThera Medical, Inc.

Indiana Medical Device Manufacturers Council

InfraScan, Inc.

Innovative Surgical Designs, Inc.

Innovent Medical Solutions, Ltd.

Inogen

inSite Medical Technologies

Instratek, Inc.

IntraPace

IntriMed Technologies

Intuity Medical, Inc

iRhythm Technologies, Inc.

Ivantis, Inc.

J.H. Garver Consulting, LLC

Jack Saladow & Associates

Kalypto Medical

KCI

Kensey Nash Corporation

Kimberly-Clark Health Care

KRONUS, Inc.

LAAx, Inc.

LeukoDx Ltd.

LFI Medical

Life Core Technologies

Lifecore Biomedical, LLC

LifeScience Alley

LifeWave

Linde Healthcare

LogicMark, LLC

Lutonix, Inc.

MacuCLEAR, Inc.

Mardil Medical, Inc.

Masimo

Massachusetts Medical Device Industry Council

Medafor, Inc.

MedDx Capital Advisors

Medical Device Consultants, Inc.

Medical Device Manufacturers Association

Medical Imaging & Technology Alliance

Medicis Technologies Corporation

Mediclever

MediStim USA, Inc.

Medrad

Medrobiotics Corporation

MedTech

Mercury Medical

Merit Medical Systems, Inc.

MichBio

MicroTransponder Inc.

Midmark Corporation

Minnetronix

Mirador Biomedical

Miramar Labs

Moog Medical Devices

Morgenthaler Ventures

Morris Innovative

Moximed

MPM Capital

MPR Product Development

MyoScience

National Association of Manufacturers (NAM)

National Federation of Independent Business

Naviscan, Inc.

NDH Medical

Nelson Laboratories, Inc.

Neocure

Neomend, Inc.

NeoTract, Inc.

Neovista Inc.

Neuro Resource Group, Inc.

Neuronetics, Inc.

NeuroPace

NeuroVista Corportation

NeuroWave Systems Inc.

Neuvomedica Ltd.

New Enterprise Associates

New Leaf Venture Partners

NinePoint Medical

Non-Invasive Medical Systems

Norris Capital, Inc.

North Carolina Biosciences Organization

Nova Biomedical

Novasys Medical

NuOrtho Surgical, Inc.

Nuvasive

Nuvimedix LLC

NVCA/MedIC

NxStage Medical, Inc.

O.E. Meyer Co.

OMNIlife science, Inc.

ONSET Ventures

OptiMedica

OptiScan Biomedical, Inc.

Orchid Orthopedic Solutions

Ortho Kinematics

Orthodontic Manufacturers Association

OrthoWorx

OsteoMed

Paracor Medical, Inc.

Pathfinder Therapeutics, Inc.

Pathway Medical Technologoes

Patient Pocket, LLC

Pennsylvania Bio

Penumbra, Inc.

PercSys

Percutaneous Systems

Phillips Consulting Group, LLC

PhotoMed Technologies, Inc.

Pivot Medical Inc.

Plasma Technologies, Inc.

Plexus Corp.

Portaero

Preceptis

Prism VentureWorks

Prizm Medical, Inc.

Prospect Venture Partners

Proteus Bimedical, Inc.

PuriCore

QualPro Consulting

Quasar Bio-Tech Inc.

Regulatory & Quality Solutions LLC

Reichert Technologies

Reimbursement Strategies, LLC

Relievant Medsystems, Inc.

Respicardia, Inc.

Respiratory Research, Inc.

ReVent Medical, Inc.

ReVision Optics

Rhythmlink International, LLC

RITM America

RODO Medical, Inc.

ROX Medical

SandBox Medical LLC

SDRS LLC

Sensable

Sequent Medical Inc.

SightLine Partners

SIGNUS Medical, LLC

Silere Medical Technology, Inc

Sirtex Medical Inc

Skyline Ventures

Small Bone Innovations, Inc.

Smith and Nephew, Inc.

Smiths Medical

Soteira, Inc.

Sotera Wireless

Southeastern Medical Device Association

Spherlngenics, Inc.

Spinal Kinetics

SpinalMotion, Inc.

Spine Wave, Inc.

SpineAlign Medical, Inc.

Spineology Inc.

Spiracur Inc.

Spiration, Inc.

Split Rock Partners

St. Jude Medical

STD Med, Inc.

Stout Medical Group

Strada Consulting

Streamline, Inc.

Stryker

Sunshine Heart

SunShine Medical LLC

superDimension, Ltd.

SurgeOptix

SuturePro Technologies

Svelte Medical Systems, Inc.

Swan Valley Medical, Incorporated

Synapse Biomedical, Inc.

Synecor, LLC

Synergy Life Science Partners

Sysdyne Corporation

Tactile Systems Technology, Inc.

Tarsus Medical Inc.

TearScience, Inc.

Tenaxis Medical, Inc.

The Eclipse Group

The Foundry

The Innovation Factory

The Vertical Group

TheraTogs, Inc.

ThermoGenesis Corp.

Therox

THI, Inc.

Thoratec Corporation

Three Arch Partners

ThreeWire

TIDI Products

TranS1, Inc.

Transcend Medical

TransEnterix, Inc.

Transonic Systems, Inc.

TriVascular, Inc.

Twin Star Medical

TYRX, Inc.

U.S. Chamber of Commerce

UltiMed, Inc.

Unilife medical solutions

Urologix, Inc

Uromedica, Inc.

Uroplasty, Inc.

Urovalve, Inc.

USGI Medical, Inc.

USHIFU, LLC

Utah Technology Council

Valeritas, Inc.

Valley Ventures

ValveXchange, Inc.

Vascular Solutions, Inc.

Vector Resources

Velico Medical, Inc.

Velomedix, Inc.

Ventus Medical, Inc.

Veracyte

Versant Ventures

Vibrynt, Inc.

VIDA Diagnostics

Virginia Biotechnology Association

VirtualScopics, Inc.

Viscogliosi Bros., LLC

VisionCare Ophthalmic Technologies

Vital Therapies, Inc.

Vital/Med Systems Corporation

Vitalcor, Inc.

Volcano Corp.

Washington Biotechnology & Biomedical Association

Waters Corporation

Wescor

White Pine Medical, Inc.

Wilson Sonsini Goodrich & Rosati

Zilico Limited

Zimmer, Inc.

ZOLL

Zynex Medical, Inc.

 

* * * * *

 

 

July 18, 2011

 

 

The Honorable John Boehner

 

Speaker of the House

 

U.S. House of Representatives

 

 

The Honorable Eric Cantor

 

Majority Leader

 

U.S. House of Representatives

 

 

The Honorable Kevin McCarthy

 

Majority Whip

 

U.S. House of Representatives

 

 

The Honorable Nancy Pelosi

 

Minority Leader

 

U.S. House of Representatives

 

 

The Honorable Steny Hoyer

 

Minority Whip

 

U.S. House of Representatives

 

 

The Honorable James Clyburn

 

Assistant Minority Leader

 

U.S. House of Representatives

 

 

Dear Speaker Boehner, Majority Leader Cantor, Majority Whip McCarthy, Minority Leader Pelosi, Minority Whip Hoyer, and Assistant Minority Leader Clyburn:

As Congress explores policies to grow the economy, encourage job creation and innovation, we respectfully request that you add the repeal of the recently enacted medical device excise tax to your list of priorities of legislation that should be acted on this year. We believe that implementation of this $20 billion excise tax will adversely impact patient care and innovation, and will substantially increase the costs of health care. On behalf of the more than 400 undersigned organizations, companies, and venture capital firms representing hundreds of thousands medical technology jobs, we ask that you bring the device repeal legislation, which has the support of more than 175 Members, to a vote this year.

As you know, the medical device industry is a unique American success story -- both for patients and our economy. The United States is the world leader in manufacturing life-saving and life-enhancing treatments, and the industry is an important engine for economic growth. The industry employs more than 400,000 workers nationwide; generates approximately $25 billion in payroll; pays out salaries that are 40 percent more than the national average ($58,000 vs. $42,000); and invests nearly $10 billion in research and development (R&D) annually. The industry is fueled by innovative companies, the majority of which are small businesses with 80 percent of companies having less than 50 employees and 98 percent with less than 500 employees.

Unfortunately, beginning in 2013, the health care law will impose a new $20 billion excise tax on medical technology companies that will stifle innovation and U.S. competitiveness. Despite the 2013 implementation date, the tax is already having an adverse impact on R&D investment and job creation, jeopardizing the U.S. global leadership position in medical device innovation. If this tax is not repealed, it will continue to force affected companies to consider cutting manufacturing operations, research and development, and employment levels to recoup the lost earnings due to the tax. It will also adversely impact patient access to new and innovative medical technologies.

In short, this tax on innovation should be repealed for the following three important reasons:

  • The tax will stifle innovation and cost thousands of high-paying jobs. It will increase the effective tax rate for many medical technology companies, thereby reducing financial resources that should be used for R&D, clinical trials and investments in manufacturing. The impact will be especially hard on smaller companies whose innovations are not immediately profitable.

  • The tax will increase health care costs as confirmed by a report issued in April 2010 by the Office of the Actuary at the Centers for Medicare and Medicaid Services (CMS). In some cases, the 2.3% tax will be passed on to consumers, leading to higher health care costs.

  • The tax will not be offset by increased demand for medical devices. In fact, it is important to note that there is no evidence suggesting a device industry "windfall" from healthcare reform. Unlike other industries that may benefit from expanded coverage, the majority of device-intensive medical procedures are performed on patients that are older and already have private insurance or Medicare coverage. Where states have dramatically extended health coverage, such as in Massachusetts where they added 400,000 new covered lives, there is no evidence of a device "windfall."

 

At a time when the federal government is working to promote investment in U.S. industries of the future, it is inconsistent that a tax of this magnitude would be considered on the medical device industry. We must do all we can to encourage and promote research, development, investment and innovation. Instead, increased taxes, such as this one on the medical device industry, coupled with the increased regulatory uncertainty the industry also faces, will lead to further job losses, hinder the development of breakthrough treatments and delay patient access to medical technology.

We respectfully request timely action on legislation to repeal this $20 billion tax.

3C Spine, Inc.

3M Healthcare

Abaxis

Abbey Moor Medical

Abiomed, Inc.

Acacia Research Corporation

AccessClosure

Accuitive Medical Ventures

Acumen Healthcare Solutions, LLC

Adhezion Biomedical, LLC

Adroit Medical

Advanced BioHealing

Advanced Bionics

Advanced Medical Technology Association

Advanced Technology Ventures

AdvanDx

Aerocrine, Inc.

Aesculap, Inc.

Aethlon Medical, Inc.

Align Technology, Inc.

Allegro Diagnostics

Allergan

Allvivo Vascular, Inc.

ALPCO Diagnostics

Alphatec Spine, Inc.

Alta Partners

Ambu

Amedica

American Medical Systems

Analogic Corp

Andersen Products

Angel Medical Systems

AngioDynamics

Anulex Technologies, Inc.

Apnex Medical, Inc.

AqueSys, Inc.

ARC Medical, Inc.

Ardiem Medical, Inc.

Argenta Advisors

ARIBEX, Inc.

Arizona BioIndustry Association

ARKRAY

Asante Solutions, Inc.

Aspen Medical Products

AtCor Medical Holdings, Ltd.

ATEK Medical

Ativa Medical

AtriCure, Inc.

Atrium Medical Corporation

Aurident, Inc.

Auxogyn, Inc.

Avinger

Axiom Medical, Inc.

AxoGen, Inc.

B. Braun Medical, Inc.

BAROnova, Inc.

BaroSense, Inc

BÂRRX Medical, Inc.

Baxano

BayBio

BEACON (Biomedical Engineering Alliance & Consortium)

BeneChill, Inc.

Berman Medical

BioBDx

BioCardia, Inc.

BioCare Systems, Inc.

BIOCOM

Bioconnect Systems, Inc.

BioDerm, Inc.

BioFlorida

BIOforward

BioMedical Life Systems

BioMedix

Biomerix Corporation

Biomet, Inc.

BioOhio

Bioscale

BioSculpture Technology, Inc.

Biotest Laboratories, Inc.

Boston Healthcare Associates, Inc.

Boston Scientific Corporation

Breathe Technologies

BTE Technologies, Inc.

Busse Hospital Disposables

C.R. Bard, Inc.

Cabochon Aesthetics, Inc.

Caldera Medical, Inc.

Calibra Medical, Inc.

California Healthcare Institute (CHI)

Calypso Medical

Canaan Partners

Cannuflow Inc.

Cantimer, Inc.

Carbylan Biosurgery, Inc.

Cardia Access

Cardiac Dimensions, Inc.

Cardiac Science

CardiacAssist, Inc.

Cardinal Detecto

Cardinal Health

CardioMEMS, Inc.

Cardiovascular Systems, Inc.

CareFusion Corporation

Carticept Medical, Inc.

Catheter Connections

CBSA

CEA Technologies, Inc.

Celleration

Cellestis Inc.

Checkpoint Surgical

CHF Solutions, Inc.

Christcot Medical Company

Clarity Medical Systems, Inc.

Coherex Medical

COMPASS International Innovations

Conceptus

ConvaTec Inc.

Cook Medical

Corinthian Ophthalmic, Inc.

Covalent Medical, Inc.

Covidien

Critical Diagnostics

Crux Biomedical

Curexo Technology Corporation

Curo Medical, Inc.

CVRx Inc.

Cyberonics

Cynosure

Cytori Therapeutics, Inc.

CytoSorbents Corporation

D&D Medical, Inc.

DataPhysics Research, Inc.

DaVinci Biomedical Research Prod., Inc.

De Novo Ventures

Delcath Systems, Inc.

Dental Trade Alliance (DTA)

Design Mentor

DFine, Inc.

Digirad

Direct Flow Medical

Disposable Instrument Co., Inc.

Domain Associates, L.L.C.

Drexler Medical

Dynatronics

Echo Therapeutics

EKOS Corporation

Ellman International

Emergent Medical Partners

Emerson Consultants, Inc.

Endo Pharmaceuticals

Endo-Therapeutics, Inc.

EndoChoice, Inc.

EndoGastric Solutions

eNeura Therapeutics

Entellus Medical

EnteroMedics, Inc.

Erchonia Corp.

Essex Woodlands

eVent Medical

Exactech

Experien Group

ExploraMed Development, LLC

FAST Diagnostics

FemCap Inc.

Ferris Mfg. Corp.

Flexuspine, Inc.

Florida Medical Manufacturing Consortium

ForSight Labs

Fresenius Medical Care NA

Fujirebio Diagnostics, Inc.

Galil Medical

Galt Medical

Gambro

Gen-Probe Incorporated

GENICON

GI Dynamics, Inc.

Globus Medical

GluMetrics

Greatbatch Medical

HALT Medical, Inc.

Healthpoint Biotherapeutics

HealthpointCapital

HeartWare International, Inc.

HEMERUS

Hill-Rom

Hotspur Technologies, Inc.

Hull Associates

ICAP Patent Brokerage

ICONACY Orthopedic Implants, LLC

IKARIA

IlluminOss Medical, Inc.

ImpediMed

Impliant, Inc.

ImThera Medical, Inc.

Indiana Medical Device Manufacturers Council

InfraScan, Inc.

Innovative Surgical Designs, Inc.

Innovent Medical Solutions, Ltd.

Inogen

inSite Medical Technologies

Instratek, Inc.

IntraPace

IntriMed Technologies

Intuity Medical, Inc

iRhythm Technologies, Inc.

Ivantis, Inc.

J.H. Garver Consulting, LLC

Jack Saladow & Associates

Kalypto Medical

KCI

Kensey Nash Corporation

Kimberly-Clark Health Care

KRONUS, Inc.

LAAx, Inc.

LeukoDx Ltd.

LFI Medical

Life Core Technologies

Lifecore Biomedical, LLC

LifeScience Alley

LifeWave

Linde Healthcare

LogicMark, LLC

Lutonix, Inc.

MacuCLEAR, Inc.

Mardil Medical, Inc.

Masimo

Massachusetts Medical Device Industry Council

Medafor, Inc.

MedDx Capital Advisors

Medical Device Consultants, Inc.

Medical Device Manufacturers Association

Medical Imaging & Technology Alliance

Medicis Technologies Corporation

Mediclever

MediStim USA, Inc.

Medrad

Medrobiotics Corporation

MedTech

Mercury Medical

Merit Medical Systems, Inc.

MichBio

MicroTransponder Inc.

Midmark Corporation

Minnetronix

Mirador Biomedical

Miramar Labs

Moog Medical Devices

Morgenthaler Ventures

Morris Innovative

Moximed

MPM Capital

MPR Product Development

MyoScience

National Association of Manufacturers (NAM)

National Federation of Independent Business

Naviscan, Inc.

NDH Medical

Nelson Laboratories, Inc.

Neocure

Neomend, Inc.

NeoTract, Inc.

Neovista Inc.

Neuro Resource Group, Inc.

Neuronetics, Inc.

NeuroPace

NeuroVista Corportation

NeuroWave Systems Inc.

Neuvomedica Ltd.

New Enterprise Associates

New Leaf Venture Partners

NinePoint Medical

Non-Invasive Medical Systems

Norris Capital, Inc.

North Carolina Biosciences Organization

Nova Biomedical

Novasys Medical

NuOrtho Surgical, Inc.

Nuvasive

Nuvimedix LLC

NVCA/MedIC

NxStage Medical, Inc.

O.E. Meyer Co.

OMNIlife science, Inc.

ONSET Ventures

OptiMedica

OptiScan Biomedical, Inc.

Orchid Orthopedic Solutions

Ortho Kinematics

Orthodontic Manufacturers Association

OrthoWorx

OsteoMed

Paracor Medical, Inc.

Pathfinder Therapeutics, Inc.

Pathway Medical Technologoes

Patient Pocket, LLC

Pennsylvania Bio

Penumbra, Inc.

PercSys

Percutaneous Systems

Phillips Consulting Group, LLC

PhotoMed Technologies, Inc.

Pivot Medical Inc.

Plasma Technologies, Inc.

Plexus Corp.

Portaero

Preceptis

Prism VentureWorks

Prizm Medical, Inc.

Prospect Venture Partners

Proteus Bimedical, Inc.

PuriCore

QualPro Consulting

Quasar Bio-Tech Inc.

Regulatory & Quality Solutions LLC

Reichert Technologies

Reimbursement Strategies, LLC

Relievant Medsystems, Inc.

Respicardia, Inc.

Respiratory Research, Inc.

ReVent Medical, Inc.

ReVision Optics

Rhythmlink International, LLC

RITM America

RODO Medical, Inc.

ROX Medical

SandBox Medical LLC

SDRS LLC

Sensable

Sequent Medical Inc.

SightLine Partners

SIGNUS Medical, LLC

Silere Medical Technology, Inc

Sirtex Medical Inc

Skyline Ventures

Small Bone Innovations, Inc.

Smith and Nephew, Inc.

Smiths Medical

Soteira, Inc.

Sotera Wireless

Southeastern Medical Device Association

Spherlngenics, Inc.

Spinal Kinetics

SpinalMotion, Inc.

Spine Wave, Inc.

SpineAlign Medical, Inc.

Spineology Inc.

Spiracur Inc.

Spiration, Inc.

Split Rock Partners

St. Jude Medical

STD Med, Inc.

Stout Medical Group

Strada Consulting

Streamline, Inc.

Stryker

Sunshine Heart

SunShine Medical LLC

superDimension, Ltd.

SurgeOptix

SuturePro Technologies

Svelte Medical Systems, Inc.

Swan Valley Medical, Incorporated

Synapse Biomedical, Inc.

Synecor, LLC

Synergy Life Science Partners

Sysdyne Corporation

Tactile Systems Technology, Inc.

Tarsus Medical Inc.

TearScience, Inc.

Tenaxis Medical, Inc.

The Eclipse Group

The Foundry

The Innovation Factory

The Vertical Group

TheraTogs, Inc.

ThermoGenesis Corp.

Therox

THI, Inc.

Thoratec Corporation

Three Arch Partners

ThreeWire

TIDI Products

TranS1, Inc.

Transcend Medical

TransEnterix, Inc.

Transonic Systems, Inc.

TriVascular, Inc.

Twin Star Medical

TYRX, Inc.

U.S. Chamber of Commerce

UltiMed, Inc.

Unilife medical solutions

Urologix, Inc

Uromedica, Inc.

Uroplasty, Inc.

Urovalve, Inc.

USGI Medical, Inc.

USHIFU, LLC

Utah Technology Council

Valeritas, Inc.

Valley Ventures

ValveXchange, Inc.

Vascular Solutions, Inc.

Vector Resources

Velico Medical, Inc.

Velomedix, Inc.

Ventus Medical, Inc.

Veracyte

Versant Ventures

Vibrynt, Inc.

VIDA Diagnostics

Virginia Biotechnology Association

VirtualScopics, Inc.

Viscogliosi Bros., LLC

VisionCare Ophthalmic Technologies

Vital Therapies, Inc.

Vital/Med Systems Corporation

Vitalcor, Inc.

Volcano Corp.

Washington Biotechnology & Biomedical Association

Waters Corporation

Wescor

White Pine Medical, Inc.

Wilson Sonsini Goodrich & Rosati

Zilico Limited

Zimmer, Inc.

ZOLL

Zynex Medical, Inc.

DOCUMENT ATTRIBUTES
  • Institutional Authors
    3C Spine, Inc.
    3M Healthcare
    Abaxis
    Abbey Moor Medical
    Abiomed, Inc.
    Acacia Research Corporation
    AccessClosure
    Accuitive Medical Ventures
    Acumen Healthcare Solutions, LLC
    Adhezion Biomedical, LLC
    Adroit Medical
    Advanced BioHealing
    Advanced Bionics
    Advanced Medical Technology Association
    Advanced Technology Ventures
    AdvanDx
    Aerocrine, Inc.
    Aesculap, Inc.
    Aethlon Medical, Inc.
    Align Technology, Inc.
    Allegro Diagnostics
    Allergan
    Allvivo Vascular, Inc.
    ALPCO Diagnostics
    Alphatec Spine, Inc.
    Alta Partners
    Ambu
    Amedica
    American Medical Systems
    Analogic Corp
    Andersen Products
    Angel Medical Systems
    AngioDynamics
    Anulex Technologies, Inc.
    Apnex Medical, Inc.
    AqueSys, Inc.
    ARC Medical, Inc.
    Ardiem Medical, Inc.
    Argenta Advisors
    ARIBEX, Inc.
    Arizona BioIndustry Association
    ARKRAY
    Asante Solutions, Inc.
    Aspen Medical Products
    AtCor Medical Holdings, Ltd.
    ATEK Medical
    Ativa Medical
    AtriCure, Inc.
    Atrium Medical Corporation
    Aurident, Inc.
    Auxogyn, Inc.
    Avinger
    Axiom Medical, Inc.
    AxoGen, Inc.
    B. Braun Medical, Inc.
    BAROnova, Inc.
    BaroSense, Inc
    BÂRRX Medical, Inc.
    Baxano
    BayBio
    BEACON (Biomedical Engineering Alliance & Consortium)
    BeneChill, Inc.
    Berman Medical
    BioBDx
    BioCardia, Inc.
    BioCare Systems, Inc.
    BIOCOM
    Bioconnect Systems, Inc.
    BioDerm, Inc.
    BioFlorida
    BIOforward
    BioMedical Life Systems
    BioMedix
    Biomerix Corporation
    Biomet, Inc.
    BioOhio
    Bioscale
    BioSculpture Technology, Inc.
    Biotest Laboratories, Inc.
    Boston Healthcare Associates, Inc.
    Boston Scientific Corporation
    Breathe Technologies
    BTE Technologies, Inc.
    Busse Hospital Disposables
    C.R. Bard, Inc.
    Cabochon Aesthetics, Inc.
    Caldera Medical, Inc.
    Calibra Medical, Inc.
    California Healthcare Institute (CHI)
    Calypso Medical
    Canaan Partners
    Cannuflow Inc.
    Cantimer, Inc.
    Carbylan Biosurgery, Inc.
    Cardia Access
    Cardiac Dimensions, Inc.
    Cardiac Science
    CardiacAssist, Inc.
    Cardinal Detecto
    CardioMEMS, Inc.
    Cardiovascular Systems, Inc.
    CareFusion Corporation
    Carticept Medical, Inc.
    Catheter Connections
    CBSA
    CEA Technologies, Inc.
    Celleration
    Cellestis Inc.
    Checkpoint Surgical
    CHF Solutions, Inc.
    Christcot Medical Company
    Clarity Medical Systems, Inc.
    Coherex Medical
    COMPASS International Innovations
    Conceptus
    ConvaTec Inc.
    Cook Medical
    Corinthian Ophthalmic, Inc.
    Covalent Medical, Inc.
    Covidien
    Critical Diagnostics
    Crux Biomedical
    Curexo Technology Corporation
    Curo Medical, Inc.
    CVRx Inc.
    Cyberonics
    Cynosure
    Cytori Therapeutics, Inc.
    CytoSorbents Corporation
    D&D Medical, Inc.
    DataPhysics Research, Inc.
    DaVinci Biomedical Research Prod., Inc.
    De Novo Ventures
    Delcath Systems, Inc.
    Dental Trade Alliance (DTA)
    Design Mentor
    DFine, Inc.
    Digirad
    Direct Flow Medical
    Disposable Instrument Co., Inc.
    Domain Associates, L.L.C.
    Drexler Medical
    Dynatronics
    Echo Therapeutics
    EKOS Corporation
    Ellman International
    Emergent Medical Partners
    Emerson Consultants, Inc.
    Endo Pharmaceuticals
    Endo-Therapeutics, Inc.
    EndoChoice, Inc.
    EndoGastric Solutions
    eNeura Therapeutics
    Entellus Medical
    EnteroMedics, Inc.
    Erchonia Corp.
    Essex Woodlands
    eVent Medical
    Exactech
    Experien Group
    ExploraMed Development, LLC
    FAST Diagnostics
    FemCap Inc.
    Ferris Mfg. Corp.
    Flexuspine, Inc.
    Florida Medical Manufacturing Consortium
    ForSight Labs
    Fresenius Medical Care NA
    Fujirebio Diagnostics, Inc.
    Galil Medical
    Galt Medical
    Gambro
    Gen-Probe Incorporated
    GENICON
    GI Dynamics, Inc.
    Globus Medical
    GluMetrics
    Greatbatch Medical
    HALT Medical, Inc.
    Healthpoint Biotherapeutics
    HealthpointCapital
    HeartWare International, Inc.
    HEMERUS
    Hill-Rom
    Hotspur Technologies, Inc.
    Hull Associates
    ICAP Patent Brokerage
    ICONACY Orthopedic Implants, LLC
    IKARIA
    IlluminOss Medical, Inc.
    ImpediMed
    Impliant, Inc.
    ImThera Medical, Inc.
    Indiana Medical Device Manufacturers Council
    InfraScan, Inc.
    Innovative Surgical Designs, Inc.
    Innovent Medical Solutions, Ltd.
    Inogen
    inSite Medical Technologies
    Instratek, Inc.
    IntraPace
    IntriMed Technologies
    Intuity Medical, Inc
    iRhythm Technologies, Inc.
    Ivantis, Inc.
    J.H. Garver Consulting, LLC
    Jack Saladow & Associates
    Kalypto Medical
    KCI
    Kensey Nash Corporation
    Kimberly-Clark Health Care
    KRONUS, Inc.
    LAAx, Inc.
    LeukoDx Ltd.
    LFI Medical
    Life Core Technologies
    Lifecore Biomedical, LLC
    LifeScience Alley
    LifeWave
    Linde Healthcare
    LogicMark, LLC
    Lutonix, Inc.
    MacuCLEAR, Inc.
    Mardil Medical, Inc.
    Masimo
    Massachusetts Medical Device Industry Council
    Medafor, Inc.
    MedDx Capital Advisors
    Medical Device Consultants, Inc.
    Medical Device Manufacturers Association
    Medical Imaging & Technology Alliance
    Medicis Technologies Corporation
    Mediclever
    MediStim USA, Inc.
    Medrad
    Medrobiotics Corporation
    MedTech
    Mercury Medical
    Merit Medical Systems, Inc.
    MichBio
    MicroTransponder Inc.
    Midmark Corporation
    Minnetronix
    Mirador Biomedical
    Miramar Labs
    Moog Medical Devices
    Morgenthaler Ventures
    Morris Innovative
    Moximed
    MPM Capital
    MPR Product Development
    MyoScience
    National Association of Manufacturers (NAM)
    National Federation of Independent Business
    Naviscan, Inc.
    NDH Medical
    Nelson Laboratories, Inc.
    Neocure
    Neomend, Inc.
    NeoTract, Inc.
    Neovista Inc.
    Neuro Resource Group, Inc.
    Neuronetics, Inc.
    NeuroPace
    NeuroVista Corportation
    NeuroWave Systems Inc.
    Neuvomedica Ltd.
    New Enterprise Associates
    New Leaf Venture Partners
    NinePoint Medical
    Non-Invasive Medical Systems
    Norris Capital, Inc.
    North Carolina Biosciences Organization
    Nova Biomedical
    Novasys Medical
    NuOrtho Surgical, Inc.
    Nuvasive
    Nuvimedix LLC
    NVCA/MedIC
    NxStage Medical, Inc.
    O.E. Meyer Co.
    OMNIlife science, Inc.
    ONSET Ventures
    OptiMedica
    OptiScan Biomedical, Inc.
    Orchid Orthopedic Solutions
    Ortho Kinematics
    Orthodontic Manufacturers Association
    OrthoWorx
    OsteoMed
    Paracor Medical, Inc.
    Pathfinder Therapeutics, Inc.
    Pathway Medical Technologoes
    Patient Pocket, LLC
    Pennsylvania Bio
    Penumbra, Inc.
    PercSys
    Percutaneous Systems
    Phillips Consulting Group, LLC
    PhotoMed Technologies, Inc.
    Pivot Medical Inc.
    Plasma Technologies, Inc.
    Plexus Corp.
    Portaero
    Preceptis
    Prism VentureWorks
    Prizm Medical, Inc.
    Prospect Venture Partners
    Proteus Bimedical, Inc.
    PuriCore
    QualPro Consulting
    Quasar Bio-Tech Inc.
    Regulatory & Quality Solutions LLC
    Reichert Technologies
    Reimbursement Strategies, LLC
    Relievant Medsystems, Inc.
    Respicardia, Inc.
    Respiratory Research, Inc.
    ReVent Medical, Inc.
    ReVision Optics
    Rhythmlink International, LLC
    RITM America
    RODO Medical, Inc.
    ROX Medical
    SandBox Medical LLC
    SDRS LLC
    Sensable
    Sequent Medical Inc.
    SightLine Partners
    SIGNUS Medical, LLC
    Silere Medical Technology, Inc
    Sirtex Medical Inc
    Skyline Ventures
    Small Bone Innovations, Inc.
    Smith and Nephew, Inc.
    Smiths Medical
    Soteira, Inc.
    Sotera Wireless
    Southeastern Medical Device Association
    Spherlngenics, Inc.
    Spinal Kinetics
    SpinalMotion, Inc.
    Spine Wave, Inc.
    SpineAlign Medical, Inc.
    Spineology Inc.
    Spiracur Inc.
    Spiration, Inc.
    Split Rock Partners
    St. Jude Medical
    STD Med, Inc.
    Stout Medical Group
    Strada Consulting
    Streamline, Inc.
    Stryker
    Sunshine Heart
    SunShine Medical LLC
    superDimension, Ltd.
    SurgeOptix
    SuturePro Technologies
    Svelte Medical Systems, Inc.
    Swan Valley Medical, Incorporated
    Synapse Biomedical, Inc.
    Synecor, LLC
    Synergy Life Science Partners
    Sysdyne Corporation
    Tactile Systems Technology, Inc.
    Tarsus Medical Inc.
    TearScience, Inc.
    Tenaxis Medical, Inc.
    The Eclipse Group
    The Foundry
    The Innovation Factory
    The Vertical Group
    TheraTogs, Inc.
    ThermoGenesis Corp.
    Therox
    THI, Inc.
    Thoratec Corporation
    Three Arch Partners
    Doc 2011-15598 (26 pgs)
    ThreeWire
    TIDI Products
    TranS1, Inc.
    Transcend Medical
    TransEnterix, Inc.
    Transonic Systems, Inc.
    TriVascular, Inc.
    Twin Star Medical
    TYRX, Inc.
    U.S. Chamber of Commerce
    UltiMed, Inc.
    Unilife medical solutions
    Urologix, Inc
    Uromedica, Inc.
    Uroplasty, Inc.
    Urovalve, Inc.
    USGI Medical, Inc.
    USHIFU, LLC
    Utah Technology Council
    Valeritas, Inc.
    Valley Ventures
    ValveXchange, Inc.
    Vascular Solutions, Inc.
    Vector Resources
    Velico Medical, Inc.
    Velomedix, Inc.
    Ventus Medical, Inc.
    Veracyte
    Versant Ventures
    Vibrynt, Inc.
    VIDA Diagnostics
    Virginia Biotechnology Association
    VirtualScopics, Inc.
    Viscogliosi Bros., LLC
    VisionCare Ophthalmic Technologies
    Vital Therapies, Inc.
    Vital/Med Systems Corporation
    Vitalcor, Inc.
    Volcano Corp.
    Washington Biotechnology & Biomedical Association
    Waters Corporation
    Wescor
    White Pine Medical, Inc.
    Wilson Sonsini Goodrich & Rosati
    Zilico Limited
    Zimmer, Inc.
    ZOLL
    Zynex Medical, Inc.
  • Code Sections
  • Subject Area/Tax Topics
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 2011-15598
  • Tax Analysts Electronic Citation
    2011 TNT 138-36
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