US Medtechs Won't Rest On Laurels After Excise Tax Victory

In the polarized environment of Washington DC, the US medtech industry was becoming increasingly concerned as 2017 turned to 2018 that the medical device sales tax would be reinstated after a two-year suspension. AdvaMed chairman Nadim Yared tells In Vivo about the efforts and lobbying that got Congressmen onside just in time – but the battle doesn’t stop there.

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Nadim Yared

The US industry's despair over the medical device sales tax, which for all the world looked destined to be reinstated as of January 2018, turned to relief as last-ditch efforts by US manufacturers finally hit home in Congress in mid-month. Industry's success was largely down to lobbying initiatives inspired by senior officials at AdvaMed, but as that body's chairman Nadim Yared told In Vivo, lessons will be learned to ensure an 11th hour rescue mission is not necessary again in two years' time.

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