Analyst upgrades Boston Scientific and Zimmer, lifts estimates on peers citing decreased risk
Sector Snap: UBS upbeat on medical tech stocks Health bill hits insurers, drugs, medical devices as Dems search for votes, money to pass plan more images Johnson & Johnson: Senate health plan’s proposed tax on medical device makers could cost jobsTRENTON, N.J. — Johnson & Johnson executives said Tuesday a proposed tax on medical device makers, part of the health care reform package moving in the Senate, is too high and could cost jobs in the industry. AP Enterprise: United States has no reliable system to track defective medical implantsNEW YORK — Three years ago, the maker of a surgical clip called the Hem-o-lok issued an urgent recall notice warning doctors to stop using the fasteners on living kidney donors. It said the clips could dislodge in their bodies, with “serious, even life-threatening consequences.” Institute of Medicine will review FDA’s system for clearing low-risk medical devicesWASHINGTON — The Food and Drug Administration is asking the government’s top medical advisers to review its system for approving certain types of medical devices, which has been criticized by safety advocates and government watchdogs. Senator backs off from tax on contact lenses, tampons; power wheelchairs still get hitWASHINGTON — They were calling it the tax on Q-tips. Amid Republican ridicule, a Democratic chairman backed down Tuesday and exempted consumer items of $100 or less — from condoms to contact lenses — from a proposed tax on medical device manufacturers. It would help pay for health care coverage for the uninsured in comprehensive legislation. |
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