Why Is the United States Upset Over the Device Levy?

January 27, 2012 – 10:55 am

Nick Woods, Director of Hill Woods Medical Media Ltd, has written an editorial for MD+DI. In it, Woods explains that US manufacturers aren’t really arguing the right way to get the device tax repealed.

“The only problem is, chaps, that the legislature is either not listening or it doesn’t believe you. Lobby all you like, but the belief that you’ll get through it with typical American guts and ingenuity will prevail.”

And even if American guts and ingenuity don’t work, he says, getting medical device companies on the market in the United States is still more lucrative than it is in the United Kingdom.

In the United States, we tend to get a little insular. It’s sort of refreshing to get some perspective from the dudes across the pond. (And I’m only calling them dudes because Nick Woods called us chaps. Quid pro quo, Nick)

Heather Thompson

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  1. One Response to “Why Is the United States Upset Over the Device Levy?”

  2. Interestingly, Covidien CFO Charles Dockendorff is not outraged about the device tax, either. In a conference call with investors, he said: “We get [price] increases in raw materials or currency that are far greater than [the medical device tax] all the time. So it’s just another business issue that we will deal with in 2013,” reports MassDevice.

    By Norbert Sparrow, Editor, EMDT on Jan 27, 2012

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