Toomey targets device tax in Senate bid

The medical device tax has entered the PA Senate race between Republican candidate Pat Toomey and Democrat Joe Sestak. Toomey has charged that the Obama administration's healthcare bill poses a threat to high-tech medical manufacturers through its imposition of a 2.3 percent tax on medical device sales. "These companies work day in and day out to develop life-saving technology that increases the quality of life for millions of Americans," Toomey said at a recent campaign stop in Pittsburgh. "But once again, Joe Sestak falls back on his liberal instincts and votes for billions in higher taxes." Report | News

Suggested Articles

Boehringer Ingelheim tapped Healx to help identify new drug indications and leverage its AI to explore R&D options in neurological diseases.

CMR Surgical will have a new CEO at the top of the year, as it kicks off the global launch of its modular Versius system while awaiting FDA approval.

The ADDF announced its second round of research awards, with a total of $6 million in new funding for diagnostic tests.