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House Vote to Repeal Medical Device Tax “a Huge Win” for American Patients
WASHINGTON, D.C. – The Advanced Medical Technology Association (AdvaMed) issued the following statement from President and CEO Scott Whitaker on the U.S. House of Representatives’ vote to repeal the medical device excise tax:
“The House vote to repeal the device tax is a huge win for American patients. Without this burdensome tax, the U.S. medtech industry – the world leader in medical innovation – can focus now on developing the next generation of treatments and cures for patients in need, and creating good-paying, high-tech jobs in communities across the country.
"We thank House Speaker Nancy Pelosi and House Minority Leader Kevin McCarthy, as well as the 256 cosponsors of the device tax repeal legislation, for their determination and hard work to end this onerous tax.
“We look forward to the Senate’s vote and are confident it will send this important legislation on to the president for his signature.”
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AdvaMed member companies produce the medical devices, diagnostic products and health information systems that are transforming health care through earlier disease detection, less invasive procedures and more effective treatments. AdvaMed members range from the largest to the smallest medical technology innovators and companies. For more information, visit www.advamed.org.