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Home » Tax Will Drive Device Makers Overseas, AdvaMed Predicts
Tax Will Drive Device Makers Overseas, AdvaMed Predicts
September 9, 2011
Devicemakers may flee overseas if the U.S. implements a recently enacted tax on prescription devices, AdvaMed says. The nation could lose thousands of device industry jobs and see demand shrink for products whose cost rises as a result of the excise tax, according to a report the trade group released Wednesday.