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Medical Devices

Tax could ensnare medical-device industry

Biomedical leaders hope they'll be able to find bipartisan support to stall or repeal a 2.3% excise tax on all medical devices sold in the U.S. before it comes back online on Jan. 1, 2018.

Coming soon to a strip mall near you: An MRI provider

Coming soon to a strip mall near you: An MRI provider

More and more medical procedures are moving to the strip mall, thanks to high-deductible insurance plans that are turning patients into penny-pinchers. Hospital systems like Edward-Elmhurst Health are reacting, hedging their bets on what have been lucrative captive practices.

Senate passes FDA user fee reauthorization

Senate passes FDA user fee reauthorization

The bill, which now awaits the president's approval, has received broad support from medical device and pharmaceutical groups as a means to add more certainty and efficiency to the product review process.

Cardinal Health profit declines as generic drug prices deflate

The Dublin, Ohio-based pharmaceutical and medical products distributor saw its pharmaceutical segment profit drop 7% to $505 million as companies along the pharmaceutical supply chain have taken a financial hit resulting from the increasing scrutiny surrounding surging drug prices.

House passes bipartisan FDA user fee bill

House passes bipartisan FDA user fee bill

The House of Representatives passed bipartisan legislation Wednesday that reauthorizes the FDA's ability to collect user fees from drug and device makers, as policymakers look to avoid thousands of layoffs if the current agreement expires.

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