Leaders of Pennsylvania’s medical and life-sciences communities, Congressman Charlie Dent and other members of the 114th Congress will rally in Philadelphia on Tuesday, February 10, 2015 to repeal a 2.3% tax on the sale of medical devices.
As we recently reported, lawmakers in the House and Senate in January proposed legislation to repeal the tax, which was implemented to partially fund the Patient Protection and Affordable Care Act. Manufacturers of medical devices must pay a2.3% excise tax on sales of medical products, including hardware used in joint replacements and cardiology products such as pacemakers. The tax could prove especially burdensome to startup and emerging medical device companies.
The rally will occur on Tuesday, February 10, 2015 from 9:45 AM – 11:30 AM. It will be held at The Innovation Center, 3401 Market Street, Philadelphia, Pennsylvania 19104.