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Countdown to New Medical Device Tax

01/7/2013
Defective Medical Devices
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January first marks a new chapter for medical device manufacturers, who will be required to pay an excise tax of 2.3 percent on total revenues. Medical devices range from small stents and CT scans to pacemakers, defibrillators, metal hips and synthetic surgical mesh. The $125-billion-a-year industry complains it will be […]

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Doctors Warned of Fake Botox

01/3/2013
Mass Tort News
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This news is putting a scare into the pharmaceutical cosmetics industry. The U.S. Food and Drug Administration (FDA) has written a warning letter to more than 350 medical practices about a bogus Botox that may have come from a foreign source distributed through Canada. The product may be contaminated, counterfeit, […]

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High Risk Devices Still Not Reclassified

12/13/2012
Articles
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By the end of the year, the U.S. Food and Drug Administration (FDA) had stated it would make sure that high-risk medical devices were approved through the most stringent premarket approval (PMA) review process to assure the safety of consumers. But it looks as though that will not happen. High-risk […]

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Posted By: Samantha Saundry