Category Archives: Life Sciences Industry News

SALT LAKE CITY–(BUSINESS WIRE)–BioUtah applauds congressional action to permanently repeal the 2.3% excise tax on the sale of medical devices, first enacted as part of the Affordable Care Act in 2010. Earlier in the week, the U.S. House of Representatives voted to repeal the tax as part of a $1.4 trillion FY 2020 government spending […]

After nearly a decade-long fight, and disruptive, short-term reprieves, Congress has finally permanently repealed the medical device tax. On Tuesday. BioUtah alerted our life sciences community about a vote in the House to end the tax as part of a larger FY 2020 spending bill (repeal provision is on page 585). Yesterday, the Senate cleared […]

Yesterday, top congressional leaders and the White House unveiled a $1.4 trillion FY 2020 government spending agreement that will fully repeal the 2.3% medical device tax, first enacted as part the Affordable Care Act in 2010. “This is a big win for Utah’s medical device industry and most importantly, a big win for patients whose […]

POLICY UPDATE – DRUG PRICING Concerns Expressed by Investors, Small Companies  House Speaker Nancy Pelosi’s drug pricing measure, H.R. 3 , the Elijah E. Cummings Lower Drug Prices Now Act, is coming under increasing scrutiny as concerns grow about the bill’s negative impact on innovation and future investment in smaller, emerging drug discovery companies. Yesterday, […]

Speaker Pelosi’s drug bill, H.R. 3, now named the Elijah E. Cummings Lower Drug Costs Now Act, after the longtime congressman who died last week, heads to the floor for a vote after being considered by three House Committees – the Energy and Commerce, Labor and Education and, Ways and Means Committees. A full House […]

(Orem, UT) October 2, 2019_Turner Imaging Systems, a developer of advanced x-ray imaging systems, today announced the Company has received FDA 510(k) clearance for its Smart-C Mini-C Arm Portable Fluoroscopy and X-Ray Imaging Device.  What makes this device unique is its true mobility and portability. The patent-pending Smart-C weighs only 16 pounds so that it […]

The recent launch of a House impeachment inquiry is likely to throw a wrench into efforts to reach a deal in Congress on drug pricing legislation before the end of the year. Meanwhile, President Trump is pushing his own drug pricing proposals through regulation and executive order, including tying drug prices to an international price […]