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BioWorld - Monday, February 2, 2026
Home » Medtronic could incur net costs of up to $175M from device tax
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Medtronic could incur net costs of up to $175M from device tax

Feb. 23, 2012
By Omar Ford
During a conference call on Tuesday, Medtronic (Minneapolis) executives revealed that the upcoming medical device tax could have a net impact of about $175 million per calendar year for the company. The med-tech giant said for its 2013 fiscal year, which finishes up at the end of April 2013, the cost would be about $40 million to $60 million.
Medical technology

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