GE Healthcare among leaders in Q1 medical device political lobbying

The medical device industry spent more than $20 million on political lobbying in the first quarter of this year.

According to filings made to the Lobbying Disclosure Act Database during the first quarter ended March 31, industry giants and small fries spent amounts ranging from $8.6 million (General Electric Co. (NYSE:GE) and all of its subsidiaries, including GE Healthcare) to $10,000 (health information technology provider ZirMed Inc.)

GE and its subsidiaries spent almost 23 percent more than their last quarter’s total of nearly $7 million on lobbying. The next biggest spender was Abbott (NYSE:ABT), whose $1.47 million pales in comparison.

The next on the list are Medtronic Inc. (NYSE:MDT) with $1.3 million, Davita Inc.(NYSE:DVA)with $970,000, and 3M Co. (NYSE:MMM) with $910,000. Boston Scientific (NYSE:BSX) continued its trend of under-spending its peers with only $400,000.

G2G Consulting
Advertisement

Here’s a partial list of the medical device industry’s fourth-quarter lobbying spend, including a $416,759 contribution from industry advocate AdvaMed:

COMPANYAMOUNT
3M Co.$910,000.00
Abbott$1,470,000.00
Accuray$70,000.00
AdvaMed$416,759.00
Allergan$300,000.00
Arteriocyte Inc$10,000.00
Baxter Healthcare$510,000.00
Becton, Dickinson$210,000.00
Bioject Medical Technologies$30,000.00
Biomet Inc.$130,000.00
Boston Scientific$400,000.00
C.R. Bard$30,000.00
Calypso Medical Technologies$60,000.00
Cepheid$40,000.00
Cochlear Corp$20,000.00
Cook Group$100,000.00
Council for American Medical Innovation$180,000.00
Covidien$470,000.00
CyberKnife Coalition (Accuray)$10,000.00
Cyberonics$25,000.00
Davita Inc.$970,000.00
DJO Inc.$60,000.00
Edwards Lifesciences$320,000.00
eHealth Global Technologies$350,000.00
GE (including subsidiaries)$8,590,000.00
GE Healthcare$20,000.00
Henry Schein Inc.$110,000.00
Hill Rom Co$50,000.00
Hill-Rom Holdings$70,000.00
Hologic$60,000.00
Hospira$190,000.00
Intuitive Surgical$155,000.00
Invacare$310,000.00
Johnson & Johnson$175,500.00
Kinetic Concepts$95,000.00
Life Technologies Corp.$250,000.00
Mass. Biotechnology Council$10,000.00
Medical Device Competitiveness Coalition$50,000.00
Medical Device Manufacturers Assn.$90,000.00
Medtronic$1,297,085.00
Mela Sciences Inc.$120,000.00
Mentor Corp$60,000.00
NxStage Medical$40,500.00
PatientSafe Solutions$30,000.00
Quest Diagnostics$190,000.00
Riverain Medical$30,000.00
Smith & Nephew$30,000.00
SonoSite Inc$160,000.00
St. Jude$110,000.00
Steris$110,000.00
Stryker Corp.$30,000.00
Tethys Bioscience$30,000.00
Varian$180,000.00
Welch Allyn$110,000.00
Zimmer$202,000.00
Z-Medica$60,000.00
TOTAL$20,106,844.00

[Photo courtesy of Wikipedia Commons]

MassDevice Staff

MassDevice Staff

The Massachusetts Medical Devices Journal is the online journal of the medical devices industry in the Commonwealth and New England, providing day-to-day coverage of the devices that save lives, the people behind them, and the burgeoning trends and developments within the industry.

about | more

Comments RSS Post a comment

No comments yet.

Post a Comment

Submit Comment

Be a Thought Leader: Join MedCitizens

Anyone can blog on MedCity News when they become a "MedCitizen." MedCitizens publish their own thoughts about current medical news and the latest issues in healthcare to the entire MedCity News audience.

Click to login or learn more

MedCity Jobs Board


MedCity Whitepapers

Real Time Web Analytics