Ohio’s medical device makers are still trying to figure out what the new 2.3 percent sales tax on their products–compliments of health care reform–will mean for them. The tax on sales by “manufacturers, producers or importers” (pdf) of medical devices comes due in 2013 instead of 2011, as was originally proposed, so companies have almost […]
The clearance designations are "a big deal" to the company because they could help it double sales in the next two years, said Chief Executive Bob Schmidt.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Supporters say changing Small Business Innovation Research rules to give venture capitalists (and their companies) access to more government funds will accelerate a national economic resurgence. Plus, they point out that many venture companies are small operations far from the perception of a nine-figure equity fund. But other small businesses, include life-science companies, see the changes as a potential death knell to small business funding and the spirit of innovation.
Manufacturers looking to branch out into the biomedical industry will be able to get some tips from people whose businesses already participate in that market. Ohio is second in the Midwest for companies registered with the Food and Drug Administration for medical manufacturing.