Executives from medical-device startups have formed an advocacy group called Entrepreneurs for the Advancement of Medical Innovation that intends to oppose a provision in the recently passed Senate bill that would have device firms pay $40 billion in taxes over a decade. "For small startups, it hits them at an extremely fragile stage -- when they're just beginning earnings," said Dr. James E. Muller, founder of InfraReDx and a member of EAMI.

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