The 2.3% medical device tax has not discouraged funders from investing in the sector, but they are handling the tax "very carefully" and looking to hire accountants and lawyers to better manage it, industry legal expert Kristian Werling said. "I think it's going to be a new thing that is always on investors' due diligence checklists," which could mean that funding deals in this sector might take longer to complete, he said.

Related Summaries