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Zimmer: We're not pushing the device tax down the line

Tue, 01/08/2013 - 1:45pm
Mass Device

Orthopedic giant Zimmer Holdings won't push the cost of the medical device tax down the line to its distributors, according to CEO David Dvorak.

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Medical device company Zimmer Holdings (NYSE:ZMH) is well-prepared to weather the burden of the new medical device tax, chairman & CEO David Dvorak told an audience at the J.P. Morgan healthcare conference in San Francisco today.

The company has spent many years streamlining its operations and looking for ways to cut costs in order to prepare for the tax, which took effect Jan. 1.

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