Alliance Issues Statement on the Protect Medical Innovation Act of 2017

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The Alliance’s President and CEO Susan Peschin, MHS, has issued the following statement regarding the introduction of the Protect Medical Innovation Act of 2017 in the U.S. House of Representatives:

“The Alliance for Aging Research applauds Reps. Erik Paulsen (R-MN) and Ron Kind (D-WI) for their bipartisan leadership in introducing the Protect Medical Innovation Act of 2017 to permanently repeal the medical device excise tax. The Alliance supports policies that advance medical research and innovation and address the needs of aging patients. For this reason, we are unwavering in our support of efforts to repeal the medical device tax. We believe the tax will drain critical resources away from research and development of new medical devices to improve detection and treatment of age-related diseases and conditions, which will in turn slow down progress in quality of life for the aging population. The unmet health challenges of older adults are an enormous financial and human burden. More resources—not less—are needed to address these challenges.”