trump

Market Paints Medical Devices w/ the Pharma Brush on Trump

The height of knee jerk stupidity.  Trump mentions Pharma and the need to bring down the hammer on it and the market sells off anything Healthcare related.  Get this; Medical Devices… [man it’s hard to think and type straight with Trump in my ear]… are not subject to the same dynamics.  The pricing pressure in the Med Dev industry – especially as relates to Medicare – is completely different.  In my experience, we were always under pricing pressure.  Devices are not drugs, folks.

So Medical Devices will benefit from 21st Century Cures (as will Pharma) but is not going to be under the gun from the Trump admin.  Support for IHI is 134 (+/-).

ihi

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