Replies to post #104124 on Biotech Values

[DewDiligence]

MDT cuts 2011 forecast and 2,000 jobs:

http://finance.yahoo.com/news/Medtronic-trims-2011-view-to-rb-956151014.html?x=0&.v=1

It may get worse before it gets better. In 2013 (if ObamaCare has not been repealed), US medical-device companies will have to pay an excise tax based on market share.