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UK says will not introduce levy on tobacco manufacturers and importers

The British government said on Wednesday it would not introduce a levy on tobacco manufacturers and importers as a consultation had shown the cost would simply be passed on to consumers. Last December, the government said it was considering introducing a levy, which would have been based on market share, and launched a consultation to gather views on the idea. “Analysis of the responses shows that the impact of a

UK says will not introduce levy on tobacco manufacturers and importers

The British government said on Wednesday it would not introduce a levy on tobacco manufacturers and importers as a consultation had shown the cost would simply be passed on to consumers. Last December, the government said it was considering introducing a levy, which would have been based on market share, and launched a consultation to gather views on the idea. “Analysis of the responses shows that the impact of a

Medical device makers beef up product guarantees to woo U.S. hospitals

By Susan Kelly CHICAGO (Reuters) – Medical device makers, facing sluggish sales and increasing pressure to prove the value of their products, are beefing up guarantees to compensate U.S. hospitals if a device does not perform as expected. Medtronic Plc, Johnson & Johnson and St Jude Medical Inc are among the first to provide the newer guarantees, some of which offer to share in the cost of follow-up treatment tied

Medical device makers beef up product guarantees to woo U.S. hospitals

By Susan Kelly CHICAGO (Reuters) – Medical device makers, facing sluggish sales and increasing pressure to prove the value of their products, are beefing up guarantees to compensate U.S. hospitals if a device does not perform as expected. Medtronic Plc, Johnson & Johnson and St Jude Medical Inc are among the first to provide the newer guarantees, some of which offer to share in the cost of follow-up treatment tied