With lawmakers bearing down on drug and device companies over prices, the industry can’t afford to lose any friends on Capitol Hill. And when it comes to medical devices, the industry might not have a better friend than Minnesota Congressman Erik Paulsen.
Paulsen, a four-term Republican, has long been device makers’ “go-to guy” in Washington, helping secure a two-year delay of the Affordable Care Act’s tax on medical devices and pursuing reforms that could help the industry.
But this year, Donald Trump is threatening to drag Paulsen down. So device makers are stepping in and pouring money into his campaign to save him.