Rick Scott: Federal Health Care Law ‘Horrible’ for Medical Device Company Adding Jobs
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A Sunrise-based company that makes medical stents will be adding up to 60 new positions over the next two years now that they can be sold in the U.S.
But any savings from state and local incentives could be offset under the new federal health care law that imposes a tax on the sale of medical devices, according to the Sun-Sentinel.
"The tax is going to be horrible for these companies, for these jobs, but also horrible for patients," Gov. Rick Scott, a former health-care executive, told the Sun-Sentinel during the jobs announcement on Tuesday for Bolton Medical.
Still, Scott was more optimistic about what the company plans for its own growth beyond the existing 100 workers.
“Each job created or retained by Bolton Medical Solutions is another paycheck for another Florida family,” Scott stated in a release after the jobs were announced.
“We are proud of the work that Bolton Medical is doing here in Sunrise, both for the patients whose lives depend on their devices and the employees who work there. Creating an environment that encourages job growth and business development is one of my priorities as governor. While we are not done, this is another step in the right direction.”
The southeastern Broward County company is a subsidiary of Barcelona, Spain-based The Werfen Group.
Bolton has already been selling its Relay Thoracic Stent-Graft, considered a minimally invasive treatment for thoracic aortic aneurysms, in Europe, China and parts of South America, and recently received FDA approval to market the product in the U.S.
Bolton Medical CEO and general manager, Oscar Rospigliosi, told the Sun-Sentinel the FDA decision in September was “a change in the game."
Sunrise has offered $30,000, while the company may be eligible for up to $90,000 in tax-refund incentives, for reaching the job projections.
Reach Jim Turner at email@example.com or at (772) 215-9889.