Friday, October 02, 2009

MassMEDIC's Annual Investor Conference Today



What I learned at the MassMedic Annual Investment Conference today:

(1) There were very few investors there.

(2) The Baucus healthcare bill's proposed tax on the medical device industry is ~10% of the aggregate industry profits.

(3) Industry people are getting fed up with the unpredictable and extreme-risk aversion of the FDA's regulatory process.

(4) A disposable robot for MRI guided surgery can be manufactured for $75.

(5) U Mass Boston's campus is a great location for a conference.

(6) MassMedic must be hurting, lunch was a brown bag lunch with a sandwich and tiny cup of pasta - not even chips! I expect this from science and technology conferences, not investor conferences.

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