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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