Randy Kirk

Medical Device Makers Well Positioned for Gains

Question: if the US elects a democratic presidential candidate who pushes through some sort of universal health care system -- with a provision for spending limits by hospitals and doctors -- won't this negatively impact the entire health care sector -- medical devices, pharmaceuticals and biotech? It is difficult for any medical firm to make a decent return in, for example, France (which has universal health care). But perhaps the stocks have already priced in this risk.