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Health Works Collective > Business > Investment in Medtech Continues Upward Trend
Business

Investment in Medtech Continues Upward Trend

PatrickDriscoll
Last updated: June 28, 2011 4:49 am
PatrickDriscoll
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Financings for medical technology during the month of June 2011 have passed $400 million, continuing a trend of above average monthly investment. Year-to-date financing for January to June 2011 is 41% higher than the same period in 2010.

The top financings include:

Financings for medical technology during the month of June 2011 have passed $400 million, continuing a trend of above average monthly investment. Year-to-date financing for January to June 2011 is 41% higher than the same period in 2010.

The top financings include:

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  • Moximed, Inc., has raised $43.3 million (shock-absorbing knee joint)
  • Miramar Labs, Inc., has raised $35.8 million (microwave technology to treat axillary hyperhidrosis)
  • Spinal Modulation, Inc., has raised $30 million (spinal cord stimulator for treatment of chronic pain)

For the individual financings that have contributed to this total, see link.  

     

TAGGED:healthcare businessmedtech
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By PatrickDriscoll
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I serve the interests of medical technology company decision-makers, venture-capitalists, and others with interests in medtech producing worldwide analyses of medical technology markets for my audience of mostly medical technology companies (but also rapidly growing audience of biotech, VC, and other healthcare decision-makers). I have a small staff and go to my industry insiders (or find new ones as needed) to produce detailed, reality-grounded analyses of current and potential markets and opportunities. I am principally interested in those core clinical applications served by medical devices, which are expanding to include biomaterials, drug-device hybrids and other non-device technologies either competing head-on with devices or being integrated with devices in product development. The effort and pain of making every analysis global in scope is rewarded by my audience's loyalty, since in the vast majority of cases they too have global scope in their businesses.Specialties: Business analysis through syndicated reports, and select custom engagements, on medical technology applications and markets in general/abdominal/thoracic surgery, interventional cardiology, cardiothoracic surgery, patient monitoring/management, wound management, cell therapy, tissue engineering, gene therapy, nanotechnology, and others.

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