Over $5 Billion in Medical Technology Financing in 2011

December 31, 2011
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Financings in medical technology reached $451 million in December, bringing the total financings in medtech to over $5.2 billion for 2011.  This is more than a 42% increase over the total for 2010, reflecting growing confidence in the future prospects for medtech:

Financings in medical technology reached $451 million in December, bringing the total financings in medtech to over $5.2 billion for 2011.  This is more than a 42% increase over the total for 2010, reflecting growing confidence in the future prospects for medtech:

Source: MedMarket Diligence, LLC

 

Noteworthy financings during the month of December include the following:

  • HeartFlow, Inc. ($65M) — cardiovascular diagnostics based on computed tomography measurement of functional flow reserve
  • AcuFocus, Inc. ($42M) — corneal inlay implant for vision correction
  • Tissue Regenix Group plc ($39M)  – tissue decellularization to reduce immunogenicity of tissue transplants
  • Uptake Medical Corp. ($35M) — endoscopic lung volume reduction
  • Ember Therapeutics ($34M) – treatments of metabolic orders (e.g., diabetes) and obesity
  • Hansen Medical, Inc. ($30M) — catheter robotics technologies

The complete list of medtech financings for the month of December 2011 is shown at link

For the month-by-month totals of medtech financing in 2010 and 2011, with links to lists of companies financed, see our prior post.