Why Are Investors Running Away From Medical Devices?
Sabin Russell wrote a great piece in Health Affairs recently, on the drought in investment to develop new medical devices. Read it if you have access. If you don’t, here are some of her main points.
1. Venture capital for device manufacturers has been drying up for a while: “‘For five years, this industry has been in a world of hurt,’ says longtime venture capital investor Jonathan Fleming.”
1. Venture capital for device manufacturers has been drying up for a while: “‘For five years, this industry has been in a world of hurt,’ says longtime venture capital investor Jonathan Fleming.”