Medical Device VC Deals Rise 9 Percent In Q2

Venture capital investment in the medical device & equipment industry rose 9.1 percent during the second quarter, even though there were nearly 17 percent fewer deals than during Q2 2010, according to a PricewaterhouseCoopers report. The consulting firm’s MoneyTree looks at venture capital investment along a variety of parameters and industries. VCs dropped $841.0 million on the med-tech sector during the three months ended March 31, compared with $771.0 million during the same period last year.

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