31 Mar '14, 12pm

2013: a Tough Year for MedTech? | EE Times

Although several big medtech firms fared well last year, few would argue against the opinion that 2013 was not a great year to be in the business of medical technology. But how bad was it, really? EP Vantage recently published a report, “Medtech 2013 in Review ,” that says things were pretty bad, especially for early-stage firms. “With less money coming in,” the report explains, “large firms are avoiding risky acquisitions of early-stage companies. Venture capitalists are following suit, with most awarding investments cautiously to companies with approved products.” Mergers and acquisitions, the report says, were down only 16% in number from 2012, but the total value of those acquisitions totaled $19.3 billion, which was less than half the amount spent in 2012. While EP Vantage reports that device makers raised just over $3.6 billion in venture capital investments in 2013,...

Full article: http://www.eetimes.com/document.asp?doc_id=1321675&piddl_...

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