Medtech financings push past $260 million in June 2009

With late June financings by CoAxia ($21.5M), i-Therapeutix ($15M) and SynCardia Systems ($10.3M), total financings for medtech in the month of June have now passed $260 million.

syncardia  i-therapeutix  coaxia

Despite the lingering uncertainty in both the economy and the political sphere regarding healthcare reform legislation, and the accumulation of uninvested funds at VC firms, business goes on in medtech and companies such as SynCardia (artificial heart), i-Therapeutics (hydrogel-based eye bandages) and CoAxia (acute ischemic stroke treatment) and others who have secured funding this month.

We will post the complete list of June fnancings by the end of the month.

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