Medical technology funding only modest so far in March

Medical technology financings for month of March 2010 to date stand at $182 million, not the scorching pace of investment that characterized January's $514 million, but certainly ahead of February investment that totaled a mere $160 million.  With ten days left in the month, investment will certainly fall into a reasonable middle ground between the two.

The noteworthy big fundings that have thus far taken place in March include:

  • TransMedics, Inc.'s $36 million for its donor organ support system
  • Cheetah Medical, Inc.'s $20 million for its non-invasive hemodynamic monitoring.
  • Carticept Medical, inc.'s $20 million for its synthetic cartilage implant
  • Spinal Restoration, Inc.'s  $20 million for its non-surgical system for treatment of chronic back pain

A complete list of the financings in medtech that we have identified in March thus far is shown here.

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