Medtech financings year to date (through August 2010) now stand at $2.57 billion, about 17% ahead of financings by this date in 2009.
August 2010 financing came in at a modest $267 million, following the year-high month of July which had financings of $518 million.
If the remainder of 2010 follows a typical course, total medtech financings will hit just shy of $4 billion, compared to a total $3.2 billion in 2009. However, variability (and uncertainty) in the market (healthcare and the general economy) is considerable, so predictions are a somewhat academic exercise.
2010 Medtech Financings by Month
Compiled by MedMarket Diligence, LLC
Source: MedMarket Diligence, LLC