September medtech financing of $249 million bring YTD total to $2.82 billion

Medtech financings year to date (through September 2010) now stand at $2.82 billion, about 17% ahead of financings by this date in 2009.

September 2010 financing came in at a modest $249 million, leaving the year’s highest financing month as July, which came in at $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

Month Financings

($millions)

Detail
January $514 link
February $160 link
March $241 link
April $125 link
May $432 link
June $312 link
July $518 link
August $267 link
September $249 link

Compiled by MedMarket Diligence, LLC

Source: MedMarket Diligence, LLC