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

MonthFinancings

($millions)

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

Compiled by MedMarket Diligence, LLC

Source: MedMarket Diligence, LLC

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