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. Â 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