The aggregate amount of medtech investment, after taking a hit early this year from a pull back by venture capital, is now on the rise, with two months each of $400+ million investment.
Investments and other financings over the first eight months of 2009 in medical device technologies as well as those that are complementary or directly compete with device technologies have demonstrated increases since a low point in May 2009. Investment in September 2009 can be expected to also be in the $400+ million range. The month-by-month financing aggregate is shown graphically below.
Source: Compiled by MedMarket Diligence, LLC