Group overview

Medtech Industry Group


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A discussion group open to companies involved in all parts of the advanced medical technology industry, from those serving mainline therapeutic categories such as orthopedics and cardiovascular, through diagnostics, imaging and eHealth to those involved in platform technologies such as biomaterials and regenerative medicine. The forum is also open to companies serving the industry, such as manufacturers, law firms, CROs and distributors.

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Why 2014 is a Great Year for Medtechs


 
  • Mike Madarasz

    Is this the year of the medtech? We’ll have to wait for the next few months to play out, but evidence suggests that 2014 may be on its way to that distinction. Medical Device Business recently outlined three reasons to believe that this year has in fact been a great one for medtechs.

    M&A activity has been very strong. Through the first half of the year, the total value of M&As stood at about USD 27.2 billion compared to only USD 19 billion for all of 2013. That trend continued with megadeals agreed upon between Medtronic and Covidien, and between Zimmer and Biomet.

    VC money is still tricky but there are exceptions. It continues to be a challenge to pry money from the hands of venture capitalists but that doesn’t mean there haven’t been successes. The most notable: Proteus Digital Health who raised separate rounds of USD 120 million and USD 50 million earlier in the year.

    FDA moves faster than a speeding bullet. Well, that may be a bit of an exaggeration but approvals are coming at a faster clip through the first half of this year. For the first six months of 2014, 17 PMAs were approved compared to only nine during that same period the year before.

    Should we expect the same to continue for the rest of the year?

    You can find the Medical Device Business article here- http://bit.ly/1rIYld0

    Sep 15, 2014 by Mike Madarasz