Companies get creative as venture investment in medical devices stalls

Published Mon, Feb 15, 2016 · 09:50 PM

Washington

TODAY'S venture capital market is one where a company with less than 200 employees can rake in more than US$100 million from investors. But one corner of the market has largely been left behind: companies offering medical devices.

Total venture funding for medical device firms dropped after the 2008 recession and never recovered, even as funding has rebounded elsewhere, data shows.