Venture capital funding for medical devices on the rise

As the population ages, there has been a surge of venture-capital funding for companies in the business of medical devices. This drive has helped lift the overall investments in life-sciences, or more specifically, industries focused on biology, medicine, and improving life processes. Investors tend to be most interested in medical equipment manufacturers that make artificial joints, heart stents, etc. These products are becoming more valuable as people continue to live longer lives. The author cites an example of a startup company called Small Bone Innovations Inc. which manufactures bone and joint replacements that just raised $42.2 million in venture-capital. While the investment volume from this example may be unusually large, other medical device companies are having plenty of luck finding investors. We will no doubt see that as the population continues to age the demand for medical devices will rise which will thus attract further venture-capital dollars.   Read the full article in Ledger-Enquirer.

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