Lack of Venture Investment Forces Medical Device Companies to get Creative

The Washington Post recently reported that companies offering new medical devices have been left out of venture capital investment of late.
According to the report:

Between 2008 and 2009 total U.S. venture funding for device companies dropped 27 percent to about $2.6 billion, according to a multi-year analysis of Thomson Reuters data by PricewaterhouseCoopers and the National Venture Capital Association. In the seven years since the recession, funding for device companies ticked up only slightly to $2.7 billion, and the number of deals dropped from 394 in 2008 to only 308 last year.

Click here to view the full report.