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September medtech financing of $249 million bring YTD total to $2.82 billion
| Healthcare Blogs - Healthcare Reflections Blogs |
Medtech financings year to date (through September 2010) now stand at $2.82 billion, about 17% ahead of financings by this date in 2009.
September 2010 financing came in at a modest $249 million, leaving the year’s highest financing month as July, which came in at $518 million.
If the remainder of 2010 follows a typical course, total medtech financings will hit just shy of $4 billion, compared to a total $3.2 billion in 2009. However, variability (and uncertainty) in the market (healthcare and the general economy) is considerable, so predictions are a somewhat academic exercise.
2010 Medtech Financings by Month
| Month | Financings
($millions) |
Detail |
| January | $514 | link |
| February | $160 | link |
| March | $241 | link |
| April | $125 | link |
| May | $432 | link |
| June | $312 | link |
| July | $518 | link |
| August | $267 | link |
| September | $249 | link |
Compiled by MedMarket Diligence, LLC
Source: MedMarket Diligence, LLC
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