One of the most successful centers of medical device innovation, Israel is wrestling with that success and adopting new models to build on it. TriVentures, a new firm that is part incubator, part VC fund, is focusing on companies at the very earliest stages of development. At the other end of the spectrum, Ofer Hi-Tech is looking to roll up companies and create the next Kyphon.
by David Cassak
Few medical device industry executives would quarrel with the notion that Israel has been one, if not the leading, sources of new device technology over the past decade or so. Anecdotally, some large US device companies now say that one-third to one-half of the new companies and devices they look at either come from Israel or originated there