Medtech Investing 2009: What's Changed?

The medical device industry is undergoing a crisis of funding, but not of confidence, according to a panel of investors convened at Windhover's recent medtech conference, In3 West,. The conference panel sought to explore how the medical device investment community is operating in these troubled times, how they will invest going forward, and how they will support their companies if things don't improve. We were especially curious to know if the funding challenges that start-ups face are really due to the overall dire economy, or if that dark cloud merely masks changing fundamentals in the medical device industry that are making it more difficult for companies to find funding, gain FDA approval, and enjoy a healthy exit. Our panel weighs in on the matter.

The medical device industry is undergoing a crisis of funding, but not of confidence, according to a panel of investors convened at Windhover’s medtech conference In3 West, held in Las Vegas in March 2009. The panel included representatives from the venture capital industry: New Leaf Venture Partners, Versant Ventures, and Frazier Healthcare, and from Devicor Medical Products Group LLC, a new company backed by private equity firm GTCR, which hopes to replicate the success it has had with the specialty pharmaceutical model.

The conference panel sought to explore how the medical device investment community is operating in these troubled times, how they...

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