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Report: Medical-device makers raised $366M in venture funding in Q1

Medical-device companies secured $366 million in venture financing during the first three months of 2009 as the economic recession pressures hospitals to postpone the purchasing of medical equipment, according to a report by Ernst & Young. Although the sector is facing the effects of the downturn, “it’s positioned to weather a recession better than other industries,” said an Ernst & Young official. Boston Globe, The (05/05)

Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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