Financings roundup: Med-tech hits a daily double as two device companies file for IPOs
Initial public offerings have almost become a thing of the past for the medical device industry, but two device companies are going against the grain. TriVascular Technologies (Santa Rosa, California) and Lombard Medical Technologies (London and Irvine, California) both filed IPO paperwork Monday. Both companies sell devices to treat abdominal aortic aneurysms.
2013 was the 'best of times', 'worst of times' for med-tech
In reviewing Medical Device Daily's top stories and industry trends that emerged over the past year, the familiar words of Charles Dickens seems to be an appropriate way to describe the state of the industry in 2013: It was the best of times, it was the worst of times. The medical device sector underwent immense change in 2013, and while it may be easier to think of the negative headlines that impacted the industry over the past 12 months, there were a number of positive trends that emerged last year. For better or for worse, 2013 was a transformative year for medical technology worldwide.
mHealth opportunities in Latin America on the rise
With mobile phones and tablets penetrating deeper into Latin America every year, the opportunities for mHealth developers are growing rapidly.