Report: VCs put more into fewer medtech deals last year (MassDevice)
Venture capitalists put more cash into fewer deals backing medical device companies last year, according to the MoneyTree report, meaning that the average deal value rose nearly 28% in 2014.
The report, compiled by PricewaterhouseCoopers and the National Venture Capital Assn. using data from Thomson Reuters, found that VC shops spent $2.66 billion on 319 medtech firms. That's an increase in total value of 27.0% over 2013, but a -0.6% decline in deal volume.
During the 4th quarter there were 90 deals worth a collective $748.4 ...
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