Funding a medical technology company isn’t a simple job: Modern medical devices require cutting-edge innovation, research and design to make it to the market. And don’t even get started on regulatory and reimbursement challenges.
The recession of the late 2000s, Affordable Care Act and changes to regulatory bodies and reimbursement requirements have changed the game for medical device startups seeking funding. More than ever, young companies need clear paths to avoid running out of money.
Read the whole story at our sister site, Medical Design & Outsourcing