January 24, 2013

MedCity News

Medtech VC: Big pharma, device firms are more interested in early-stage deals today

Early-stage medical device andbiotech venture capitalist Mike Carusi with Advanced Technology Ventures(ATV) had a busy conference schedule at the J.P. Morgan Healthcare Conference in San Francisco earlier in January.

What was different this year was the number of meetings the big “strategics” – the large medical device and pharmaceutical players – were willing to take with Carusi.

“There is a lot more receptivity to not only do meetings but also in figuring out an innovation road map and how to do creative deal structures earlier on,” Carusi said, in a phone interview Wednesday. “What it says to me is that they are worried that their pipeline of innovation is drying up.”

So what types of technologies or companies are the big dogs interested in?


Read more: 
http://medcitynews.com/2013/01/early-stage-medtech-vc-big-pharma-device-firms-not-interested-in-incremental-advances/

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