The Ambidextrous Medical Device Industry

With the public markets for now all but closed to them, small, private medical device firms are forced to turn to a number of new financing and business models. There will be no public-market support unless the companies can live up to sales and earnings projections. The historic split between small companies as innovators and big companies as disseminators of new technology has shifted slightly in the wake of the new financing environment, resulting in an imbalance favoring big companies.