Thursday, October 2, 2014

Eyes and ears attracting venture cap

According to Brian Gormley, WSJ, Sept 15, 2014, in the last few years, money has poured in for research into blindness, hearing loss, and other ailments affecting older people.

This means support for heart and orthopedic conditions is being scaled back.

This is coming from VentureSource--and the data is from 1999 through the first half of 2014.

Eyes garnered the most in 2013 and this research continues to be supported handsomely. Especially well funded--research into wet age-related macular degeneration.

The ears are also popular for making money. Hearing aids that work better, approaches to vertigo.

The heart is getting less--many devices are already on the market.

Spinal devices to treat back pain are also attracting less bank. This may mean, overall, fewer breakthroughs in this troublesome health area.

Ouch.


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