It’s All About Precision
4 Jan 2022
Despite the slowdown in elective medical procedures prompted by the COVID-19 pandemic, 2021 has been a banner year for medical device manufacturers. Capital commitments within the sector, according to a report issued in late July by Silicon Valley Bank, are way up.
“Looking at dollars raised,” says the report, “U.S. and European medical device startups raised $4.6 billion in the first half of this year, putting 2021 on pace to eclipse total dollars raised in 2020 ($5.2 billion raised) and 2019 ($4.8 billion raised).” While North American companies continue to dominate, the report notes that European startups accounted for 34% of the dollars raised by medical device companies, up from 11% in 2020.
Iowa Manufacturers Expect Increased Sales and Capital Expenditures in the First Quarter of 2022Jan 4 2022
DES MOINES, Iowa – Iowa manufacturers expect increased sales and plan to invest in capital expenditures in the first quarter of 2022, according to the latest Iowa Association of Business and Industry (ABI) Quarterly Business Survey. ABI sent this survey to its board in late November. Seventy-six (76)...
Move Along NowJan 3 2022
The $222 million replacement of the Merchants Bridge across the Mississippi River at St. Louis reached a milestone in September with the installation of the first of three new trusses. Dating to 1890, the Merchants Bridge serves six Class I railroads and Amtrak in the nation’s second largest rail hub...
We all know that in the past two years, the only constant for small business owners has been change. Thousands of businesses changed their business model at the onset of the pandemic, introducing new products or services and embracing new channels to reach their customers. Thousands more launched new businesses...