Quote from CBSA:"All medical-device makers face a big challenge in raising money to prove a new technology, said John Collar, head of the Colorado BioScience Association trade group for biotechnology and medical device companies.
'There is still money out there, but you have to be lucky enough to find the investment houses looking for the kind of investment at your company’s stage of development,' Collar said.
There are some venture capital firms and angel investors that specialize in seeding small, experimental startups in the hope of finding a major breakthrough in treatments, he said."
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