Because of a conservative clinical culture and a skittish venture community, medical-device company creation has lagged in Europe. The reasons for the lack of device company creation are several: a physician community that is not only not entrepreneurial, but often averse to capitalizing on commercial opportunities; a venture capital community unfamiliar with devices; and a lack of
By David Cassak
Given the relative closeness in size between the US and an aggregated European marketplace--and the clinical and regulatory importance Europe...
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