InnovationRx: MedTech Venture Investment Bounced Back (A Little)

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Katie Jennings is a senior writer at Forbes covering healthcare, technology and AI and a co-author of the InnovationRX newsletter. She joined Forbes in 2020 and is based in Jersey City.

Johnson & Johnson’s $13.1 billion acquisition of Shockwave Medical could be a potential harbinger of future exits to come.notes that the first quarter of 2024 saw $3.3 billion in VC funding for this sector, up from $2.8 billion in the fourth quarter of 2023. If the trend continues, “medtech VC funding activity for 2024 could result in the highest average annual deal value since early 2022,” the report said., which is developing blood tests for early cancer detection.

Global rates of death caused by heart conditions, diabetes and obesity due to air pollution significantly increased over the past decade, according to the 2024 World Heart Report, and emissions caused by climate change played a part in exacerbating this. The number of heart condition-related deaths attributed to air pollution between 2010 and 2019 increased in some places by as much as 27%, and almost 70% of the 4.2 million outdoor air pollution-related deaths in 2019 were from heart conditions.

This Mississippi Hospital Transfers Some Patients to Jail to Await Mental Health Treatment Our community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.

 

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