Health Tech Investment Forum to Address Current Economic Conditions and Strength of Healthcare Technology Investment
New York, NY (PRWEB) September 24, 2008 -- The Collaborative Communications Summit (CCS) Health Tech Investment Forum will address how the current state of the economy is impacting healthcare and what opportunities are on the horizon in health technology. The forum will take place Tuesday, September 30th in New York City.
Even in the worst economic climate there exist numerous investment opportunities and healthcare is no exception. Despite drops in private equity funding over the past year and a half private investment in the healthcare technology sector has remained strong. The 301 publicly traded medical technology companies headquartered in the US have continued to buck the trend producing solid growth and revenues. Total VC funding reached US$3.7 billion in 2007, a 37% increase over the previous record-setting year of 2006.
"While the credit crunch has depressed public equity financing, venture capital and deal activity remain solid," said Richard Ramko, Ernst & Young's US Medical Technology Leader. "The industry is poised for growth in the years ahead due to aging populations, the wider prevalence of chronic diseases, and an expected surge in demand for companion diagnostics to accompany new generations of targeted therapies." * Source CNBC.
This year's Health Tech Investment Forum will provide attendees with a unique snapshot of current trends and future outlook for the healthcare technology sector. Attendees will walk away with tremendous insight on key drivers of medical technologies and where new opportunities lie.
Presenting healthcare technology providers at the Forum include Access Granted, PracticeIT, Paquin Healthcare Companies, Integral Information Systems, Sensiotec and Park Avenue Medical Associates. The line up of firms offer unique and innovative technology solutions designed for the healthcare market and will provide a unique opportunity for investors to identify new opportunities.
Participants include: Agile Equity, Minerva Advisory Group, RedChip Companies, PracticeIT, Welch Allyn, Sensiotec, Access Granted, Leerink Swann & Co, Paquin Healthcare Companies, Sparrow Medical, Integral Information Systems, Park Avenue Medical Data Systems, Merrill Lynch, Shattuck Hammond Partners, Goldman Sachs, OneMedPlace, Equities Magazine, Fierce Markets, HedgeCo.Net, HedgeFundTools.com, HedgeFundEmployment.com, HedgeFundLounge.com, Private Equity Insider, Pharma Company Insight and World Pharmaceutical Markets.
About Health Technology Investment Forum:
The 2008 CCS Health Technology Investment Forum is a one day conference that will provide an opportunity for investors and healthcare leaders to discover the latest trends and investment opportunities. The Health Technology Investment Forum is designed to bring together leading investors, market leaders, and high growth companies focused on healthcare technology. While other industries have embraced information technology as a cornerstone of their business process healthcare has traditionally remained a laggard. In recent years this trend has reversed and there now exists a myriad of investment opportunities in the healthcare technology sector. http://www.ccsexpo.com/healthtechforum.html
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