MINNEAPOLIS--(BUSINESS WIRE)--Medical Alley continues to prove itself as the global epicenter of health innovation and care, as shown in the 2017 Midyear Report released by the Medical Alley Association Thursday.
Through the first two quarters of this year, over 50 companies in the Medical Alley raised $308.8 million - their best fundraising start in the past eight years.
Cutting-edge health sectors continue to thrive. The digital health sector amassed $189 million, while the diagnostics and biopharmaceutical sectors have nearly doubled their year-to-date totals from 2016.
Medical Alley continues to clear 510(k)s at an average of 110 days - 40 days faster than the national average.
View the full report here: https://www.medicalalley.org/media/208335/first_half_2017_1122.pdf
About the Medical Alley Association
Since 1984, the Medical Alley Association has been the front door to Medical Alley. We are the collective voice and expertise of Medical Alley; the strategy, implementation and execution vehicle of the Medical Alley Community. We deliver the collective influence, intelligence and interactions that support Medical Alley’s global leadership.