Sanara Ventures: Teva and Philips Join Forces to Tackle Medtech

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ARTICLE SUMMARY:

Israel-based Sanara Ventures, backed by an alliance of unlikely partners, Teva and Philips, is mining the rich field of Israeli medtech start-ups, and hopes to offer a solution to a problem plaguing big companies today – the attrition of early-stage companies due to a lack of early-stage funding.

As venture capital dries up for medical device companies, particularly early-stage capital, large multinational device companies have begun to worry.

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