Browsing: MedTech

After a steady start to the year, biopharma and medtech capital markets saw selective momentum in the third quarter. In biopharma, public biotech market performance strengthened and IPO activity improved, while venture funding moderated. In medtech, M&A remained the most active channel, exceeding full-year 2025 deal value despite slower dealmaking in the third quarter.

For the better part of a decade, the default advice handed to medtech founders planning a first-in-human (FIH) study fit in three words: go to Australia. The pitch was seductive and, for a while, mostly true. A notification-based regulatory pathway that could clear in weeks. A 43.5% refundable R&D tax offset. For a cash-constrained startup,…