Wednesday, May 30, 2012

Health Care Cost Sky Rocket- If Innovation is not funded

Innovation in the USA needs to stay in the US. If the med tech innovators move their innovations to outside the country. US tax payers will not be able to afford health care in the US.
China, India , Russia and Brazil will be charging for new medical technologies. Currently, investors and VCs are shy to invest in med tech industry, soon that will change and there will be heavy investments in the diabetes and obesity tech start ups. Since obesity is costing US over $150 Billion a year.

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