In contrast to pharma and biotech sectors, both of which are suffering from protracted growing pains, the medical device sector is red hot and likely to get hotter, writes The New York Times. All you have to do is look at the bidding war over Guidant. As "wave after wave of baby boomers" hits the market, business is only going to get better, the paper argues. The fusion of medicine and information technology is leading to a new generation of consumer-friendly devices designed to bring healthcare into the home.
- see this article from The New York Times
PLUS: BusinessWeek looks at the wave of smart gadgets designed for seniors being introduced by med tech companies this year. Article