FINANCING FLOWS FOR CANADIAN MEDICAL TECHNOLOGY STARTUPS

A rush of $4 million in financing is proof for the Halifax firm Medusa Medical Technologies that venture capital investors believe in the power of health technology to transform medicine. Over the past six years, the firm created software to help paramedics gather data and transmit it on a wireless system as they treat patients. Canadian Broadcasting Corporation (http://www.cbc.ca/story/money/national/2006/08/28/health-medusa.html)