Alva Review-Courier -

By SARAH CAMPBELL-MILLER
Arkansas Business 

Expensive medical devices proving its worth in Arkansas

 


LITTLE ROCK, Ark. (AP) — Building a successful medical device startup is more expensive and time-consuming than building other types of small businesses, but the potential return on investment is higher, according to founders and investors in Arkansas.

The goal for most medical device startups is to be bought by larger players in the market for several times the startups' annual revenue, industry experts told Arkansas Business. And there's another benefit, they said: helping humanity.

The United States has the largest medical device market in the world, valued at $156 billion and represen...



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