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Where Med Device Fits Into the Life-Sciences Puzzle

SAN DIEGO—With approximately 300 companies and 12,000 employees in the medical-device field here, the segment is vibrant in San Diego, CBRE’s John Hundley tells GlobeSt.com in this EXCLUSIVE look at the sector.

John Hundley Hundley: “There are some big med-devices players in the market now, and it will be telling to see where they end up.”

SAN DIEGO—With approximately 300 companies and 12,000 employees in the medical-device field here, the segment is vibrant in San Diego, CBRE’s life-sciences expert John Hundley tells GlobeSt.com. According to a recent market report from the firm, medical-device investment led all industry types in Q1 with $95 million in VC investment, the most since Q2 2009, which was also the last time it exceeded biotech investment in San Diego. In addition, San Diego represented 18.7% of all medical-device deals in the US in Q1. We spoke exclusively with Hundley about where these companies are located, the type of space they need and how they fit into the life-sciences puzzle here.

GlobeSt.com: How much of the San Diego market does medical devices cover?

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Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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