The Neurotechnology marketplace is a fledgling industry and it must remain exciting with many potentials to continue to encourage new brave entrepreneurs to enter in the field in the coming decade. However, our current global economic hiccup is certainly hard on everyone, and cash flow for neurotech companies is a serious issue.
The equally young Neurotechnology Industry Organization is a great start to bringing additional lobbying support for the market, but hitting challenging times early on in the industry’s development will likely slow down advancements in the coming years. Neuron News keeps a very close eye on the NERV NASDAQ NeuroInsights Neurotech Index (see the financial chart presented below), the following article gives us a brief look–from a pure stock investor’s perspective–of the growing concerns for the sector and how the industry is coping.
“Can neurotech deliver on its growth promise?” :: BloggingStocks :: November 12, 2008 :: [READ ]