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Neurotech Device Sector Shows Growth, But Challenges Await

Participants at the recent Neurotech Investing and Partnering Conference are generally optimistic about the commercial potential for neurotechnology.

The device section of the neurotech industry showed itself to be in relatively good health at May’s Neurotech Investing and Partnering Conference in San Francisco, but investment in these complex technologies is not always easy to come by.

Overall revenues in neurotech declined by 2 percent in 2012, but device revenues increased by 9 percent, and some conference attendees argued that the headline numbers flattered

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