NASHVILLE LOSES VERAN MEDICAL TECHNOLOGIES

VENTURE NASHVILLE CONNECTIONS
May 13, 2008

This business blog reports the move of a medical technology firm from Nashville to St. Louis. BRUCE LYNSKEY, a clinical professor of management at Owen Graduate School of Management, a Veran board member and advisor to Edwards since before Veran was formally created in 2003, said yesterday, "Nashville does not really have any VC firms that are comfortable with a tech-intensive medical device system, and consequently, nor does it have a significant number of medical device firms.  ...St. Louis does have a small but growing critical mass of medical device firms -- and a growing labor force that can fulfill these needs."