Mike Faltys. CTO of SetPoint Medical demonstrates wearing the inductive charging collar - which connects to the microregulator hybrid implant to charge the implant within the patients neck, as seen in Faltys' home on Friday, November 1, 2013 in Valencia, Calif. The regulator works by using electric stimulation to supplement the body's natural inflammatory reflex and reduce inflammation. The medical-device industry is being squeezed by a drought of venture capital that has made it harder to start companies and develop new products. <br /> CREDIT: Patrick T. Fallon for The Wall Street Journal<br /> Assignment ID: 28059 Slug: MEDDEVICE
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