The Wall Street Journal today has a piece on venture capitalists’ current favorable opinion of the medical technology market, particularly as it relates to small, start-up companies. Partners from such firms as Highland Capital Partners, IDG Ventures, and Advanced Technology Ventures tell the Journal that small device companies are attractive in large part because of aging baby boomers with money to spend on sophisticated medical equipment. Also, large companies’ dry pipelines are causing many to pay top dollar for new technologies being developed by smaller shops. The interviewed VCs point out several promising companies: Helicos BioSciences, MicroCHIPS, TranS1 and Emphasys Medical.