This Med-Tech Firm Is An Inspired Endeavor
After raising nearly $60 million, Inspire CEO Tim Herbert is feeling confident about his company’s 2014 commercial launch of a sleep apnea product
View ArticleLiquidCool Solutions Is Heating Up
The financing efforts of Rochester firm LiquidCool are helping it gain the attention of data centers.
View ArticleDevice Medtronic Acquired In $800M Deal Found Ineffective
Medtronic said that a U.S. clinical trial for its Symplicity device, which is designed to treat high blood pressure, found the treatment to be safe but ineffective.
View ArticleWill New Medical Technologies Blow Through Your Benefits Costs?
Take a sneak peek at some line items that might start appearing on the hospital bills of your employees.
View ArticleEntrepreneur Of The Yr. Awards Seek Nominations
Ernst & Young is seeking nominations for outstanding entrepreneurs in Minnesota, Iowa, Nebraska, North Dakota, and South Dakota.
View ArticleLocal Co. Settles Suit For $520K; Criminal Investigation Ongoing
Vascular Solutions reached a settlement agreement, resolving a whistleblower lawsuit that drew the attention of Texas’ U.S. Attorney’s Office.
View ArticleMinnesota Med-Tech 2.0
Despite new challenges, the industry is seeing substantial growth and renewed investment activity.
View ArticleAnother MN Business Delists Shares, “Goes Dark”
ProUroCare Medical, Inc., said it is delisting its stock in order to cut administrative costs, and to allow it to explore a possible sale.
View ArticleLifeScience Alley CEO Retiring; Replacement Named
Following Dale Wahlstrom's retirement, Shaye Mandle, currently executive vice president and chief operating officer, will take the reins.
View ArticleTechne Invests $10M In Startup And Eyes Acquisition
After making a $10 million equity investment in CyVek, Inc., Techne Corporation said it plans to acquire the entire company if it meets certain performance benchmarks.
View ArticleMed-Tech Firm Receives FDA Warning Over Minnetonka Plant
The FDA sent a warning letter to American Medical Systems, identifying issues related to “process validation, risk analysis, and corrective and preventive action procedures.”
View ArticleOn Record Sales, Vascular Solutions Warns Of Legal Costs
Vascular Solutions reported a 15 percent jump in quarterly sales but costs tied to its ongoing legal battle with Boston Scientific caused the company to revise its earnings outlook.
View ArticleReverse Outsourcing: State Aid Lures India Company To Dilworth
Axis Clinicals' plant will employ 100 workers at a former Wal-Mart site in Dilworth.
View ArticleMN Medical Startups Are Attracting More Money
Industry group LifeScience Alley tallies $60 million raised in the first quarter, a 25 percent increase.
View ArticleMedtronic Settles Lawsuits For $22M But Expects More Claims
Medtronic, which did not admit wrongdoing, expects to record a fourth-quarter charge of up to $140 million to cover its latest settlement and the estimated cost of additional settlements.
View ArticleTarget Center redo: Architects chosen, drawings released
Target Center is one step closer to an upgrade. A Minneapolis City Council committee has approved hiring two architectural firms to lead the $97 million renovation of the downtown basketball and...
View ArticleLocal Entrepreneur Creates Storytelling Pillow For Kids
Killian Rieder’s “Elo” pillow is equipped with speakers that play music or tell children’s stories, but only when the child’s head is resting on it.
View ArticleAll the 'Bold' details that helped bring the Super Bowl to Minnesota
That roar you heard at 2:45 p.m. wasn’t anything to worry about. That was just a simultaneous cheer from Minnesotans celebrating the NFL’s announcement that Super Bowl 52 is coming to...
View ArticleMinnesota is healthiest state for older adults, report says
Minnesota is once again atop a list of the nation’s healthiest states for seniors. For the second year in a row, Minnesota was ranked the healthiest place for older adults, according to the...
View ArticleSt. Jude Gains Wireless Sensor Tech In $375M Acquisition
Now that CardioMEMS’ heart-monitoring technology has been approved, St. Jude is executing its option to buy the company, in which it had previously invested.
View ArticleMedtronic Seeks Dismissal Of Shareholder Lawsuits
A two-person committee appointed by the med-tech giant concluded that allegations against Medtronic’s leaders are “without merit”; it’s now seeking dismissal of shareholder...
View ArticleMedtronic Plans $43B Acquisition, Will Relocate HQ
The company said that, while it plans to relocate its headquarters from Fridley to Ireland, it will retain its “operational headquarters” in the Twin Cities.
View ArticleAmid Medtronic’s Move, MN Remains A Med-Tech Leader
Despite a legal headquarters relocation, Medtronic is retaining its workforce in Minnesota, which remains a national leader based on med-tech jobs and concentration of medical device manufacturers.
View ArticleTV series travels the globe with Minnesota humanitarian foundation
An inspiring new 10-part television series on the work of the Eden Prairie-based Starkey Hearing Foundation has its debut Monday night on the Oprah Winfrey Network (OWN). The Pioneer Press reports...
View ArticleSt. Jude Addresses Regulators' Concerns At Mftg. Plant
St. Jude Medical, which had received a warning letter about operations at a California facility, said that it has now addressed regulators' concerns.
View ArticleBio-Techne Acquires Yet Another Bio-Tech Firm
The Minneapolis-based biotechnology company bought Novus Biologicals for $60 million, less than a month after spending $300 million on a protein analysis company based in California.
View ArticleTwo Big Deals Help MN Medical Investments Climb 68%
Investments in Holaira and Inspire Medical helped drive the strong quarter.
View ArticleCargill phasing out growth-promoting antibiotics in turkeys
One of the nation’s largest turkey producers will stop feeding growth-promoting antibiotics to its birds. The Star Tribune reports that Cargill’s signature Honeysuckle White and Shady Brook...
View ArticleA Greener Dream
If it can unlock the potential from its timber, the Iron Range could become a center for biochemical production.
View ArticleFDA approves colonoscopy alternative developed at Mayo Clinic
The U.S. Food and Drug Administration has approved a new, noninvasive test that screens for colon cancer. KARE reports the screening test, called Cologuard, was developed by the Mayo Clinic and...
View ArticleThe Creatives: 7 Of MN’s Most Successful Innovators
Seven of Minnesota’s most successful innovators share how they foster and lead creativity within their organizations.
View ArticleReport: New lawsuit challenges Medtronic plan to cover top execs' tax hit
A new lawsuit filed by a Medtronic shareholder challenges the company’s plan to cover additional taxes its CEO and other top executives would face as part of the medical device maker’s...
View ArticleMedical Startups Raise $300 Million So Far in 2014
LifeScience Alley sees a strong year for Minnesota startups
View ArticleBig Pharma, Small Town
How ANI Pharmaceuticals is growing rapidly at the top of Minnesota.
View ArticleMN company's heart valve device implanted in US patient for 1st time
A less invasive operation to replace an ailing heart valve was performed for the first time in the United States Monday – and it happened at a Minnesota hospital, using a Minnesota product. In a...
View ArticleMedtronic accused of 'repeatedly failing' to fix issues with implantable pump
Medtronic will stop making an implantable pump system, after federal regulators claimed the company failed to fix problems with its manufacturing. In a deal announced Monday, the Food and Drug...
View ArticleMinnesota's 50 Fantastic Firsts
We challenge any other state to come up with a list of extraordinary innovations as impressive as Minnesota’s.
View ArticleMayo Clinic's Venture Into Entrepreneurship
Why technology previously transferred outside Minnesota is now more likely to remain in Rochester.
View ArticleLand O’Lakes Makes Its First Commercial Investment In Africa
The Arden Hills agribusiness is looking to expand its African operations, an area that Land O’Lakes CEO calls “everyone’s great growth market” in the future.
View ArticleMedtronic Seeks Approval For Pill-Sized Pacemaker
A new study found the revolutionary pacemaker lessened major complications by half compared to conventional models.
View ArticleBuilding Minnesota's STEM Workforce
Minnesota colleges are updating and expanding their science, technology, engineering and math programs to meet business needs in a 21st century economy.
View ArticleReport: 2015 Med Tech Funding Hits Record High
Investment in the industry reached nearly $435 million, according to the Medical Alley Association.
View ArticleHow Lawmakers Want To Spend Minnesota's Surplus
What does the 2016 legislative session portend for Minnesota businesses?
View ArticleThissen Proposes $500M State R&D Fund
The House minority leader said he wants to improve Minnesota's standing in science and technology.
View ArticleWoman-Owned Biomed Company Poised For Growth
The organization, composed entirely of women, creates products that help advance the research of complex and deadly diseases.
View ArticleMicrobiologics Expands With DEED Assistance
The state is providing $182,000 as part of the company's multimillion dollar addition to its St. Cloud headquarters.
View ArticleSaving Your Bacon
Miromatrix is transforming pig organs so they can be implanted into people—eventually.
View ArticleQ&A: Ping Yeh, Cofounder Of MN Cup Winner StemoniX
The company is helping to shape the future of drug discovery, medical diagnostics and disease treatment.
View ArticleWhere Are The 2015 MN Cup Winners Now?
A look at where last year's division winners are today.
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