Medtronic 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 Article