News

In The Know: December 6, 2018

December 6, 2018 | Tags: Advamed, Boston Scientific, DoseMe, Ecolab, Featured, Inspire Medical Systems, Integrated Project Management, Mayo Clinic, Medtronic, Monteris Medical, NxPhase, NxThera, OneOme, Osprey Medical, Phenomix, Pops! Diabetes Care, Spineology, Stella

Nearly 150 groups join AdvaMed’s anti medtech tax letter

Inspire Medical offers another 1.5 million shares following April IPO

POPS! Diabetes Care Announces FDA Clearance of Their POPS!® one System

NxThera spinout NxPhase lands $10m for vapor ablation tech

Mayo Clinic Startup Phenomix Sciences Initiates $1M Seed Funding Round

IPM Earns 2018 Malcolm Baldrige National Quality Award

“First, do no harm” calls for thoughtful physician-patient dialogue, not fear

Tabula Rasa HealthCare to Acquire DoseMe, a Precision Dosing Software Company

Hospital Infections Kill 99,000 Americans Every Year. Are Giant Roombas the Solution?

Medtronic studies use of both heat and cold for cardiac ablation

Monteris Medical scores reimbursement win with Aetna

Osprey awarded purchasing agreement for DyeVert PLUS

Mayo researchers say oral apixaban safe and effective for treating blood clots in cancer patients

Spineology Inc. Announces New Board Members

Former UnitedHealth, Best Buy exec Nyman joins MN Blue Cross parent

OneOme Receives License to Offer its Comprehensive Pharmacogenomic Test in New York State

Inspire Medical Systems, Inc. Announces Publication of Data From ADHERE Registry

In The Know: Minnesota’s Healthcare News for November 29, 2018

November 28, 2018 | Tags: Abbott, Admedus, ANI Pharmaceuticals, Blue Cross and Blue Shield of Minnesota, Boston Scientific, Cantel Medical, DiaMedica, Featured, HabitAware, HIll-Rom, Magstim, Mainstay Medical, Mayo Clinic, Mayo Clinic Ventures, Medibio, Medtronic, NeuroOne, Pursuit Vascular, Recombinetics, University of Minnesota

Boston Scientific Announces Recommended Offer to Acquire BTG plc.

HHS Deputy Secretary Hargan Announces DSIIS Participants and First Meeting Date

Medtronic to Acquire Nutrino Health

Biotech company DiaMedica sets IPO terms to rake in up to $20M

Confirm Rx: PopSci’s ‘Best of 2018’

Bracelets That Help Kick Bad Habits

ANI Pharmaceuticals, Inc. Ranked Number 366 Fastest Growing Company in North America on Deloitte’s 2018 Technology Fast 500™

Cantel Medical To Acquire Omnia For Europe Expansion

2018 CFO of the Year: Brian Mower, Medibio

Farm animals may soon get new features through gene editing

Blue Cross CEO Craig Samitt wants to be a disruptor for health care; here’s what that means for the Blues

Admedus reports $6.3 million revenues amid $12.7 million Star Bright backing

For Mayo scientist, spinal-injury research is personal

In the Fight Against Cancer, Sleeping Beauty Awakens

NHS clinical trial could pave the way for new depression treatment

NeuroOne Medical Technologies Corporation Announces Appointments to Artificial Intelligence Advisory Board

Mainstay Medical announces headline results from ReActiv8-B clinical study

Mayo partnership aims to teach digital stethoscope to detect heart trouble

Pursuit Vascular Announces Patent Notice of Allowance for its ClearGuard HD Antimicrobial Barrier Caps

Hill-Rom announces executive appointments

Our View: Mayo Clinic’s growth is good news for Rochester and state

In The Know: Key Healthcare News for November 15, 2018

November 14, 2018 | Tags: Admedus, Coloplast, DiaMedica, Global Kinetics, Inspire Medical Systems, Invenshure, Mayo Clinic, Mayo Clinic Ventures, Medtronic, Monteris Medical, NeuroOne, Osprey Medical, Recombinetics, Zipnosis

Mayo Clinic Ventures — seeds of entrepreneurship

Minnesota’s medtech industry raised $90M in Q3 2018

Solving sleep apnea with new procedure

Admedus reports $6.3 million revenues amid $12.7 million Star Bright backing

NeuroOne Medical Technologies Corporation Announces Appointments to Artificial Intelligence Advisory Board

Four biotech startups to watch in Rochester

Osprey Medical raises $7m, looks to raise $8m in entitlement offer

Mayo Clinic School of Medicine receives $200 million gift

Medtronic launches new trial in effort to bring hypertension treatment to market

Monteris Medical Announces the Publication of Positive Clinical Data for Its NeuroBlate® Laser System for Patients with Brain Metastasis

Developer of urine-linked drug files to raise $15M through public offering

2018 CFO of the Year: Mark Sylvester, Invenshure

2018 CFO of the Year: Eric Bosler, Zipnosis

Paul Marcun returns to Coloplast as a member of the Executive Management team and new Executive Vice President of Chronic Care

Global Kinetics Corporation’s PKG® Smartwatch Provides Clinically Meaningful Improvement in Parkinson’s Disease Symptom Assessment, Management and Medication Optimization, As Well As Projected Per Patient Cost Savings

Recombinetics to channel more funding into animal gene editing business

Top Healthcare News for November 8, 2018: In the Know

November 7, 2018 | Tags: 2018 Election, 3M, Abbott, ANI Pharmaceuticals, Boston Scientific, Bright Research, CardioMech, Coloplast, Earl Bakken, Fairview, FDA, Mayo Clinic, Medtronic, NeoChord, Promed, Respicardia, VivaQuant

Governor Dayton Proclaims “Earl Bakken Day” in Minnesota

NeoChord raises $25m in Series D

Fairview Launches Innovative Workplace Behavioral Health Service for Employers

CardioMech Appoints Richard Nehm as President and CEO, and Mark Novotny as Chairman

With new FDA clearance, Abbott Freestyle Libre users can ditch handheld readers for an app

Eight New Operating Rooms Opening At Mayo Mankato

Medtronic touts five-year data for In.Pact Admiral drug-coated balloon

Boston Scientific’s Eluvia drug-eluting stent succeeds in long lesions

Lars Rasmussen steps down as CEO of Coloplast A/S

Democrats flip medtech-heavy Minnesota House seats

Trump’s trade war and the midterms: Views from two Heartland districts

CMS Grants Outpatient Pass-through Payment to the remedē® System for the Treatment of Central Sleep Apnea

FDA, DoD formalize medical product development deal

Adhesive Innovation Helps Clinicians Confidently Meet the Most Challenging Demands of Critical Tube Securement

ProMed to host 30th anniversary open house

ANI Pharmaceuticals Reports Third Quarter and Year-To-Date 2018 Results and Reaffirms Guidance

Medical Device Startup HeartHero Announces Agreement With Vivaquant

Cool Offices: Bright Research aims for ‘hip’ style in downtown space

Tigger Is a Puppy With Prosthetics — And He’s About To Help Kids With Prosthetics, Too! (*Tear*)

Top Healthcare News For November 1, 2018: In The Know

October 31, 2018 | Tags: Bakken Museum, Bio-Techne, HabitAware, Heraeus Medical, Mayo Clinic, Medibio, Switchback Medical, University of Minnesota

Q&A with Aneela Idnani Kumar, who turned a bad habit into a Minnesota Cup-winning idea

Startups Help Medical Discoveries Reach Patients, Clinics

Heraeus acquires Evergreen Medical, PhysioTest

Mayo Clinic, Eko pair up on machine learning tech to screen for heart diseases

Switchback Medical acquires small Minnesota manufacturer

The University of Minnesota’s craziest, most interesting innovations

Medibio Signs ilumen™ Corporate Contract with a Large Australian Employer

Inspiring future scientists

Bio-Techne Releases First Quarter Fiscal 2019 Results

MedCity launches MedCitizens to help innovative healthcare startups be found

‘We’re just getting started’: Delta celebrates Northwest Airlines merger 10 years later

Top Healthcare News for October 25, 2018: In The Know

October 24, 2018 | Tags: Boston Scientific, Heraeus Medical, Humanetics Corporation, Mayo Clinic, Prevent Biometrics, SpineThera, Tactile Medical, University of Minnesota, Upsher-Smith

Boston Scientific posts better-than-expected earnings

The Journey: What ever happened to the ‘health dividend’?

Where and What is Medical Alley? It’s the Silicon Valley for digital health and med-tech companies.

Prevent Biometrics® Acquires Assets of X2 Biosystems, Consolidating Leadership in Head Impact Monitoring

SpineThera Acquired to Expand Non-Opioid Pain Management Portfolio

University of Minnesota Partners with Canadian Startup to Advance Development of Alzheimer’s Detection Tech

Medtech issues again take center stage in Minn. Congressional races

Tactile Medical Announces License Agreement for Certain Intellectual Property of Sun Scientific, Inc.

Heraeus Medical facilitates hospital-patient interaction with new digital solution

Upsher-Smith Launches Generic Version Of Onfi® (clobazam), CIV In Tablet And Oral Suspension Dosage Forms

Humanetics Corporation to Present at the Annual Meeting of the American Society for Radiation Oncology

In Earl Bakken, Minnesota and Healthcare Lose a Legend

October 23, 2018 | Tags: Earl Bakken, Featured, In Memoriam, Medtronic

Electricity is life.

That’s the lesson a young Earl Bakken took, quite literally, to heart from Boris Karloff’s classic rendition of Frankenstein. Years later, when the world-renown Dr. Walter Lillehei from the University of Minnesota asked him to develop a battery power system so that pacemaker patients would no longer be in danger of dying if their care facility lost power in a storm, Bakken did much more than that: He used electricity to bring life back to patients.

His wearable pacemaker, the very first of its kind, meant that heart patients were no longer bound to the microwave-sized pacemakers of the past that needed to be plugged in. Instead, they could carry the device with them and live largely as they had before, giving them the life they once had back.

In co-founding Medtronic, Bakken ensured that his influence would go far beyond cardiac patients. The company is now a leader in diabetes care, neuromodulation, patient monitoring, and numerous other healthcare specialties. But Bakken’s tremendous influence doesn’t stop with patients.

Seeing that one of Minnesota’s greatest strengths was its collaborative healthcare ecosystem, Bakken, together with Lee Berlin of 3M and then-Governor Rudy Perpich, founded the Medical Alley Association to raise the profile of the community and the draw attention to the incredible work being done here. We strive to live out Bakken’s vision for the community by helping to strengthen the ties that connect community members, grow the next generation of companies developing life-changing healthcare solutions, and elevating Medical Alley as the global epicenter of health innovation and care.

Though Bakken died last weekend at the age of 94, his influence will continue far into the future. It will live on in the patients who wear his inventions, in the myriad people who benefit from Medtronic’s products, and in the world-class health technology and care community that he both founded and nourished. As long as Minnesota is a leader in patient-focused healthcare, Earl Bakken lives on.