Bright Health – Medical Alley Association

Bright Health

Over $1 Billion in IPOs Powers Record Quarter in Medical Alley

Decades-long records toppled in the second quarter of 2021 as four Medical Alley healthcare companies listed on major exchanges. Agiliti, Bright Health, CVRx, and Miromatrix raised a combined $1.46B from their listings, with Bright’s $924M offering leading the pack. Beyond the public listings, the quarter saw an impressive number of mergers and acquisitions as well […]

In the Know: Healthcare News for July 12

Mayo Clinic Licenses Technology for Vaccine Development Marrow Access Technologies Announces the Full US Market Release of the SmartShot® Marrow Access Device NeueHealth Announces Expansion of its Integrated Care Delivery Model in Florida and Planned Entry into Texas and North Carolina Flywheel and HealthMyne Partner to Provide End-to-End Radiomic Data Management and Analysis a COUPLE […]

In The Know: Healthcare News for June 28

Bright Health Raises $924M, Making it the Largest IPO Ever in Minnesota Miromatrix stock up over 60% after IPO raises $43 million Silicon Valley-Based Silk Road Medical Announces Expansion to MSP Region Pear Therapeutics to Become a Public Company and Expand its Leadership Position in Prescription Digital Therapeutics Nu-Tek BioSciences Building $40 Million Peptone Factory […]

In The Know: Healthcare News for May 24, 2021

Bright Health files for IPO Mayo Clinic Health System Names Dr. Prathibha Varkey President Hazelden Betty Ford Names Andrew Williams Director of Diversity, Equity and Inclusion Kindeva Drug Delivery Announces Knowledge Transfer Partnership with Loughborough University to Study Sustainable Propellants DiaMedica Therapeutics Announces FDA Clearance of IND Application to Initiate Phase 2/3 Clinical Trial for […]

Mergers & Acquisitions Drive More Than a Billion Dollars of Value in Medical Alley

More than a billion dollars of mergers and acquisitions and more than $347M million of public and private capital to fund new developments fueled a strong first quarter in Medical Alley. Boosted by the return of the Angel Tax Credit Program (ATCP), 43 companies raised $109 million in private capital and $238 million was raised […]

In The Know: Healthcare News for April 12, 2021

Bright Health Acquires Zipnosis, Enters Telehealth Market ANI Pharmaceuticals Expands Branded Products Portfolio Through Acquisition of Sandoz Inc. NDAs Celcuity Announces Worldwide Licensing Agreement with Pfizer to Develop and Commercialize Gedatolisib, a First-in-Class PI3K/mTOR Inhibitor for Breast Cancer Cardiovascular Systems, Inc. Announces Investment and Acquisition Option Agreement With Telehealth Company, CarePICS, LLC Nicole Walker Named […]

In The Know: Healthcare News for March 22, 2021

Gravie Secures $28 Million in Financing Led by AXA Venture Partners Takeda Grants J&J German Production Capacity for COVID-19 Shot GE Healthcare Launches New Wireless Hand-Held Ultrasound as CEO Eyes Growing Market Inspire Medical Systems, Inc. Announces FDA Approval of Two-Incision Implant Procedure Kindeva Seals Deal to Expand Operations at Charnwood Campus Blue Cross and […]

In The Know: Healthcare News for March 15, 2021

NAMSA Begins Next Chapter of Growth Under Newly Appointed CEO, Dr. Christophe Berthoux Best Hospitals 2021 – United States Jodi Hubler Rejoins Central Logic Board of Directors Boston Scientific Plans New Building on Maple Grove Campus ANI Pharmaceuticals to Acquire Novitium Pharma, Strengthening R&D Engine and Expanding Generics and CDMO Business Medtronic Taps Walmart Exec […]

Medical Alley: Where Tomorrow’s Healthcare is Happening Today – 2020 Annual Report

2020 started like any other year. We were focused on increasing the value of membership, telling the Medical Alley story, and growing the region’s influence and impact. We were looking forward to our sold-out sixth Annual Dinner, presented by Bind Benefits, featuring Michael Phelps and Patrick Kennedy, as well as our full slate of in-person […]

Medical Alley Leads the Nation in Transformation of Payment Models

Bright Health, Bind Benefits account for half of venture capital invested nationally. 2020 was a record year for investment in Medical Alley startups. The region raised $1.4 billion, exceeding $1 billion by Q3, on the heels of breaking $1 billion in 2019. Health plan startups Bright Health and Bind Benefits, along with digital device company […]

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