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Three Key Takeaways: M&A activity is strong in Medical Alley, with over $15 billion spent in the second quarter alone, as companies large and small look for paths to growth Medical Alley startups brought in $261.6 million dollars in the first half of the year, their second-best mark in the last five years Signs point […]
Brian Brockway is the founder of Data Sciences Intl. (DSI), the leading provider of wireless implantable sensors and systems for preclinical testing of new drugs and biomedical research. He bootstrapped DSI with SBIR grants into a highly profitable business with over $40 million in revenue where he developed domestic and international direct sales and distribution […]
Dashboards gather millions of datapoints on hand hygiene compliance, surgical instrument cleanliness, high-touch object cleanliness and room turnover times ST. PAUL, Minn.–(BUSINESS WIRE)– Ecolab Inc., the global leader in water, hygiene and energy technologies and services, continues to expand its healthcare offerings with advanced digital capabilities to support improved patient health and the increasing need […]
Bringing together attendees from more than 20 countries and a dozen states, the International Business Innovation Association (InBIA) held their 33rd Annual Meeting in Minnesota this year, highlighting the state’s rapidly growing tech startup industry. InBIA is an international association for incubators, accelerators, and other organizations that support innovation ecosystems; they bring people from academia, […]
By Lauren J.F. Barta and Timothy E. Grimsrud Innovative medical and healthcare applications of artificial intelligence (AI) are everywhere: Mayo Clinic is engaged in a pilot program using a customized version of IBM Watson to match patients to its clinical trials. Cleveland Clinic is using AI for surgical volume forecasting, and Johns Hopkins is using […]
Medical Alley companies have raised more than $2.8 billion over the past 5 years, furthering the region’s reputation as the global epicenter of health innovation and care. For the second year in a row, Medical Alley’s diverse healthcare ecosystem raised more than $700 million across the sectors of medical device, digital health, biotechnology and new […]
By Serafin (Fin) Samson, Baker Tilly The MedCity News INVEST Twin Cities digital health conference brought together industry leaders, entrepreneurs and investors who are cultivating and shaping the digital health landscape. As a first-time attendee, I walked away with several key takeaways from the conference. Talent pool There is a great range of talented […]
Medical Alley companies had a strong start to 2018, buoyed by new investments in biotech. 45 companies raised $234 million in the first half of the year. In addition to positive investment flow, exits continued at a strong pace with multiple acquisitions and one initial public offering (IPO). These exits will recycle capital into the […]
Minnesota jumped 13 spots to the 15th best market for venture capital in the United States in 2017 according to a report from Chartio. This happened while states like Colorado, Tennessee, Texas, and Illinois lost market share. California retains the top spot, though its lead is slipping as investors tap into booming startup hubs around […]