Digital Health

You Can’t Spell Medical Without “AI”

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 Powering the Evolution of Healthcare with More Than $2.8 Billion Invested and $2 Billion in Exits

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 […]

2018 Q4 Investment Infographic

A First-Timer’s Look at the MedCity Invest Digital Health Conference

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 Raise $234 Million in First Half of 2018

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 #1 State for Venture Capital Market Share Growth

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 […]

Record Q1 Investment Showcases Shift to Consumer-Focused Health

Q1 record with 26 Medical Alley companies raising $112 million in capital and a pair of companies acquired for $1.6 billion. Investors are backing Medical Alley companies leading a shift to a consumer- and patient-centric healthcare system. Building on a record 2017, Medical Alley’s leadership continued in a record Q1 that saw $112 million raised […]

April 5, 2018: In the Know

Thermo Fisher mycoplasma detection tech accepted for cell therapies   MedNet Solutions Announces Latest Release Of Its Award-Winning eClinical Solution   Boston Scientific Announces Acquisition of Securus Medical Group, Inc.   American Academy of Family Physicians, Zipnosis Announce Strategic Partnership to Provide Virtual Care Solution for Family Physicians   US Insurance Giants UnitedHealth and Humana […]

Two Reports Agree: Minnesota Startups are Among Nation’s Best

With the release of two key reports in the last week that show strong growth for Minnesota’s startups, the rest of the nation is coming to realize what we here in Medical Alley have long known: Minnesota is one of the best places in the country to start a business. The first report, published by Ohio’s […]

Key Takeaways from FDA Public Workshop Fostering Digital Health Innovation

A summary provided by Medtronic, PLC Members, as many of you know the FDA is piloting a Pre-certification program for certain digital health technology products. On January 30-31st the FDA hosted a public workshop. Representatives of Medtronic that participated shared their high-level notes with Medical Alley Association for the benefit of interested parties that were not […]

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