Foundational Member

In the Know — April 22, 2019

Startup SilkTech Biopharmaceuticals raises $6M to turn silkworm cocoons into eyedrops Magic Mouthwash effective treatment for mouth sore pain caused by radiation therapy BI and Lilly’s diabetes drug Jardiance reverses heart failure in animal models How a New Device is Improving the Lives of People With Spinal-cord Injuries The Future of Wearable Tech Is Called […]

In the Know: April 15, 2019

Elucent Medical Receives FDA Clearance for Innovation for Breast Tumor Removal Procedures Medtronic, BCBS Minnesota ink value-based diabetes deal Zipnosis Launches Customizable Offering Aimed at Accelerating Personalized Virtual Care Nuvaira, Evolve Additive Solutions, StemoniX lead Q1 VC deals in Minnesota Minnesota lawmaker proposes Rare Disease Advisory Council New technology to empower Parkinson’s patients University of […]

In the Know: April 8, 2019

Mayo Clinic finds 3 factors in care plan extend life for advanced pancreatic cancer patients RxFunction Seeking $12 Million in New Financing New app Yonder, developed at U, takes a bite out of kids’ dental anxieties UHC Named Minnesota’s Most Valuable Brand Ecolab Inc. joins Business Coalition for the Equality Act in support of LGBTQ […]

Medical Alley Companies Raise The Bar Again

Records Fall in Q1 As Money Flows Into Medical Alley’s Startup and Growth-Stage Companies After setting a record with their best-ever Q1 in 2018, Medical Alley startup companies didn’t just set the record again, they shattered it! For the third consecutive year, Medical Alley startup and growth-stage companies broke the previous record for money raised […]

Up & Running with Angie Conley, CEO of AbiliTech

Angie Conley is Founder and CEO of AbiliTech Medical. AbiliTech is developing a prosthosis to help patients with muscle weakness or injury to use their arms so they may live independently. Their first device will launch in 2020 and clinical studies will begin at the University of Minnesota and Gillette Children’s hospital. In 2016, AbiliTech […]

In The Know: April 1, 2019

Abbott Announces CE Mark for Alinity™ m Diagnostics System and Assays, the Latest in Molecular Technology, to Help Deliver Critical Test Results and Benefits to Patients Research Brief: Developing a blood test to screen for ovarian cancer Removal of ‘zombie cells’ alleviates causes of diabetes in obese mice Flywheel, a part of Invenshure incubator, closes […]

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 […]

In the Know — March 25, 2019

Smiths Medical to spin off from parent Smiths Group Fairview CEO James Hereford talks medicine, merger with HealthEast Mayo Clinic researchers identify potential new therapy for liver diseases Danger Abounds When Meds and Your Genes Don’t Mix Antibacterial Envelope Cuts Heart Device Infections Rare surgery at U of M hospital saves diabetic girl Private Investment […]

Private Investment Doubled in the DMC District in Rochester, Minnesota Exceeding a Quarter Billion Dollars in 2018

(Rochester, MINN) March 21, 2019 – The Destination Medical Center Corporation (DMCC) today announced that private investment in the Destination Medical Center (DMC) district totaled $262 million in 2018, a 100 percent increase over 2017. The 2018 private investment will release approximately $13.5 million in state public infrastructure funding. Since 2013, DMC has generated more […]

In The Know — March 11, 2019

New App Designed To Help Patients Report Health Outcomes Wins Top Prize from AHRQ Medical device tax repeal bill reintroduced in U.S. Senate Ping Yeh, StemoniX CEO, talks growth after $14M round – Minneapolis / St. Paul Business Journal Medtronic Keeps DES Market Hot with New Indication FemPulse Appoints Dr. Robert Kieval as Chief Scientific […]

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