Medical Alley

Medical Alley Association Statement on Governor Walz’s Budget Proposal

Minneapolis, MN –Medical Alley Association greatly appreciates Governor Walz and Lt. Governor Flanagan’s budget proposals that recognize and help address challenges facing the health innovation and care community, including the creation of the Minnesota Innovation Collaborative and the restoration of the Angel Investment Tax Credit. The revitalization of this tax credit is a big step […]

Groundbreaking Danish-US MedTech Partnership Kicks Off in Medical Alley

Minneapolis, MN – A delegation of Denmark’s medtech and health leaders are in Medical Alley this week solidifying a first-of-its-kind MedTech Bridge partnership with the United States. MedTech Bridge is a new program established to open the door for medical device and digital health companies in Denmark looking to create operations in the United States. […]

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 […]

May 23, 2018: In The Know

Startup Developing Device to Reduce Threat of Stroke in Heart Procedures Michael Langley to retire as CEO of Greater MSP Minnesota Companies Climb on New Fortune 500 List Lead By Medical Sales, Minnesota Exports at $5.3 Billion in First Quarter U of M brain implant calms tremors Mayo Clinic Kicks Off Massive ‘Biobank’ Project to Invigorate […]

Four Key Trends Driving Increased Investment in Medical Alley

Investment in Medical Alley has doubled over the last five years, reaching more than $700 million in 2017. The state’s share of total venture capital investment increased from 28th in 2016 to 15th in 2017. What is driving this increase? Here are four trends that help explain the increase: 1) Healthcare is a Multifaceted Problem, […]

MAA Thanks Congressman Paulsen For His Proposed Suspension of Medical Device Tax

Golden Valley, MN (December 12, 2017) – Medical Alley Association President & CEO Shaye Mandle issued the following statement regarding Congressman Erik Paulsen’s proposal to extend the suspension of the medical device excise tax: “Medical Alley Association thanks Congressman Paulsen for his leadership and proposal to suspend the medical device tax for another five years. […]

Recording Breaking Quarter for Medical Alley Companies!

Golden Valley, MN (October 23, 2017) – Establishing itself as the place to be for health innovation and care, Medical Alley has continued to raise the bar for investment. Surpassing $520 million, the Medical Alley community has already set a record for funds raised in a year, topping the previous record of $454.8 million set in […]

LifeScience Alley Rebrands as Medical Alley

  LifeScience Alley to Rebrand as the Medical Alley Association – Reflecting Commitment to Health Technology Move to Medical Alley Association Brand Reconnects with Leadership Role in Industry and Region   MINNEAPOLIS – January 5, 2016 – Industry-leading state-based trade organization to be rebranded as the Medical Alley Association, reconnecting with its historic link to […]

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