In the Know — Healthcare News for May 27, 2019

Apple Watch app for nightmare disorder receives FDA breakthrough designation, opens enrollment for two RCTs MagStim wins FDA nod, launches StimGuide TMS navigation system Buoyed by CGT growth, Bio-Techne plans plant to supply $200m of reagents Minneapolis med-tech firm SynerFuse raises $2.6M FDA Approves Extension of Treatment for Short Bowel Syndrome to Include Children Strategic […]

In the Know: Healthcare News for May 13, 2019

Boston Scientific Announces Agreement To Acquire Vertiflex, Inc. Red Wing med-tech plant to ramp up operations under new CEO Philips announces collaboration with Medtronic to further advance the image-guided treatment of atrial fibrillation Sandstone Diagnostics Nabs $2.5M Liver cancer breakthrough at The Hormel Institute Boston Scientific wins FDA approval for Vici peripheral venous stent Abbott […]

In The Know — Healthcare News for May 3, 2019

3M buying Acelity in deal worth $6.7B Medtronic wins FDA approval for CareLink SmartSync CRM device manager Biotech firm Miromatrix Receives KidneyX Redesign Dialysis Phase I award NIH taps StemoniX’s organ-on-a-chip for opioid, addiction research Report: Takeda adopts value-based pricing for Crohn’s stem cell therapy in Europe Med-tech firm NeoChord adds $7M to earlier $25M […]

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 […]

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 […]

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 […]

In the Know: Healthcare News from Medical Alley, March 1, 2019

Tiny medical device designed in Minnesota repairs the tiniest hearts StemoniX lands $14.4M to develop ‘micro-organs’ – Minneapolis / St. Paul Business Journal Medtronic’s RF Ablation Platform FDA Cleared to Control Pain Mayo Clinic researchers identify gene that may predict pancreatic cancer in people with Type 2 diabetes Microbiologics rapidly evolving in the virology industry […]

In The Know: Healthcare News From Medical Alley, Feb. 18. 2019

Nuvaira Announces a $79 Million Financing Round to Pursue Groundbreaking Treatment of COPD Mayo Clinic researchers develop more efficient system to reprogram stem cells The Tech 20: Innovations That Should Be On Your Radar Memphis preemie receives world’s first commercially-approved, pea-sized heart device Medtronic and Medical University of South Carolina Team Up to Improve Outcomes […]

Recap: Medical Alley 2018 Annual Dinner

Spring came just in time for the 2018 Medical Alley Annual Dinner, held on April 24 at the Depot MPLS. Over 750 Medical Alley members – sans winter coats – joined together to celebrate a stellar year that was for our community and to look ahead at what’s to come in the global epicenter of […]

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, […]

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