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Starkey President Brandon Sawalich Promoted to President and Chief Executive Officer Boston Scientific’s next-gen stroke prevention device gets FDA nod Blue Cross and Blue Shield of Minnesota Extends Coverage of Expanded Telehealth Benefits Through 2020 Medtronic Foundation Commits $16M in Health and Education Partnerships to Address Racial Disparities and Advance Social Justice in Black Communities Humanetics […]
Despite the tumultuous start to the year, early and growth stage companies in Medical Alley raised over $250 million, almost exactly the five-year average for the first half. Medical device companies in Medical Alley raised more than their counterparts anywhere else in the country. As the conversation around aging in place accelerates, Medical Alley is […]
Vyriad test detects SARS-CoV-2 virus-neutralizing antibodies Developed as part of an ongoing collaboration with Regeneron ROCHESTER, Minn., May 12, 2020 (GLOBE NEWSWIRE) — Vyriad, Inc. announced today that it has completed the development of a serology test to measure protective immunity against SARS-CoV-2, the novel coronavirus that causes COVID-19. The Vyriad SARS-CoV-2 Neutralizing Antibody Test […]
ROCHESTER, Minn., December 11, 2019 – Vyriad, Inc., a clinical-stage biotechnology company developing oncolytic virus therapies to treat a wide range of cancers, today announced the appointment of experienced life sciences investors Edwin M. Kania, Jr. and Nathan L. Stacy to the Company’s board of directors. Mr. Kania was named Chairman of the Board. Mr. […]
Starkey Livio AI: The 100 Best Inventions of 2019 In Silicon Valley, startup cofounder battles VC over the future of health insurance Cancer-killing virus designer Vyriad raises $24.4 million 3M, Medtronic lead Minnesota companies on Management Top 250 list Mayo Clinic expands out of U.S. with Abu Dhabi hospital ExceleraRx, a network for expensive specialty […]
Stryker announces definitive agreement to acquire Wright Medical for $5.4 Billion Regeneron and Vyriad Announce Strategic Agreement for Discovery and Development of New Oncolytic Virus Treatments for Cancer Maple Grove-based Pursuit Vascular sold for $75 million to California firm Digi International spends $140 million to buy New Jersey IT company In $660 Million Deal, Takeda […]
Phase 2 trial will evaluate combination of PD-1 inhibitor Libtayo® (cemiplimab-rwlc) and oncolytic virus Voyager-V1; preclinical research collaboration will explore new oncolytic virus treatments Vyriad to receive upfront payment and equity investment from Regeneron TARRYTOWN, N.Y., and ROCHESTER, Minn. (November 6, 2019) — Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) and Vyriad, Inc. today announced a research collaboration and option […]
FDA adds back some workers during partial government shutdown University of Minnesota tests ‘smart’ pills to give cancer patients a nudge Denmark picks Minnesota as its ‘bridge’ to U.S. med-tech A Pea-Sized Device Is Approved to Close Holes in Hearts of Tiny Infants Zoll Medical wins $400m DoD patient monitoring supply contract Ecolab Closes on […]
Rochester, MN (August 21, 2018) – After one year, since its official launch, the Southeast Minnesota Capital Fund LLC (Fund) has reached its $2,000,000 funding goal and closed its fifth investment in Rochester-based Ambient Clinical Analytics. “For our community, having an active new business fund is very important because we are helping attract and retain […]
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 […]