Clik here to view.
Minnesota has much to lose from possible NIH funding cuts
Minnesota has more to lose from possible NIH budget cuts than its population size would suggest. The home of medical research institutions, including the University of Minnesota and Mayo Clinic, came...
View ArticleClik here to view.
Medtronic’s break from GPOs: It’s about competition (for hospitals, too)
Hospital systems across the country join the nonprofit associations as a way to band together and collectively boost their negotiating power as they seek better prices for medical devices and other...
View ArticleClik here to view.
Medtronic: FDA warning letter issues resolved, products launching soon
It’s turning out to be a good month so far for Medtronic Inc. The company is showing Wall Street that it can play tough on health providers by going toe-to-toe with its purchasing organizations. (So...
View ArticleClik here to view.
Veterinary products maker Aurora Pharmaceutical raising $5M
Two Northfield, Minnesota veterinarians, Mike Strobel and Mark Werner, are in the process of raising $5 million for their two-year-old Aurora Pharmaceutical as they seek to develop niche veterinary...
View ArticleClik here to view.
Legislator: Minnesota years behind in debate on public startup capital
What do Ohio, North Carolina and Massachusetts have in common? They all have state-funded organizations that dole out millions of dollars in capital annually to promising startups. It’s not so for...
View ArticleClik here to view.
Prostate treatment company NxThera gets millions, corporate partner
NxThera, a Minnesota-based startup developing a thermal vapor prostate treatment, is bringing in millions of extra investment dollars, including from a corporate partner. The company disclosed in a...
View ArticleClik here to view.
Medtronic’s Amplify spine implant dealt FDA setback
Medtronic (NYSE:MDT) has been dealt a setback in efforts to win U.S. Food and Drug Administration approval of its Amplify spine implant. Medtronic disclosed in a Thursday filing with the U.S....
View ArticleClik here to view.
Want a Medtronic job? Go to China or India
Medtronic Inc. may be in the process of reducing its global workforce by nearly 5 percent, or 1,500 to 2,000 jobs, but there are two countries in the world where the medical technology giant is in fact...
View ArticleClik here to view.
Medica ad campaign shows attitude, other health insurers could follow
Medica, one of the largest health insurers operating in Minnesota, is showing some attitude with a new marketing campaign in the Twin Cities. Billboards, bus stop and skyway signs show a lesbian couple...
View ArticleClik here to view.
Wound care, diabetes care in sore need of new payment models
The present fee-for-service payment model that dominates healthcare doesn’t begin to meet what needs to be done to properly treat people with open wounds and diabetes. That was the primary complaint...
View ArticleClik here to view.
Medtronic announces newest addition to Activa neurostim line
Medtronic Inc. on Thursday announced the U.S. and European launch of its newest Activa neurostimulation device — the Activa SC. The newest Activa device is single-channel, which involves running a...
View ArticleClik here to view.
American Medical Systems invests in NxThera
Updated 6:07 p.m. Word is out about the identity of the corporate partner NxThera CEO Robert Paulson mentioned last week. It turns out it’s American Medical Systems Inc. Minnetonka, Minnesota-based AMS...
View ArticleClik here to view.
St. Jude Medical’s Daniel Starks released after India arrest
Updated 2:40 p.m. St. Jude Medical’s (NYSE:STJ) chief executive officer Daniel Starks was free to travel inside India on Thursday, a day after authorities detained him for having a single round of live...
View ArticleClik here to view.
Former Medica exec’s startup QuickCheck Health looks to raise $2M
Tom Henke, a former high-level executive at health insurer Medica, is seeking to raise more than $2 million for a home diagnosis testing company called QuickCheck Health Inc. that he started last year....
View ArticleClik here to view.
Bloom Health’s Sen bets on end of employer-sponsored health plans
Abir Sen One of the big questions hanging out there in the wake of the Patient Protection and Affordable Care Act is, will it lead to employers giving up on providing health plans for their workers?...
View ArticleClik here to view.
Boston Sci exec takes over Twin Cities-based BridgePoint Medical
Denis Harrington, who until recently was head of sales for Boston Scientific Corp.’s cardiovascular and CRM business, has left the company to become president and CEO of a Twin Cities startup called...
View ArticleClik here to view.
Minnesota Congressman looks to Web for medical device tax repeal
Congressman Erik Paulsen, co-chair of Medical Device Caucus U.S. Rep. Erik Paulsen, one of the top boosters for the medical device industry in Congress, doesn’t see a major repeal of health reform...
View ArticleClik here to view.
Mayo Clinic sees promise in Harvard students’ incubator
Mayo Clinic is providing expertise for a group of Harvard Business School students starting an incubator called Rock Health for people with innovative ideas for improving healthcare delivery. Dr....
View ArticleClik here to view.
ScyFIX seeks to raise $4M for device to treat degenerative eye disease
ScyFIX is seeking to raise $4 million as the Chanhassen, Minnesota-based company continues to seek U.S. Food and Drug Administration approval for a device that uses slight electric shocks to treat...
View ArticleClik here to view.
Forever linked: Snoop Dogg, Jerry Lewis and St. Jude Medical’s CEO
It was only a single bullet in his pants pocket while waiting to board an airplane. But after his detention last week at an India airport, St. Jude Medical (NYSE:STJ) CEO Daniel Starks now is in a...
View Article