Beyond their altruistic and sales goals, medical device startups generally keep an eye out for the exit. Getting there requires planning, patience and persistence, according to a couple of medtech executives who’ve been through it. Martha Shadan headed Plymouth, Minn.–based Rotation Medical, a private company sold to Smith & Nephew in December 2017, just three […]
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Minnesota 2.0: Can this major U.S. medical device cluster become a healthcare innovation hub?
Minnesota has the institutions and the talent to transform healthcare in the U.S. The question is whether the money will follow. RxFunction makes wearable devices called “Walkasins” that help people with chronic health conditions prevent falls that can lead to serious injury. It took eight painstaking years, though, before the Eden Prairie, Minn.-based startup secured […]
Speakers you need to see at DeviceTalks Minnesota
A Google executive whose own heart problems spurred her to seek medtech innovation, a leader at Abbott who wants to drive healthcare value, the head of an upstart company seeking to transform diabetes care — those are but some of the speakers you will encounter at DeviceTalks Minnesota this June. Read on to find out […]
All heart: A Google executive’s real-world experience with medtech
After hearing the story of her 10 cardiac surgeries and seven pacemakers, you could be forgiven for thinking that Heidi Dohse has a weak heart. But the Google executive, endurance cyclist and, now, inspirational speaker she may have a stronger heart than most people on the planet. Dohse, a senior program manager at Google and […]
For this Abbott executive, solving problems isn’t enough: ‘We need to add value’
As payers and providers across healthcare shift their focus to value-based care, leaders in the medical device industry are racing to keep up. Michael Pederson, SVP of cardiac arrhythmias and heart failure at Abbott, told MassDevice.com why simply solving problems with new technology isn’t enough anymore, learn here. What was your path like from electrical […]
How Minnesota got a Pediatric Device Innovation Consortium
Dr. Gwenyth Fischer, director of The Pediatric Device Innovation Consortium at the University of Minnesota, thinks the seven-year-old group may have a bit of an edge over similar groups elsewhere in the U.S. The advantage could be summed up in one word: “location.” Minneapolis-St. Paul is a major U.S. medical device hub — a tight-knit community […]
How CHF Solutions is using health economics to expand product adoption
Two years after CHF Solutions (NSDQ:CHFS) acquired Baxter‘s (NYSE:BAX) Aquadex fluid filtration device for $5 million, the company’s executives are working to weave together the evidence they need to land reimbursement in the U.S. and expand patient access for its technology. The Aquadex system is designed to filter water and salt from patients experiencing fluid overload due […]
How Consensus Orthopedics added smarts to orthopedic devices
Consensus Orthopedics made headlines with its TracPatch this year. So how did an ortho company get a digital product to market? Let’s face it, orthopedic devices are dumb. That is to say, they are mute. Silent. And in today’s healthcare environment, the silent kind of dumb is dangerous. Consensus Orthopedics (El Dorado Hills, Calif.) wanted to […]
DeviceTalks Minnesota: Here’s what you missed
Some of the medical device industry’s top leaders and experts gathered in St. Paul, Minn., in June for DeviceTalks Minnesota. Check out the highlights – and don’t miss DeviceTalks Boston on October 2. [View the story “DeviceTalks Minnesota: Here’s what you missed” on Storify]
