The gBETA Medtech virtual accelerator today named the five startups that will participate in the spring program leading up to the June 21 showcase day. “We’re so fortunate to have such a diverse set of founders with expertise across the healthcare continuum,” gBETA Medtech Director KC Caine said in a news release. “Our founders are […]
Medical Alley Association
Deadline nears for gBETA Medtech startup accelerator
The gBETA program for medtech startups is seeking applicants from across the globe on or before March 14 for its spring session. The seven-week gBETA Medtech virtual accelerator runs April 18 through June 14. gBETA is a program of startup accelerator Gener8tor and the University Enterprise Labs business incubator in St. Paul, Minnesota, with support […]
Medical Alley appoints new CEO
The Medical Alley Association announced today that it appointed Roberta Dressen as its new president and CEO. Dressen takes over the position previously held by Shaye Mandle since 2014 before he announced his departure for the Biotechnology Innovation Organization (BIO) in February. Steffen Hovard served as interim CEO in the time since then. Hovard will […]
Medical Alley launches startup accelerator
Minnesota’s Medical Alley Association announced that it launched an accelerator for early-stage healthcare startup companies. Medical Alley Starts is described in its subsection of the Medical Alley website as a focused initiative and suite of services targeted at accelerating healthcare startup formation and growth in Minnesota’s Medical Alley region. The accelerator is led by eight […]
Mandle to leave Medical Alley Association
Shaye Mandle, who has led Minnesota’s Medical Alley Association since 2014, is leaving the medtech trade group for the Biotechnology Innovation Organization (BIO) in Washington, D.C. Mandle will join BIO as COO on March 1 after nearly 10 years at Medical Alley, first as COO and VP of government relations and then as president & CEO. Steffen Hovard, former […]
Medical Alley startups raise $1.4B
The Medical Alley Association announced that its startups recorded a record-setting year with $1.4 billion in fundraising in 2020. Having broken the $1 billion barrier in 2019, the region topped that mark by the third quarter, raising nearly another half-million by the end of the year, according to a news release. Bright Health and Bind […]
5 medtech companies win coveted Tekne awards
Five medtech companies recently won some of the top technology awards in the state of Minnesota, known as one of three major medical device hubs in the U.S. The companies competed for the Minnesota Technology Association annual Tekne Awards, which included categories ranging from artificial intelligence and machine learning to “technology for good.” Get the full story on […]
Joe Biden’s plan for COVID-19 and how the industry is reacting
Following the weekend’s news that Joe Biden is now president-elect of the U.S., plenty of focus is shifting to his plan for COVID-19. While positive news regarding Pfizer and BioNTech’s vaccine candidate came through this morning, the pandemic is still roaring on, with the U.S. hitting a record 128,000 new cases on Saturday as the […]
Medical Alley companies raise $1B in Q3
The Medical Alley Association announced today that, through three quarters, its member companies raised more than a record-breaking $1 billion in capital for the first time. Last year, the association’s members raised more than $1 billion over the course of a full year, but this year, the 58 member companies took just three quarters to […]
Medical Alley Association asks CMS to make it easier for breakthrough devices to win coverage
Medtech receiving a breakthrough device designation from FDA should be able to satisfy all of CMS’s non-cost criteria for transitional pass-through payments, according to the Medical Alley Association. The Minnesota-based trade group’s CEO Shaye Mandle made the proposal in comments submitted Sept. 24 in response to a proposed rule from CMS to revise the Medicare […]
How the presidential election could affect medtech
No matter who ends up in the White House, there will need to be a reckoning over how the government’s relationship with medtech has changed, according to industry insiders. It’s been a tumultuous few years for the medical device industry, with highs and lows that no one could have foreseen. President Donald Trump’s administration streamlined […]