Investment in medical device companies in Minnesota topped the $300 million mark for a 3rd year in a row last year, according to a report from the Medical Alley Assn., the North Star State’s life sciences business council. Medical device outfits led the $434.9 million raised by Minnesota healthcare companies in 2015, according to the report, with […]
Medical Alley
Minnesota’s LifeScience Alley returns to roots, rebrands as Medical Alley
LifeScience Alley, the trade association serving Minnesota’s medical device, biopharmaceutical, diagnostics and digital health sector, is returning to its original moniker, Medical Alley. Formed in 1984, the group hopes its old new name will harken back to Minnesota’s long history as a center of medical innovation. “Not only did the name resonate with our founders – it […]
Minnesota 3Q life-science investments down from 2014, but healthy pipeline points to a strong year
By Scott Wooldridge Life-science companies had another good quarter in Minnesota, and although the 3Q numbers are under the record-breaking investments for 2014, a large number of investments in new companies suggests continued growth. The LifeScience Alley 3Q investment report, from the Minneapolis-based trade association, finds that health technology firms raised more than $72.6 million […]
What makes Minnesota’s ‘Medical Alley’ tick? A podcast with LifeScience Alley’s Shaye Mandle
In this episode of DeviceTalks, we catch up with LifeScience Alley CEO Shaye Mandle about doing business in Minnesota’s world class medical device cluster. We delve into why the medical device and life sciences community clustered in the Twin Cities, what new trends in funding, M&A and technology are developing in the area and, of […]
Q2 medtech investment strong in Minnesota
Investment in Minnesota medical technology companies was strong again in the 2nd quarter, Minneapolis-based trade group LifeScience Alley said this week, with mHealth drawing particular attention. Total investment in the North Star State’s medtech sector was $116.4 million for the quarter, the 2nd-highest Q2 total the last 6 years. In all, 39 Minnesota medical device companies raised money, with seed and early-stage […]
Medtech startups outsource R&D
Starting a medtech company comes with a host of challenges, from regulation to financing to reimbursement. One way that companies can overcome those challenges, according to 2 industry experts, is to outsource some of the research and development work – and in the process, create a leaner, more flexible company.
Medtech funding in today’s environment
Financing for medtech startups can still be found, but the market climate is less than ideal, panelists at a LifeScience Alley conference said this week in Minneapolis.
The panel, "Financing Opportunities in Today’s Marketplace," discussed venture capital, IPOs, strategic investors and the important role played by a board of directors play.
Reimbursement a top concern for medtech startups
Medtech investment in MN falls back to earth | Medtech funding for the week of April 20, 2015
Medtech investment in Minnesota falls back to earth
LifeScience Alley’s new chairman is CVRx CTO Kieval
LifeScience Alley, the Minneapolis-based trade association of medical device and life science companies, has chosen a new board chair and made other changes to its board of directors.