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The top 10 medical device states: Everything you need to know

February 6, 2019 By Chris Newmarker Leave a Comment

California, Minnesota and Massachusetts dominate the U.S. medical device industry. But many other states also play a significant role in medtech. From industry employment to venture capital investment to number of major headquarters, read on and discover how the medical device industry’s top states compare. Next>> Sources: Minnesota Department of Employment and Economic Development’s Compare […]

Filed Under: Business/Financial News, Featured Tagged With: Minnesota

2 Minnesota medical device industry suppliers are expanding

November 26, 2018 By Chris Newmarker Leave a Comment

Two Minnesota-based medical device industry suppliers – Windings and New Plastics Plus – are expanding and adding jobs, the state’s Department of Employment and Economic Development recently announced. Get the full story on our sister site Medical Design & Outsourcing. 

Filed Under: Business/Financial News, Contract Manufacturing, News Well Tagged With: Minnesota, newplasticsplus, windings

3 ways HHS can help medtech innovators

October 16, 2018 By Chris Newmarker Leave a Comment

The U.S. Department of Health and Human Services (HHS) is doing everything from sharing more data to cultivating entrepreneurial talent and engaging in partnerships in order to support medical device innovators, the department’s CTO Ed Simcox told than 100 industry insiders in the Twin Cities today. A major goal at HHS is to build an innovation-focused […]

Filed Under: Medicare, Regulatory/Compliance Tagged With: Dept. of Health & Human Services (HHS), Medical Alley, Medical Alley Assn., Minnesota, Reimbursement, University of Minnesota

More information out about One Discovery Square near Mayo Clinic

June 6, 2018 By Chris Newmarker Leave a Comment

A new website is providing more details — including a new anchor tenant —for One Discovery Square, the roughly 90,000-square-foot biotech research, collaboration and innovation space under construction near Mayo Clinic in Rochester, Minn. Slated to open in April 2019, the four-story building is meant to be the first step in the creation of an innovation […]

Filed Under: News Well, Research & Development Tagged With: Mayo Clinic, Minnesota

Minnesota 2.0: Can this major U.S. medical device cluster become a healthcare innovation hub?

May 15, 2018 By Chris Newmarker Leave a Comment

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 […]

Filed Under: Business/Financial News, Digital Health, News Well, Research & Development Tagged With: devicetalksminnesota, evergreenmedicaltechnologies, lemhiventures, Mayo Clinic, Medical Alley Assn., Minnesota, pediatricdeviceinnovationconsortium, rxfunction, universityofstthomas

Minnesota sees major medical device plant expansions

March 15, 2017 By Chris Newmarker Leave a Comment

Medical device manufacturers are spending tens of millions of dollars on Minnesota plant expansions, but another heartening sign that the major device hub around the Minneapolis-St. Paul remains robust. LISI Medical Remmele—a maker of minimally invasive surgical devices, spinal implants, and drug infusion, urologic and vascular components—plans to nearly double the size of its Big Lake, […]

Filed Under: Business/Financial News, Contract Manufacturing Tagged With: Cirtec Medical, LISI Group, LISI Medical Remmele, MedTech, Minnesota

Medtech investment in Minnesota falls back to earth

April 17, 2015 By Scott Wooldridge Leave a Comment

Medtech investment in Minnesota falls back to earth

After an off-the-charts year in investment for 2014, the Minnesota bioscience industry has seen a more typical 1st quarter, according to a report from medtech lobby LifeScience Alley.

Filed Under: Funding Roundup, News Well Tagged With: Medical Alley, Minnesota, Osprey Medical, Sunshine Heart Inc.

Medtech investment hits 6-year high in Minnesota

January 15, 2015 By Scott Wooldridge Leave a Comment

Medtech investment hits 6-year high in Minnesota

Investment in Minnesota’s thriving medtech scene hit a 6-year high in 2014 and the state saw a significant jump in pharma/biotech investments, according to LifeScience Alley’s annual report.

Filed Under: News Well Tagged With: Holaira, Inspire Medical Systems Inc., Medical Alley, Minnesota, Monteris Medical, Venture Capital/Private Equity

Medtronic stock continues to hit new highs this month

September 22, 2014 By Arezu Sarvestani Leave a Comment

Medtronic continues to hit new highs this month

Minnesota medical device industry giant Medtronic (NYSE:MDT) rallied more Wall Street attention this month, hitting a new high on Friday.

Filed Under: News Well, Wall Street Beat Tagged With: Minnesota

Medtronic and Covidien prepare 1st Integration Summit

September 18, 2014 By Arezu Sarvestani Leave a Comment

Medtronic and Covidien prepare 1st Integration Summit

Filed Under: Mergers & Acquisitions, News Well Tagged With: Covidien, Medtronic buys Covidien, Minnesota

Diabetes: Medtronic study finds pumps beat injections for patient satisfaction

September 17, 2014 By Arezu Sarvestani Leave a Comment

Diabetes: Medtronic study finds pumps beat injections for patient satisfaction

Insulin pumps beat manual injections for managing symptoms of Type 2 diabetes, according to the latest results from Medtronic’s (NYSE:MDT) OpT2mise clinical trials.

Filed Under: Diabetes, News Well Tagged With: Clinical Trials, Insulin Management, Minnesota

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