Apple: Medtronic has developed 175 iPhone and iPad apps for employees to use

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Apple: Medtronic has developed 175 iPhone and iPad apps for employees to use

July 23, 2014 12:36 pm by | 0 Comments

Updated: When I tuned into Apple’s quarterly earning conference call yesterday, my goal was to get more information on its IBM collaboration, particularly what it could do with Watson’s big…


Minnesota’s LifeScience Alley reports major growth in investment for early 2014

Minnesota’s LifeScience Alley reports major growth in investment for early 2014

July 17, 2014 5:32 am by | 0 Comments

Investment in Minnesota life science companies saw a significant increase in the second quarter of 2014, according to a report from the state’s largest med-tech association. The Minnesota Life Science…


Medtech experts say despite “schizophrenia,” the industry’s prognosis is good

Medtech experts say despite “schizophrenia,” the industry’s prognosis is good

May 30, 2014 5:56 am by | 1 Comments

The investment climate for the medtech industry has become more cautious, more focused on short-term results, and wary of increased government regulation. At the same time there are still plenty…



Report: Medtronic wants to buy wearable device maker Corventis for $150M+

Report: Medtronic wants to buy wearable device maker Corventis for $150M+

May 20, 2014 6:02 pm by | 1 Comments

In the latest clinical wearables acquisition deal by a medical device company, Medtronic (NYSE: MDT) is in talks to acquire Corventis, a wearables technology maker with a focus on cardiovascular…


Inspire Medical Systems raised $40M to bring FDA-approved sleep apnea implant to market

Inspire Medical Systems raised $40M to bring FDA-approved sleep apnea implant to market

May 15, 2014 6:51 pm by | 0 Comments

Just a couple of weeks after securing U.S. Food and Drug Administration approval for its implant to treat obstructive sleep apnea, Inspire Medical Systems added three new investors in a…


FDA clears obstructive sleep apnea implant to overcome adherence issues

FDA clears obstructive sleep apnea implant to overcome adherence issues

May 1, 2014 2:55 pm by | 1 Comments

Sleep is like sex. Everybody wants it and nobody is getting enough. That’s what Lars Knutsen of Requis Pharmaceuticals said the other day as part of a presentation for a…


Digital health startup pivots from wellness app to chronic condition care plans

Digital health startup pivots from wellness app to chronic condition care plans

April 18, 2014 6:00 am by | 0 Comments

Everyone knows how to stay healthy – eat less, move more. It’s actually making those changes to daily life that is the hard part. The same is not true for…


Preceptis Medical says  ear tube operations on kids leaving OR and costing less

Preceptis Medical says ear tube operations on kids leaving OR and costing less

March 7, 2014 7:32 am by | 0 Comments

MINNEAPOLIS _ Preceptis Medical is a small company that has big designs to clip the costs and boost the safety for the 1.3 million young children who undergo ear-tube surgeries…



Minneapolis-based Norwest Equity buys pharmacy supply company

Minneapolis-based Norwest Equity buys pharmacy supply company

March 4, 2014 11:44 am by | 0 Comments

Norwest Equity Partners said Monday it bought Apothecary Products Inc., a step by the Minneapolis-based private equity firm to expand its consumer health care portfolio. Apothecary Products makes and distributes…


Obamacare enrollment expected to fall short, Biden says it’s a ‘Hell of a start’ though

Obamacare enrollment expected to fall short, Biden says it’s a ‘Hell of a start’ though

February 20, 2014 12:19 pm by | 0 Comments

Vice President Joe Biden told visitors to a Minneapolis coffee shop on Wednesday that the millions of people likely to sign up for health insurance before a March deadline is…


UnitedHealth takes majority stake in Audax Health Solutions

UnitedHealth takes majority stake in Audax Health Solutions

February 19, 2014 6:30 pm by | 2 Comments

A few weeks after MedCity News reported that UnitedHealth Group (NYSE: UNH) was in acquisition talks with Audax Health Solutions, its health IT services arm Optum has acquired a majority stake…


Vibration and neurostimulation ease the ouch of needle sticks in this startup’s med devices

Vibration and neurostimulation ease the ouch of needle sticks in this startup’s med devices

December 30, 2013 10:52 am by | 3 Comments

For the healthcare industry, the pain caused by a needle prick is more than just a momentary annoyance. Needle pain and fear is thought to have a more serious effect on…


Iowa + Nebraska co-op brings more competition to insurance market with few options

Iowa + Nebraska co-op brings more competition to insurance market with few options

December 7, 2013 7:20 am by | 0 Comments

CoOportunity Health, a nonprofit health insurance cooperative based in Des Moines, Iowa, has had a front-row seat to the ups and downs of healthcare.gov, the federal exchange website that got…


Industry veteran: Design process is changing to start with 3D printers, not manufacturing

Industry veteran: Design process is changing to start with 3D printers, not manufacturing

November 21, 2013 9:54 am by | 0 Comments

A single technological concept that can produce cars, shoes, and human organs represents the “next industrial revolution,” said one of the field’s pioneers at a recent medical device conference. Jon…


Medtronic’s Q2 sees revenue growth for almost every area

Medtronic’s Q2 sees revenue growth for almost every area

November 19, 2013 9:43 am by | 0 Comments

Medtronic (MDT) announced financial results for Q2’13. The bottom line? $4.194 billion in revenue, with net earnings at $902 million. Innovative products, such as deep brain stimulation and the artificial…


MiMedx inks distribution agreement with Medtronic

MiMedx inks distribution agreement with Medtronic

October 1, 2013 9:10 am by | 0 Comments

After MiMedx‘s (MDXG) recent disagreement with the FDA, the company has signed a distribution deal with Medtronic (MDT) for its PURION processed allograft products. Medtronic’s subsidiary SpinalGraft Technologies will promote,…