ANNOUNCEMENT

MedCity CONVERGE July 9-10 in Philly gathers payers, providers, medtech, pharma, digital health, policymakers & more.

St. Jude wins European OK for brain implant to treat Dystonia

St. Jude wins European OK for brain implant to treat Dystonia

April 10, 2013 8:20 am by | 0 Comments

April 10 (Reuters) - St. Jude Medical Inc on Wednesday said it received European regulatory approval for its brain implant used to treat primary and secondary Dystonia, a neurological movement ... Read more

Minnesota health plans see dip in profits, increased reserves

Minnesota health plans see dip in profits, increased reserves

April 1, 2013 4:00 am by | 0 Comments

Increased spending on hospital care depressed operating profits for the state's nonprofit health insurance companies last year, according to a report released Monday, April 1, but financial reserves for health ... Read more


Minnesota health insurance exchange now official

Minnesota health insurance exchange now official

March 21, 2013 3:59 am by | 0 Comments

Gov. Mark Dayton signed legislation Wednesday, March 20, creating a health insurance exchange in Minnesota, a move supporters call the state's most sweeping coverage reform in 50 years.About 1.3 million ... Read more

St. Jude Medical’s device to prevent stroke misses study goal

St. Jude Medical’s device to prevent stroke misses study goal

March 20, 2013 5:04 pm by | 0 Comments

(Reuters) - A clinical trial evaluating St. Jude Medical Inc's implantable device used to prevent stroke in patients who have a common congenital heart defect failed to achieve its main ... Read more

St. Jude Medical CEO: When it comes to the Durata lead, facts have been very friendly to us

St. Jude Medical CEO: When it comes to the Durata lead, facts have been very friendly to us

January 23, 2013 10:14 am by | 0 Comments

On Wednesday, St. Jude Medical CEO Dan Starks fielded a couple of questions related to its Durata ICD lead on its fourth-quarter earnings call, although there were none on a ... Read more

St. Jude Medical likely to face tough questions about FDA warning letter on earnings call

St. Jude Medical likely to face tough questions about FDA warning letter on earnings call

January 18, 2013 12:39 pm by | 0 Comments

The shoe finally dropped.The U.S. Food and Drug Administration sent a warning letter to St. Jude Medical (NYSE:STJ) on Jan. 10 regarding its inadequate design validation process for the Durata ... Read more

Caught in a bind, some its own doing, some not, St. Jude Medical cuts another 500 workers

Caught in a bind, some its own doing, some not, St. Jude Medical cuts another 500 workers

November 2, 2012 12:44 pm by | 2 Comments

What do you do when the biggest market you play in continues to be weak, hospitals are buying less of your products, Europe, which used to be reliable, is now ... Read more


Is St. Jude Medical’s battle against Optim supplier more than just a “headache?”

Is St. Jude Medical’s battle against Optim supplier more than just a “headache?”

October 19, 2012 12:30 pm by | 0 Comments

October has not been kind to St. Jude Medical (NYSE:STJ).On Wednesday, the company, apparently against all industry precedent, warned Wall Street of a possible warning letter from the U.S. Food ... Read more

Covidien’s pharma business buys CNS Therapeutics for $100 million

Covidien’s pharma business buys CNS Therapeutics for $100 million

September 24, 2012 12:25 pm by | 0 Comments

Mallinckrodt, the soon-to-be spun-out pharma business of Covidien, is buying a Minnesota company that is developing drugs to treat neurological disorders and severe chronic pain by delivering them to specific ... Read more

Change of business model at novel hearing aid maker leaves patients confused, angry

Change of business model at novel hearing aid maker leaves patients confused, angry

September 4, 2012 4:06 pm by | 2 Comments

Envoy Medical, the St. Paul, Minnesota medical device startup, appears to be having some growing pains.Back in March 2010, it won the regulatory approval for the world’s first, fully implantable ... Read more

LabCorp builds up specialty testing unit with $241M MEDTOX acquisition

LabCorp builds up specialty testing unit with $241M MEDTOX acquisition

June 4, 2012 11:10 am by | 0 Comments

LabCorp (NYSE:LH) is set to acquire toxicology testing company MEDTOX Scientific (NASDAQ:MTOX) for $241 million as the laboratory testing and diagnostics firm builds out its specialty testing offerings.The definitive merger ... Read more

A new enlarged prostate treatment from MN firm hopes to free men from pain

A new enlarged prostate treatment from MN firm hopes to free men from pain

February 3, 2012 2:05 pm by | 0 Comments

A newfangled enlarged prostate treatment is being tested at a Minnesota company, which hopes to be an alternative to failed drugs therapy or surgery in managing benign prostatic hyperplasia (BPH).NxThera, ... Read more

St. Louis firm develops pain-free cardioversion therapy for atrial fibrillation

St. Louis firm develops pain-free cardioversion therapy for atrial fibrillation

December 23, 2011 10:20 am by | 0 Comments

A St. Louis, Missouri medical device company is raising money in preparation for clinical trials of its pain-free cardioversion therapy for atrial fibrillation, developed by a former Case Western Reserve ... Read more

St. Jude Medical launches Merlin.net upgrade

St. Jude Medical launches Merlin.net upgrade

October 11, 2011 12:35 am by | 0 Comments

Global medical device company St. Jude Medical announced the launch of the newest version of its Merlin.net Patient Care Network (PCN). The network organizes information about patient heart rhythms, device ... Read more

NxThera raises $21.6 million in series B financing

NxThera raises $21.6 million in series B financing

October 4, 2011 6:57 pm by | 0 Comments

St. Paul, Minnesota-based medical device company NxThera, Inc. has raised $21.6 million in series B equity financing, the company announced today. (A percentage of the money raised will be funded ... Read more