Budget cuts may be a harsh reality that other Minnesota entities engaged in economic development have to face.Not the Minnesota Partnership for Biotechnology and Medical Genomics, a collaboration between the Mayo Clinic and the University of Minnesota.Following the longest state shutdown in U.S. history, state lawmakers have decided to provide the group with $7.49 million [...]

The Medical Devices Center Innovation Fellows program at the University of Minnesota is doubling in size, thanks to a $280,000 grant from the Maslowski Family Charitable Trust.The university announced Monday that starting in September, eight fellows will be selected to build new innovative medical devices, compared with four fellows who were chosen in previous years. [...]

Aria CV Inc., a new startup, has licensed technology from the University of Minnesota to treat pulmonary hypertension.The company was formed in September and occupies discounted space within the University Enterprise Laboratories — called UEL Garage — in St. Paul, said John Scandurra, CEO of Aria CV.Scandurra and two other people invented the device when [...]

The University of Minnesota will soon be evaluating Chinese medical technologies for their business potential in the Chinese, U.S. and other markets.Earlier this month, Carlson School of Management’s Stephen Parente signed a memorandum of agreement between the Medical Industry Leadership Institute, where he is director, and the School of Medical Instrument and Food Engineering at [...]

The University of Minnesota has received a $51 million, five-year Clinical and Translational Science Award from the National Institutes of Health, the university announced Tuesday.It is the largest ever NIH grant that was awarded exclusively to the university and won’t be shared with other institutions, said a University of Minnesota spokesman.Through the award, the U [...]

Sometimes amazing feats of scientific research get all the attention, but the actual process of creating a company from that research and developing a product is rarely that glitzy.Take the case of Miromatrix Medical Inc., the Eden Prairie, Minnesota company trying to become a viable business by commercializing the stunning science of Dr. Doris Taylor, [...]

The National Institutes of Health has awarded a University of Minnesota researcher and others a five-year, $10 million grant to study a human protein that may hold the key to treat HIV and other viral diseasesDr. Reuben Harris, professor in the University of Minnesota’s College of Biological Sciences and a project leader, and other recipients [...]

The University of Minnesota has finalized a license agreement for Commerce and Search for Technology Transfer (CaSTT), an online tool that makes technologies available for licensing through an online database. CaSTT allows universities and research institutions to upload technology descriptions of intellectual property, which makes it easier for others to find through advanced search engine [...]

International Cardio Corp. is licensing University of Minnesota technology that uses high-intensity focused ultrasound technology to treat clogged arteries in a noninvasive way.Donald Knight, the president of the Chaska, Minnesota-based startup, said in a Tuesday news release that he has a brother who nearly died during an angioplasty procedure.“Angioplasty is an effective procedure, but it [...]

The University of Minnesota’s Medical Innovation Fellows Program is recruiting a four person cross-disciplinary team of postgraduate engineers, seasoned medical device professionals, bioscientists and physicians to collaborate in medical device product and development for one year. The program is sponsored by the UMN Medical Devices Center, part of the Institute for Engineering in Medicine.