Here are some news/notes from a day in MedCity, Minnesota:
The shuttle diplomacy that’s been taking place since Monday’s failed House override of Gov. Tim Pawlenty’s GAMC veto may be bringing the Legislature and the Pawlenty administration close to a deal, according to Politics in Minnesota. The proposal would make whopping cuts to provider payments–around 75 percent for payments to doctors, and deep cuts in prescription coverage as well.
SurModics Inc said it would take a restructuring charge of $0.9 million to $1.5 million in the second quarter tied to some organizational and leadership changes, according to Reuters. The company will close its sales office in Irvine, California, and relocate BioFX diagnostic product manufacturing facility in Maryland to Eden Prairie, Minnesota headquarters.
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Legal aid attorneys today asked for a temporary restraining order to stop Gov. Tim Pawlenty’s unallotment of about $16 million for the General Assistance Medical Care program for the poor, according to MinnPost. The class-action complaint, filed in Ramsey County District Court this afternoon, also seeks to keep GAMC benefits flowing through April.
MIT Technology Review named Medtronic Inc. of Fridley to its Top 50 innovative companies list. The publication specifically cited Medtronic’s work in developing its Activa Deep Brain Stimulation technology, the only rechargable neurostimulation device approved by the Food and Drug Administration to treat conditions like Parkinson’s disease and obsessive compulsive disorder.
