Steve Burrill may have encountered some difficulty raising local money for a planned $1 billion fund to back the Elk Run BioBusiness Center in Pine Island, Minn. But that hasn’t stopped the famed San Francisco-based investor from seeking other opportunities around the world. Burrill told Dow Jones Newswires Wednesday that he will partner with Austral […]
Backers of the Elk Run BioBusiness Park in Pine Island, Minnesota have hired the Minneapolis office of CB Richard Ellis to recruit tenants for the 200 acre property. CB Richard Ellis, the nation’s largest commercial firm, recently established a LifeScience team based in Minneapolis to focus on biotechnology, pharma, health care, and medical device industries. […]
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.
Not to sound paranoid … but … Just when you think Minnesota has turned the corner in stimulating high-tech innovation, the nagging pest otherwise known as the budget has once again reared its ugly head. And it’s not pretty. Just weeks after Gov. Tim Pawlenty signed a bill that established the Minnesota’s first angel tax […]
To BIO or not to BIO? That’s the question confronting Minnesota as it ponders its economic future. In some ways, the answer is obvious. The state boasts a lot of expertise and money in medical technology. Lawmakers have already earmarked millions of dollars to build a “Biomedical Discovery District” in Minneapolis and an “Elk Run […]
It’s always a tough act to follow Howard Root, the sometimes volatile, always interesting CEO of Vascular Solutions Inc. But when you’re one of a gazillion candidates running for the governor of Minnesota, the challenge becomes even more daunting. Which makes me wonder why organizers of the first annual Minnesota BIO forum, including LifeScience Alley, […]
Forget the elk. Bring on the horses! The proposed Elk Run BioBusiness Park in Pine Island may get millions of dollars in state money from an unlikely source: Cantebury Park in Scott County, one of the two state’s two horse racing tracks. Under a proposal pitched by Racino Now, a group led by former Republican […]
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
Another day, another new local early stage fund. Upwind Medical Partners is launching a $6 million to $8 million early stage fund that will focus on commercializing intellectual property from health care/research institutions like the University of Minnesota, Wisconsin Alumni Research Fund (WARF), Allina Hospitals & Clinics, and John Hopkins Hospital in Baltimore. Founded by […]
Ground was supposed to have been broken in the fourth quarter of 2008, according to Tower Investments. Now, after delays and increasing skepticism from the public, John Pierce, senior vice president at Tower Investments LLC, said that plans have changed.
Affinity's fund is not tied to a specific incubator, which means the firm will cast a larger net for start-ups. Given its history of investing exclusively in late stage companies, Affinity's move could provide Minnesota's early stage entrepreneurs a real shot in the arm.
In a speech at the annual meeting of the Rochester Economic Development Corp., Burrill was still short on details on the Elk Run BioBusiness Park in Pine Island.
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
The Becker's attorney, Chris Messerly of Minneapolis, moved for a new trial last year after an Olmsted County jury found no negligence on the part of Mayo Clinic doctors in treatment Nykkole when she was just weeks old.
The park should be Minnesota's answer to Research Triangle Park in North Carolina, a place where academics, scientists, investors and entrepreneurs converge to create breakthrough innovations developed and sold by homegrown companies, said Peter Bianco, director of lifescience business development of Halleland Health Consulting in Minneapolis. Bianco is spearheading the project.
Miromatrix is close to signing a licensing agreement with the University of Minnesota to commercialize the regenerative tissue work of Dr. Doris Taylor. Two years ago, the star university scientist drew international attention for successfully growing -- and keeping alive -- a beating rat's heart in a jar. Taylor's work fueled hopes that scientists can one day grow replacement organs for patients who would typically wait for transplants.
The Pine Island city council voted to create a nearly $3 million infrastructure financing plan for the Elk Run biotechnology project while University of Minnesota president Robert Bruininks discloses he has prostate cancer.
Burrill is having trouble finding local money for the $500 million of the Elk Run fund that will purchase direct equity stakes in start-ups housed at the planned Elk Run Biosciences Center. So it's no surprise that Coordinate is trying to appeal to the state's sense of economic pride.