You’ve likely heard of the pharma patent cliff. But upcoming drug patent expiration dates are also threatening another sector: university technology transfer offices. The University of Minnesota, which has spent years resuscitating its tech transfer prowess, is now among the institutions facing a patent cliff that will dry up revenue from commercialized research. Most of […]
A St. Jude Medical research scientist will now pave the way for healthcare innovations emerging from the University of Minnesota. Saurav Paul, who has been with the Minnesota medical device company since 2002, has been named director of the Innovation Fellows Program at the University of Minnesota’s Medical Devices Center, the Star Tribune reported Tuesday. […]
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.
It’s time to call the $24 million University Enterprise Laboratories Inc. what it is: a successful landlord. During the past six years, UEL has portrayed itself as a biotech incubator helping the University of Minnesota’s technology transfer efforts. But, for the most part, the university has been propping up what is a textbook case of […]
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 […]
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 […]
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 […]
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.
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 […]
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, […]
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 […]
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 diseases Dr. Reuben Harris, professor in the University of Minnesota’s College of Biological Sciences and a project leader, and other […]
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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, […]
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.
Minnesota has more to lose from possible National Institutes of Health budget cuts than its population size would suggest, with the University of Minnesota and Mayo Clinic bringing in hundreds of millions in grant dollars to the state.
LifeScience Alley, a Minnesota trade association representing medical technology companies, has circulated an inaccurate document about licensing and commercialization at the Minnesota Partnership for Bioscience and Medical Genomics.
Fund founder Jim O'Reilly says it was "fairly impossible" to raise money. For O'Reilly, explaining Upwind to potential investors proved to be a challenge in itself. For one thing, O'Reilly insisted Upwind was not a "fund" but rather a "new model" for developing startups.