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Target Center redo: Architects chosen, drawings released

Target Center is one step closer to an upgrade. A Minneapolis City Council committee has approved hiring two architectural firms to lead the $97 million renovation of the downtown basketball and...

May 13, 2014

Medtronic's headquarters

Medtronic Settles Lawsuits For $22M But Expects More Claims

Medtronic, which did not admit wrongdoing, expects to record a fourth-quarter charge of up to $140 million to cover its latest settlement and the estimated cost of additional settlements.

May 06, 2014

MN Medical Startups Are Attracting More Money

Industry group LifeScience Alley tallies $60 million raised in the first quarter, a 25 percent increase.

April 29, 2014

Reverse Outsourcing: State Aid Lures India Company To Dilworth

Axis Clinicals' plant will employ 100 workers at a former Wal-Mart site in Dilworth.

April 28, 2014

On Record Sales, Vascular Solutions Warns Of Legal Costs

Vascular Solutions reported a 15 percent jump in quarterly sales but costs tied to its ongoing legal battle with Boston Scientific caused the company to revise its earnings outlook.

April 23, 2014

Med-Tech Firm Receives FDA Warning Over Minnetonka Plant

The FDA sent a warning letter to American Medical Systems, identifying issues related to “process validation, risk analysis, and corrective and preventive action procedures.”

April 22, 2014

Techne Invests $10M In Startup And Eyes Acquisition

After making a $10 million equity investment in CyVek, Inc., Techne Corporation said it plans to acquire the entire company if it meets certain performance benchmarks.

April 07, 2014

Dale Wahlstrom

LifeScience Alley CEO Retiring; Replacement Named

Following Dale Wahlstrom's retirement, Shaye Mandle, currently executive vice president and chief operating officer, will take the reins.

March 19, 2014

Another MN Business Delists Shares, “Goes Dark”

ProUroCare Medical, Inc., said it is delisting its stock in order to cut administrative costs, and to allow it to explore a possible sale.

March 13, 2014

Manny Villafana

Minnesota Med-Tech 2.0

Despite new challenges, the industry is seeing substantial growth and renewed investment activity.

February 21, 2014

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