Tech Company Promises Sweet Dreams for Nightmare Sufferers

Feds say they'll fast-track review of NightWare Inc.’s nightmare-curbing app.

3M Acquiring Texas-Based Medical Device Co. Acelity

The estimated $4.3 billion deal, considered 3M’s largest ever, will improve 3M’s presence in the medical device space—the only area that saw sales growth in Q1.

A Breath of Fresh Air

Breathe99 is developing a high-tech breathing mask that offers protection—and looks cool.

RxFunction Seeking $12 Million in New Financing

Company won 2018 Tekne Award in medical device category.

Pops! Diabetes Care Kicks Off Commercial Launch of Phone Case Glucose Tester

After obtaining FDA approval in November, the five-year-old company is bringing to market its Pops! One system, which boasts a virtual care approach that’s less invasive than other offerings.

Minneapolis Lung Treatment Device Developer Nuvaira Raises $79M

The capital will go partly toward a U.S. clinical trial for Nuvaira’s Lung Denervation System, a new market-alternative treatment of cardiovascular obstructive pulmonary disease.

Medtronic Launches Mobile App Linking Pacemaker to Your Smartphone

In addition to debuting the MyCareLink Heart app this week, Medtronic also enrolled its first patient for a new study examining an alternative, safer solution to oral opioids for back pain treatment.

U of M Launches Startup Developing Bioengineered Tissue That Could Shake Up Medical Device Market

The Stillwater-based startup, Vascudyne Inc., will move to commercialize two cardiovascular-related products that utilize its novel technology: living replacement tissue made of skin cells.

Mayo Clinic Startup Phenomix Sciences Initiates $1M Seed Funding Round

The startup focuses on personalizing chronic disease treatment, and will use the investment money to commercialize a new blood-based test for obesity types in 2019.

Heart Valve Repair Co. NeoChord Closes $25M Series D

The St. Louis Park-based company’s products treat mitral valve regurgitation, a common heart malfunction experienced by Americans.

Remembering Earl Bakken, the Founder of Modern Medical Technology

At the age of 94, Columbia Heights native Earl Bakken passed away on Sunday. Many on Monday are remembering him for his positive (and oftentimes life-saving) contributions.

Three Figures Who Knew Earl Bakken Recall His Legacy

Former Medtronic CEO Bill George, Medical Alley Association Shaye Mandle, and David Rhees, the retired director of The Bakken Museum, offer up their thoughts on Earl Bakken.

University of Minnesota Partners with Canadian Startup to Advance Development of Alzheimer’s Detection Tech

Combining RetiSpec’s machine learning program with the U of M’s imaging system is expected to accelerate time-to-market for a groundbreaking Alzheimer’s detection tool.

Low-Shock Defibrillator Maker Cardialen Inc. Raises $17M

The Minneapolis-based medtech startup’s lifetime financing now tops $30 million.

4C Medical Technologies Wraps $17M Series A

The new capital will allow the Brooklyn Park heart therapies maker to hire up to ten new workers, expand into a larger headquarters, and fund new rounds of further testing of its AltaValve device.

Starkey’s New Hearing Aid Uses AI Tech, Doubles as Activity Tracker

The hearing aid maker’s new Livio AI product, the “world’s first multi-use hearing aid,” features improved sound elements and 3D motion sensors for health tracking.

Southeast Minnesota Angel Fund Reaches $2M Fundraising Goal, Backs Mayo Spin-Off

The fund has invested $500K so far; Ambient Clinical Analytics is the latest recipient.

Rochester Startup OmniTier Looks to Speed Up Whole-Genome Sequencing

OmniTier says its new tech platform has big implications for the spread of personalized medicine.

Urology Startup Urotronic Raises $20M

Capital from Urotronic's biggest funding round yet will help advance its work on a drug-coated medical balloon meant to provide a safer treatment for urethra blockages.

U of M Offers Breakthrough Cryo-Preservation Technology for Licensing

The platform allows health researchers to bring zebrafish embryos to life after freezing.

Masonic Cancer Center at U of M Goes All-In on Booming Microbiome Research Field

A new 13-member research team will analyze the relationship between gut bacteria and colon cancer.

Minneapolis Health IT Co. Sansoro Health Raises $8M

Sansoro will use the new capital – contributed by existing investors and lead investor of the round LRVHealth – to grow efforts to improve data integration for electronic health records.

HabitAware Receives $300,000 Grant to Advance Work Treating Hair-Pulling Disorder

The Minneapolis-based startup will use the National Institute of Mental Health grant toward further development of its wearable device that treats impulsive behaviors.

UnitedHealth Group May Buy Genoa Health in Estimated $2 Billion-Plus Deal, Says Source

Nothing has been confirmed yet, but a report from Axios indicates the Minnesota-based insurance giant will buy Washington-based pharmacy company Genoa Health.

Cardiovascular Systems Posts First-Ever Annual Profit

Company also inks deal to co-develop laser device to treat arterial disease.

Mayo-Backed Medtech Startup NeuroOne Seeking $10M

The Eden Prairie-based company specializing in brain issue detection is in the midst of a hefty fundraising campaign. The first investment was obtained early this month, with more than $9 million more to go toward its target.

Trio of Minnesota Stem Cell Startups Receive State-Funded Commercialization Grants

Miromatrix, Superior Organoid, and MNPHARM each landed $100,000 regenerative medicine awards.

Implantable Organ Developer Miromatrix Medical Raises $15.7M

The company is working towards clinical trials for its implantable kidney and liver products.

Mayo Clinic Researcher Cites Positive Results for Cologuard-Style Liver Cancer Test

A collaboration between Mayo and Exact Sciences is yielding accurate blood DNA tests for treatable cases.

Mayo Spin-Off Ambient Clinical Analytics Eyes Euro Markets with Dutch Backer

Noaber Foundation led a $1.5 million venture round for the digital health platform.

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