The raise, led by New Enterprise Associates, is the highest of any Minnesota company this year and brings the health care company’s total capital investment intake to over $1 billion.
Health Care + Med Tech
The company is selling the majority of the business unit to a New York-based investment firm for $650 million.
The distillate oil provides a safer option for vape users, according to the company.
The grant will allow St. Louis Park-based HabitAware to design and test a new sensor for its wearable device, which is aimed at stopping obsessive physical behaviors.
Once valued at more than $3 billion, Diplomat has seen its share of financial struggles recently.
The funding is aimed at accelerating commercialization of the Abilitech Assist, a device aimed at restoring mobility for people with upper-arm limitations.
The department has approved two new qualifying conditions for the state’s medical cannabis program.
Minneapolis Heart Institute Foundation Lands $5M Donation For Women’s Cardiovascular Health Research
The donation, made by Penny and Lee Anderson, is the largest single donation in organization’s history.
Minneapolis-based OneOme is partnering with a Walgreens Boots Alliance subsidiary to pilot its genetic testing tool in Holland pharmacies.
Vireo Health has named Shaun Nugent chief financial officer. He joins the company after stints at Sun Country Airlines and Life Time Fitness.
After joining the company 18 months ago, Witty has been named president of UnitedHealth Group.
Talent, land, and a supportive local government help drive high-paying jobs.
Spun off from the accelerator NuXcel, ShiraTronics is a med-tech startup working on migraine headache treatment.
The 81-year-old actress explained what drives her to civil disobedience during an appearance at Manova Summit.
The app is an updated version of the former Health4Me app. Features include the ability to directly schedule virtual visits with physicians.
The update, which draws on the U of M’s trademark gold and red, aims to create a clearer and more unified Fairview identity and highlight Fairview’s connection to the university.
As part of the launch, Starkey has rebranded its existing onsite clinic.
Under Excel’s “Lighthouse Program,” the Minneapolis health care nonprofit will work with Florida-based Excel Medical on improving clinical workflow-focused software platforms.