Rochester Medical, which develops urological devices, is the third Twin Cities med-tech company that C. R. Bard, Inc., has purchased in recent years.
Health Care + Med Tech
SurModics cut seven employees from its 115-member staff and expects to use the annualized savings to reinvest about $1 million into “growth initiatives.”
Fast-growing Snap Fitness has about 1,500 locations worldwide, and it said that the acquisition of Steele Fitness will help differentiate its offerings by adding “premium personal training.”
Medtronic is attempting to expand from a medical device company to a diversified provider of medical services.
Aside from campaign volunteers, fewer than a dozen people showed up to listen to the candidates on a steamy Sunday afternoon.
Since opening in March, the Mayo Clinic Business Accelerator has filled its offices with 16 tenants, including medical startups and venture capitalists.
Minneapolis-based Medafor, which develops medical devices used to control bleeding, is the second Twin Cities med-tech company purchased by C.R. Bard, Inc., in recent years.
The move marks a departure from Medtronic’s traditional emphasis on medical devices.
Jeff Bolton, who has served as chief financial officer of the health system since 2002, will succeed longtime Mayo executive Shirley Weis as chief administrative officer.
U.S. District Judge Joan Ericksen ruled against AGA Medical Holdings in a patent lawsuit involving a medical device used to treat heart defects.
Current state law prohibits the price of a plan from becoming public until its “effective date,” which was originally October 1 for plans included in MNsure.
Essentia Health and St. Luke's are leading Duluth employers.
GdB created “out-of-home” advertising for the campaign.
The Minnesota hearing aid maker is renovating its 122,000-square-foot facility to make room for future work force growth.
Uroplasty appointed its interim CEO, Robert Kill, to the roles of president and CEO. Chief Financial Officer Mahedi Jiwani—who was placed on leave during an internal review—has now retired.
Mark Dayton gets four appointments to the eight-member board.
Minneapolis has the ninth-most patent applications for every 10,000 metro residents in the world.
Mayo Clinic ranked third in the country, while four other Minnesota hospitals earned a “national ranking” on the recently released list.