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Michigan’s Lycera Corp. raises a $36 million Series A round

PLYMOUTH, Michigan — The autoimmune drug-maker Lycera raised $36 million that will fund testing on two of its drugs, the company announced Thursday. One drug will go through Phase II proof-of-concept...

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Cleveland Clinic-backed Autonomic Technologies raises $20 million

MENLO PARK, California — InterWest Partners invested $20 million into Autonomic Technologies, a California-based neurostimulation company launched through innovations from the Cleveland Clinic’s...

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Minnesota’s CNS Therapeutics raises $7 million

WOODBURY, Minnesota — The early-stage pharmaceutical company CNS Therapeutics has raised $7 million, according to a filing with the Securities and Exchange Commission. Not much is known about the...

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CVRx reports positive four-year results for its anti-blood pressure device

CVRx Inc. in Plymouth, Minn. said Monday that hypertension patients using its Rheos stimulation device reported a sharp drop in blood pressure after four years. In a study presented to the European...

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FDA approves CNS Therapeutics drug to treat movement disorder

Drug companies are rare in medical-device crazed Minnesota. Even more rare is a startup that can win approval from the Food and Drug Administration, given the cost and regulatory hurdles of pushing...

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Minnesota drug developer CNS Therapeutics raises $3 million

On the heels of FDA approval of its new anti-spasticity drug Gablofen, CNS Therapeutics has raised $3 million in equity, according to documents filed with the Securities and Exchange Commission....

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Medicine in a microchip: Implant holds up to 400 doses, could replace needles

Earlier this summer, we saw the first “smart pill” from Proteus Digital Health receive U.S. […]

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St. Jude Medical acquires mini, leadless pacemaker technology with Nanostim buy

St. Jude Medical (STJ) announced it has acquired Nanostim, Inc., a California-based early-stage medical device […]

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Investors wager $47M more on a blood test to curtail unnecessary lung...

Integrated Diagnostics has an interesting proposal for a blood test. Instead of telling doctors that […]

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Benvenue Medical secures $40M Series E to beef up manufacturing, U.S....

Spine tech startup Benvenue Medical has secured a $40 million Series E, plus $24 million […]

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