Tag:

Minnesota

Latest Headlines

Latest Headlines

As tax looms, device companies mull layoffs, cuts

A substantial number of medical device manufacturers are already looking at price hikes, cost cuts and layoffs as a way to live with a new industry tax slated to hit next year, according to a new KPMG survey.

Minnesota boasts history in drug operations jobs

Although admittedly a minor player, Minnesota was adding pharma manufacturing jobs as late as 2008--before the add rate dipped in 2009. And in the five years preceding 2008, the North Star State saw

Supremes reject Pfizer appeal on hormone cases

In the long saga that is hormone-therapy litigation, the U.S. Supreme Court has refused to hear an appeal from several drugmakers who wanted state court lawsuits over the controversial drugs moved to

Burrill to Minnesota: No ink on that $1B biopark contract

Minnesotans are being advised to keep the bubbly under wraps for now. A potential billion-dollar backer may be at the table reviewing G. Steven Burrill's proposed biotech park in Rochester, but

Burrill gets "firm commitment" for $1B to back biotech park

After facing a rising level of skepticism in Minnesota over the fate of his plans for a billion-dollar biotech park, the high-profile G. Steven Burrill tells the hometown newspaper in Minneapolis

Klobucher, Paulsen caution FDA on changing 510(K) system

Who says Republicans and Democrats can't agree on anything? Sen. Amy Klobuchar and Rep. Erik Paulsen, both of Minnesota, are cautioning the FDA against making changes to its product approval process

Minnesota promotes 'sweet' tax credits

Minnesota delegates gave away bags of chocolate at last week's BIO convention to advertise the state's "sweet" new tax credit for angel investors in unproven businesses. The state has to compete with

Minnesota lawmakers face fight over pharma

Another day, another state seeking control over pharmaceutical sales. Actually, this is Minnesota, where lawmakers have already been pushing for restrictions on pharma's relationships with doctors.

Burrill bullish on the future of new $1B fund

The Post-Bulletin of Rochester, MN sat down with biotech banker G. Steven Burrill, who bullishly amplified on his plans to invest $1 billion into the Pine Island biotechnology project. As he

MN officials announce $1B biotech project

Minnesota officials have confirmed the launch of a biobusiness park near Rochester, along with a potential $1 billion in funding for the state's biotech sector. The 2,325-acre Elk Run biosciences