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Joe Carlson

Reporter | Medical technology
phone: 612-673-4779
Joe Carlson writes about medical technology and the Minnesota companies that design and sell healthcare devices. A Twin Cities native, he most recently covered the business of healthcare for Modern Healthcare magazine in Chicago.
Recent content from Joe Carlson
With acquisition pending, St. Jude Medical's rivals 'licking their lips,' analyst says

With acquisition pending, St. Jude Medical's rivals 'licking their lips,' analyst says

Its largest division has already taken a hit, and the complexity of a merger hasn't started yet.

Boston Scientific agrees to pay $275M to settle tax dispute

Just days before trial, medical device maker Boston Scientific Corp. has agreed to pay the Internal Revenue Service $275 million plus interest to settle more…
Feds taking a close look at Abbott's proposed purchase of St. Jude Medical

Feds taking a close look at Abbott's proposed purchase of St. Jude Medical

Regulators want a closer look, but the two expect it finalized by year's end.
Medtronic invests another $20 million in Mazor Robotics

Medtronic invests another $20 million in Mazor Robotics

Move comes as Mazor Robotics is set to announce a new guidance system.
In letter to Franken, FDA defends handling of Medtronic's Infuse study

In letter to Franken, FDA defends handling of Medtronic's Infuse study

Franken had asked it questions about late Medtronic report.

Coloplast pays $600,000 to settle price data allegations

It will pay $600,000 for allegedly missing deadlines to report price information.

Boston Scientific adds new warnings to surgical-mesh devices

The company faces more than 36,000 product liability cases related to the devices.
Medtronic could see $3 billion from favorable tax ruling

Medtronic could see $3 billion from favorable tax ruling

A judge sided with the company in a yearslong dispute with the IRS.

Congentix boardroom battle is over, but uncertainty remains

Lewis Pell's proxy challenge prevailed and now shareholders wonder about the next chapter.
Medtronic touts progress in insulin pump trial

Medtronic touts progress in insulin pump trial

The company said a trial with a new insulin pump showed progress in controlling glucose levels.

Senators press Justice Department on 'questionable actions' in Vascular Solutions case

Senators press Justice Dept. on its prosecution of Vascular Solutions.
Medtronic buys Twin Cities start-up firm Responsive Orthopedics

Medtronic buys Twin Cities start-up firm Responsive Orthopedics

Deal for Mpls. firm comes as hospitals look for lower-priced joint-replacement options.

Cogentix Medical could be delisted from Nasdaq exchange

A proxy fight and related management shake-up at Minnetonka-based Cogentix Medical has led to a warning letter from Nasdaq saying the company could be delisted…
Minneapolis Heart Institute Foundation leads effort to train heart surgeons in Ethiopia

Minneapolis Heart Institute Foundation leads effort to train heart surgeons in Ethiopia

Ethiopia lacks trained surgeons to combat rheumatic valvular heart disease in kids. A Minnesota-led effort is changing that.
Investors continue to be wary of Medtronic operating margins

Investors continue to be wary of Medtronic operating margins

It topped earnings estimates, but investors continue to focus on a lagging operating margin.
Medtronic adds Qualcomm to its growing diabetes partner list

Medtronic adds Qualcomm to its growing diabetes partner list

It will work with Qualcomm to develop devices to transit glucose levels in real time.
St. Jude Medical's stroke prevention device recommended for FDA approval

St. Jude Medical's stroke prevention device recommended for FDA approval

FDA-convened panel said stroke-prevention product appears safe and effective.
Growing health care companies are most valuable on the Star Tribune 100

Growing health care companies are most valuable on the Star Tribune 100

Health care is big business in America — 17.5 cents of every dollar spent in the U.S. in 2014 went to pay for it. Minnesota…
Medtronic says failure to report Infuse data was unintentional

Medtronic says failure to report Infuse data was unintentional

Franken, Klobuchar had sought explanation of how review was misplaced, findings unreported.
Medtronic buys Smith & Nephew gynecology unit, invests in robotics firm

Medtronic buys Smith & Nephew gynecology unit, invests in robotics firm

The medical device maker said gynecology is among the most underserved specialty procedure areas.
Is more monitoring better for Type 1 diabetes patients?

Is more monitoring better for Type 1 diabetes patients?

The nonprofit Children's Minnesota health system is in the midst of a yearlong clinical trial looking at monitoring of hour-by-hour glucose trends each week, instead of each quarter
Med-tech partnership promotes Minnesota as a place to do business

Med-tech partnership promotes Minnesota as a place to do business

The group is part of an Obama administration initiative to help spur manufacturing in the U.S.
Obituary: Med-tech entrepreneur Ed Schuck loved fly fishing and humor

Obituary: Med-tech entrepreneur Ed Schuck loved fly fishing and humor

Ed Schuck got a new lung in 2003, and he put it to good use. The south Minneapolis native and med-tech entrepreneur used his transplanted…
Twin Cities med-tech start-up looks to shake up orthopedics market

Twin Cities med-tech start-up looks to shake up orthopedics market

Responsive hopes to make the costs of knee and hip devices more reasonable.
Medtronic selects Karen Parkhill as new chief financial officer

Medtronic selects Karen Parkhill as new chief financial officer

Just a year after executing the biggest med-tech acquisition ever, Medtronic PLC is hiring a new chief financial officer with a deep background in banking.…
Abbott is counting on growth turnaround at St. Jude Medical

Abbott is counting on growth turnaround at St. Jude Medical

New products that are not yet approved by regulators are key to making the deal work.
Abbott's $30 billion deal for St. Jude Medical not seen as job killer

Abbott's $30 billion deal for St. Jude Medical not seen as job killer

The shareholders of the last giant medtech company based in Minnesota are being rewarded with a giant premium.
Boston Scientific's first-quarter results beat estimates, stock rises

Boston Scientific's first-quarter results beat estimates, stock rises

Shares spiked 11 percent as earnings beat expectations.
Medtronic's Micra pacemaker wins approval for sale in U.S.

Medtronic's Micra pacemaker wins approval for sale in U.S.

Medtronic PLC scored an industry first this month with U.S. approval to start selling its leadless pacemaker, Micra, which represents the first entry in what…
St. Jude Medical beats analysts' earnings estimates for quarter

St. Jude Medical beats analysts' earnings estimates for quarter

The company's stock jumped as St. Jude offset woes in heart devices.

Medtronic recalls breathing monitor batteries

One of the bedside breathing units overheated, caught fire.

Minnesota Supreme Court agrees to hear Medtronic appeal in shareholder lawsuit

At issue is reinstatement of shareholder suit tied to company's "inversion."
Sen. Franken pushes Medtronic, FDA for Infuse study details

Sen. Franken pushes Medtronic, FDA for Infuse study details

Company has said review of its Infuse product did not reveal any new types of problems.
Question of risk: Medtronic's lost Infuse device study

Question of risk: Medtronic's lost Infuse device study

Medtronic collected data on thousands of patients given its Infuse device, uncovering complications. The problems went unreported for years – even as scrutiny intensified.
Mayo Clinic, Boston Scientific team up to develop devices

Mayo Clinic, Boston Scientific team up to develop devices

Clinic, device maker have been collaborating on products and are set to publicize the effort.
Device-maker Coloplast is 'building on strength'

Device-maker Coloplast is 'building on strength'

Coming off a rough stretch, the device maker is aiming for the growth that has been a hallmark.
FDA wants to know more about St. Paul firm's plan for Zika virus test

FDA wants to know more about St. Paul firm's plan for Zika virus test

MD Biosciences seeks to sell a service that will test for virus.
MD Biosciences develops Zika diagnostic test in Twin Cities

MD Biosciences develops Zika diagnostic test in Twin Cities

MD Biosciences worked for 6 weeks on diagnostic exam that is attracting interest

Twin Cities device maker settles discrimination suit for $1 million-plus

Company continues to deny allegations it avoided women and applicants over 40 for sales jobs.
Medtronic argues Supreme Court should boot shareholder lawsuit

Medtronic argues Supreme Court should boot shareholder lawsuit

The plaintiff alleged company directors hid information about the move to Ireland and ignored a tax hit for its shareholders.

Closure of Eden Prairie-based Astora Women's Health affects about 130 workers

Decision comes after continuing litigation over mesh products.
Medtronic defends merger progress despite slipping profit margin

Medtronic defends merger progress despite slipping profit margin

Medical device maker Medtronic PLC reported adjusted earnings of $1.06 per share Tuesday morning, meeting Wall Street expectations but dipping by 1 percent compared to the same quarter last year.
HCMC rolls out new machine to help get a better read on wounds

HCMC rolls out new machine to help get a better read on wounds

At HCMC, new machine gives key images gauging circulation.
Post-move Medtronic has been on the go

Post-move Medtronic has been on the go

The device maker has made deals aplenty since shifting its HQ to Ireland.
Vascular Solutions, CEO acquitted of federal charges in off-label case

Vascular Solutions, CEO acquitted of federal charges in off-label case

Minn. CEO calls legal attack "obscene" in berating U.S. prosecutors
Noting unknowns, FDA panel urges scrutiny of tiny pacemakers

Noting unknowns, FDA panel urges scrutiny of tiny pacemakers

Tiny pacemakers, some Minnesota-made, will undergo deep scrutiny.

Medtronic receives FDA approval for Parkinson's therapy

The OK allows for earlier treatment than before.
St. Jude Medical gets FDA approval for new heart-device technology

St. Jude Medical gets FDA approval for new heart-device technology

Company hopes its MultiPoint Pacing technology will become the next standard for care.
FDA panel to determine how to best test new pacemakers from St. Jude, Medtronic

FDA panel to determine how to best test new pacemakers from St. Jude, Medtronic

High hopes are riding on a new generation of tiny pacemakers, but the Minnesota med-tech companies that make them will be working this week to convince medical experts that the devices can be safely tested and eventually extracted from patients' hearts.
Medicare gives boost to Boston Scientific's device to help prevent strokes

Medicare gives boost to Boston Scientific's device to help prevent strokes

Stroke-prevention device was developed in the Twin Cities.
Medtronic gets FDA approval for MRI-safe defibrillators

Medtronic gets FDA approval for MRI-safe defibrillators

FDA gives company approval to sell MRI-safe CRT defibrillators.
Medical device makers face challenge of falling prices

Medical device makers face challenge of falling prices

At a time when U.S. health care costs have been rising faster than inflation, the prices for many medical devices have been dropping.
Heart devices dent quarterly revenue as Boston Scientific looks for growth in 2016

Heart devices dent quarterly revenue as Boston Scientific looks for growth in 2016

Sales of cardiac devices missed fourth-quarter projections, but new products are coming in '16.
St. Jude earnings beat forecast, but revenue falls short

St. Jude earnings beat forecast, but revenue falls short

The company is facing new competition in pacemakers, one of its biggest products.

Minnesota appeals court revives legal challenge to Medtronic deal

An appeals panel said a lower court was wrong to throw out 11 claims tied to the deal that moved the company to Ireland.

2015 was a good year for Minnesota's health technology companies

Medical Alley tally for last year was highest since at least 2009.

St. Jude Medical issues advisory on Optisure leads

Problem with defibrillation leads could cause serious health issues.

Tax settlement could cost Medtronic $220 million

Settlement would resolve leftover Covidien dispute.
Medical device makers get into the ad game, heating up ethics debate

Medical device makers get into the ad game, heating up ethics debate

Big pharma is no stranger to the ad world and will spend $4.5 billion this year trying to get you to ask your doctor. Now, device makers are entering the game.

St. Jude says earnings within estimates despite lower sales of heart-rhythm devices

Sales in its largest division, heart-rhythm devices, fell 10 percent in quarter to $580M.
With $9 billion in freed-up funds, Medtronic plans to spend $5 billion on share buybacks

With $9 billion in freed-up funds, Medtronic plans to spend $5 billion on share buybacks

The company cited the Covidien merger for freeing up $9.3B that it can deliver to shareholders.

C.R. Bard will close catheter plant in Stewartville, eliminating 185 jobs

Catheter factory will shut down by 2017, cutting about 185 jobs.
EBR Systems aims at left side of heart with device powered by sound waves

EBR Systems aims at left side of heart with device powered by sound waves

An implanted electrode could solve problems of traditional pacemakers for the left side of the heart.

In light of FDA rules, pelvic mesh devices face uncertainty

FDA requirements could force an industry shakeout

Pharmaceutical giant Takeda plans first U.S. plant in Brooklyn Park

A state official says the Japanese company may apply for as much as $2 million in state incentives.
There's something about the Twin Cities that attracts workers

There's something about the Twin Cities that attracts workers

The metro area rarely misses out on lists of best places to live and work.
University of Minnesota volunteer group looks to kick-start development of medical devices for kids

University of Minnesota volunteer group looks to kick-start development of medical devices for kids

Its focus is on getting new medical devices to market.

Med-tech group returns to Medical Alley roots

Med-tech group goes back to its old name, and roots.

Coloplast Corp. pays $3 million to settle kickback lawsuit

Minneapolis-based Coloplast Corp. is paying $3 million to settle allegations that the company made illegal payments to cause thousands of senior citizens to switch to…

Ex-Boston Scientific engineer sentenced to 10 months for stealing secret company plans

Man stole company plans worth $4.3 million from offices.

Former Boston Scientific engineer to be sentenced for stealing trade secrets

The question of the stolen designs' value will weigh heavily on the length of defendant's sentence.
Family of 4 killed in crash on drive home from Christmas visit

Family of 4 killed in crash on drive home from Christmas visit

"The whole entire family in that house is gone. Nothing is left," said a friend of the Columbia Heights family.

Inspire Medical Systems making progress with its sleep-apnea treatment

Inspire Medical Systems product is being offered by more doctors and hospitals.
FDA approves new uses for Medtronic's Infuse Bone Graft

FDA approves new uses for Medtronic's Infuse Bone Graft

Infuse, used in 1 million people since 2002, is company's largest product liability headache.
Boston Scientific recalls Chariot Guiding Sheaths, citing complications

Boston Scientific recalls Chariot Guiding Sheaths, citing complications

Boston Scientific said parts of the device can break off.
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