Staff Directory 8532056

Burl Gilyard

Medtronic/medtech reporter | Medtech
Phone: 612-673-4756
Recent content from Burl Gilyard
Similac baby formula on the shelves at Shaker’s IGA in Olmsted Falls, Ohio.

Minnesota parents still struggling to find infant formula amid shortages

Abbott's Similac recall complicated an already tight supply of the crucial infant nutrition.
Medtronic notified health care professionals this week that three patients using the HeartWare ventricular assist device had experienced a problem lat

Another problem appears for Medtronic's HeartWare device

The company and government examined three instances when HeartWare users experienced pump thrombosis, a severe malfunction.
Boston Scientific facility in Arden Hills, Minn.

Boston Scientific raises full-year outlook as medical procedures regain momentum

Company posted first-quarter profit of $97 million.
The ablation catheter manufacturing clean room at Abbott Labs in Plymouth, Minnesota. GLEN STUBBE • glen.stubbe@startribune.com Wednesday, May 12, 2

Abbott Labs' profits jump on high winter demand for at-home COVID-19 tests

The medtech and diagnostics company with a sizable Minnesota presence saw profits rise 36.5%, but a Similac infant formula recall dampened its outlook.
Spectranetics research and development chemists Kate Kaiser and Heather Mooney performed quality control tests on the company’s Stellarex drug coate

Medtech makers say law change on R&D expenses hurts patients, innovation

Medtronic, Medical Alley and others in innovation-driven industries object to a tax law they say hinders life-changing developments.
Mike McCormick is CEO of Osprey Medical, which makes a device that reduces excessive spillover of diagnostic dye during angioplasty procedures in at-r

Why are there so many Australian med-tech companies in Minnesota?

The med-tech connection between Minnesota and Australia keeps expanding, building on a history of shared specialties.
The Southeast Minnesota Capital Fund is focusing on Rochester companies.

Rochester investment fund focuses on medtech, life sciences startups in region

Most of Minnesota's investment funds are headquartered in the Twin Cities, but Rochester group seeds companies largely in the southeast corner of the state.
File photo of the U.S. Food and Drug Administration building in Silver Spring, Md.

Congressional subcommittee examines FDA handling of troubled Medtronic device

HeartWare was pulled from the market last year as growing clinical research suggested higher rate of stroke and death among patients with device.
A Twin Cities medtech startup, Egg Medical Inc., is building up sales of a new product called the EggNest that’s overlaid on an exam table to shield

Egg Medical hatches technology to shield health care workers from radiation

The Arden Hills company has landed $13 million in financing.
Scott Ward, chief executive of Cardiovascular Systems Inc.

Minnesota's Cardiovascular Systems looks to add new products, broaden its business

The New Brighton medical technology firm, reliant chiefly on a single product over the last three decades, plans eight new ones in coming years.
Medtronic’s headquarters in Fridley in 2011.

Medtronic taps new leader for troubled diabetes division

Que Dallara joins the company from Honeywell. The med-tech giant also appoints two new unit presidents.
A pharmacy technician works at a pharmacy in Rohnert Park, Calif., Sept. 17, 2015.

Minnesota pharmaceutical firm launches new drug — and with it, a rare disease unit

ANI Pharmaceuticals, a publicly traded company in Baudette, reported lackluster earnings Tuesday, but hopes new anti-inflammation medication will boost growth.
By tracking eye movement, the FDA-approved EyeBox can help diagnose a possible concussion in less than four minutes, the New Richmond, Wis.-based medt

Minnetronix partners with Wisconsin company to launch concussion diagnostic device

EyeBox secured its latest FDA clearance in January for the small machine that tracks eye movement to detect a possible brain injury.
Sleep Number showcases its 360 smart bed at the 2020 Consumer Electronics Show.

Sleep Number makes partnership to study any links between sleep patterns, cancer

Minneapolis-based company has partnered with American Cancer Society for six-year research project.
The University of Minnesota in Minneapolis. In the latest Consumer Price Index, college tuition and fees were up 1.9% in January vs. a year-ago.

Today's inflation jolt hides the long-term strain of costs of services on Minnesotans' wallets

Big increases on meat and gas feel bad now, but hikes in costs of services have been far greater over time.
Scott Longval, CEO of Intricon, said the deal with Altaris will allow the company to accelerate the advancement of its manufacturing capabilities.

Arden Hills' Intricon selling for $241 million to private-equity group

Buyer Altaris Capital Partners is majority owner of Minnetronix Medical.
Medtronic is working with Amazon Web Services on an initiative to provide more colorectal cancer screening in underserved parts of the U.S.

Medtronic donates new product to cancer screening in underserved areas

An outreach program to detect colorectal cancer, which affects Black people disproportionately, came as Medtronic disclosed mixed financial results.
Manny Villafana is trying to build his eighth medical startup company, Medical 21.

St. Jude founder and Minnesota med-tech trailblazer is driven by heart

By every measure, Manny Villafana has had a successful career, but the serial entrepreneur is not done yet.
Construction began last summer on Boston Scientific’s expansion, with the company doubling its manufacturing space in Maple Grove. Completion is exp

Boston Scientific's manufacturing expansion underway in Maple Grove

The company announced fourth-quarter results and outlined expansion details for its manufacturing facility in the Twin Cities suburb.
Boxes of BinaxNow home COVID-19 tests made by Abbott are shown for sale on Nov. 15, 2021, at a CVS store in Lakewood, Wash.

Abbott Laboratories, maker of at-home COVID tests, reports strong growth

Sales of pandemic-related products accounted for 20% of its fourth-quarter revenue.
Medtronic’s operational headquarters in Fridley.

FDA: Medtronic slow to update, recall defective insulin pumps for diabetes patients

The medical device company, with its operational headquarters in Fridley, said it is working to comply with the FDA findings.
The Hugo RAS System from Medtronic includes a surgeon console, surgical tower and robotic arms.

Despite delays, Medtronic remains bullish on its robot system, Hugo

Manufacturing and supply chain constraints delayed shipments to new European customers, but the company says demand remains high.
Medtronic’s headquarters in Fridley in 2011.

Medtronic to acquire Affera, a cardiac arrhythmia technology firm, for $925 million

Affera makes cardiac mapping and navigation systems and catheter-based cardiac ablation technologies.
University Enterprise Labs in St. Paul

Greater MSP competing to land $100 million for biotech business cluster

The development organization named a finalist in federal competition.
Tim Herbert, chief executive of Inspire Medical Systems, holding the company’s implantable device and its remote control, which was recently approve

With no competition, Minnesota maker of sleep apnea device doubled sales last year

Golden Valley-based Inspire Medical Systems saw demand soar for its implantable treatment in 2021.
Green Thumb is buying Leafline, including its cannabis cultivation facility.

National cannabis retailer Green Thumb buys Minnesota's LeafLine

New owner looks to grow state's small number of medical cannabis patients
Switchback Medical is moving into the former headquarters of Egan Co., a commercial contractor, in Brooklyn Park.

Brooklyn Park picks up two more medtech firms: Switchback Medical and Cretex

The northern suburb is becoming home to more of the region's medical manufacturers.
Two Discovery Square, on the left, will be connected to One Discovery Square, on the right, through a ground-level glass atrium.

Two Discovery Square to open for next wave of biotech collaboration with Mayo Clinic

Adjacent One Discovery Square is completely full
Agiliti CEO Tom Leonard in front of the New York Stock Exchange on April 23, the day the Bloomington-based company went public.

In busiest year for IPOs in decades, Minnesota firms deliver mixed returns for investors

Many companies stumbled after going public, floundering under investor scrutiny.
The Medronic logo was reflected in a lake at the Minnesota headquarters in Fridley in 2019. The legal headquarters of Medtronic is in Ireland.

FDA issues warning to Medtronic's diabetes business

Federal regulators raised concerns over how the business division handled complaints, assessed product risks and dealt with recalls.
Julianne Hough, left, and Nina Dobrev are two of the founders of Fresh Vine Wine, a Plymouth-based company that undertook an IPO on Tuesday.

Fresh Vine, a wine maker with a Minnesota address, has a rough debut on Wall Street

The value of Fresh Vine Wine, the eighth Minnesota company with an IPO this year, dropped 30% in its first day of trading.
MGC Diagnostics headquarters in Vadnais Heights.

Vadnais Heights medtech firm adds German operation with latest acquisition

Lemon Medical in Hammelburg, Germany, is the third acquisition in three years for MGC Diagnostics.
Cardiovascular Systems’ headquarters in New Brighton.

Cardiovascular Systems recalls Wirion medical device

Company expects to take $2.5 million charge
Medtronic’s Fridley headquarters.

Medtronic lowers sales outlook for the year amid pandemic's persisting impact

Profits topped expectations and emerging markets saw solid growth despite COVID-19 continuing to quell U.S. growth.
Northern Minnesota's ANI Pharmaceuticals closes on largest-ever acquisition

Northern Minnesota's ANI Pharmaceuticals closes on largest-ever acquisition

Generic drugmaker paying $197 million for New Jersey-based Novitium Pharma, the largest-ever deal in the publicly traded company's history
Doctors can log on to a special Amazon portal to order a PillCam from Medtronic, which can then be shipped directly to a patient’s home.

Medtronic partners with Amazon to bring the PillCam to your door

Remote endoscopy technology signals a new frontier for Minnesota medtech giant
Lambeau Field is seen prior to kick-off of an NFL football game between the Green Bay Packers and Seattle Seahawks on Sunday.

Green Bay Packers kick off 'stock' sale

The Green Bay Packers kicked off a common "stock" sale on Tuesday. But the team, selling 300,000 shares at $300 per share, is quick to note: It's not really stock.
Cardiovascular Systems Inc.’s New Brighton headquarters.

New Brighton-based Cardiovascular Systems hampered by COVID-19's grip on hospitals

The prolonged pandemic continues to overburden medical facilities, limiting growth for the medical device company.
A Canadian Pacific train in downtown St. Paul last month. Canadian Pacific told transportation regulators it will close its U.S. headquarters in Minne

Canadian Pacific outlines closure plans for U.S. HQ in Minneapolis after merger

Many of its downtown Minneapolis workers will be offered a chance to move to the combined company's new headquarters in Kansas City.