Minnesota aka Medical Alley

Medical Alley

1 of 6 great places of invention as recognized by The Smithsonian – the only one for healthcare

Innovation

Medtronic got its start in a garage In the 1950s when Earl Bakken developed the first external, wearable battery-powered heart pacemaker.

Incubators, Accelerators 

Launch Minnesota – Serves as entry point for innovators, startups; offers innovation grants; helps startups access capital, connect with resources, expertise, training

24+ accelerators, incubators

Help startups across the state; University Enterprise Laboratories serves as an incubator for early-stage companies in life sciences, biotech, and other science/technology industries

#1 in medical device patents per capita

#7 in overall patents per capita

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Healthcare

1,000 healthcare companies call the state home

500,000+ Minnesotans employed by healthcare companies

Medtech

470 medical device establishments

32,6000+ employed in medical device industry

Leading Life Science Companies in the State

3M • Abbott • Boston Scientific • Coloplast • Ecolab • Mayo Clinic • Medtronic • Protolabs • Olympus • Smiths Medical • Starkey Hearing Technologies • Takeda • UnitedHealth Group • Upsher-Smith

Source: https://mn.gov/deed/joinusmn/key-industries/leading-life-sciences