Contact Us

Medical Technology

Diversifying the regional economy beyond healthcare is a primary impetus for the Journey to Growth initiative. That said, it would be shortsighted to ignore the opportunities for growth in areas related to healthcare given the high concentration of skilled medical workers in the region, the opportunity to leverage Mayo Clinic’s buyer/supplier network, and peripheral opportunities created by Mayo’s Destination Medical Center plan.

The Medical Technology target is divided into two niches: Healthcare Delivery and Targeted Medicine. Healthcare delivery concerns the optimization of the actual process of delivering healthcare to the patient, including new technologies to connect patients to information, treatment options, and wellness strategies. For example, patients can now go online to access personalized health portals where they can manage all aspects of their care and wellness regimens. Targeted Medicine reflects our region’s strong basis of research focus on individualized and regenerative medicine, as well as the potential to commercialize research into new enterprise development and manufacturing employment. Regional employment in Targeted Medicine has seen significant growth in the last decade and we expect continued opportunities for additional high growth start-ups and corporate partnerships.

Medical Technology

Bard Medical, Stewartville, Minnesota

www.bard.com

Cerner Corporation, Rochester, Minnesota

www.cerner.com

COMPASS International Innovations, Inc., Rochester, Minnesota

www.ciimedical.com

EchoMetrics, Rochester, Minnesota

www.echo-metrics.com

Hormel Institute, Austin, Minnesota

www.hi.umn.edu

Imanis Life Sciences, Rochester, Minnesota

www.imanislife.com

LimbLab, Rochester, Minnesota

www.limblab.com

Mayo Clinic, southeastern Minnesota

www.mayo.edu

Medical Innovations International, Inc., Rochester, Minnesota

www.medicalinnovations.com

MillCreek Life Sciences, Rochester, Minnesota

www.millcreekls.com

Olmsted Medical Center, southeastern Minnesota

www.olmstedmedicalcenter.org

Osborn Medical Corporation, Rochester, Minnesota

www.osbornmedical.com

Pharmaceutical Specialties, Inc., Rochester, Minnesota

www.psico.com

Prosthetic Laboratories, Rochester, Minnesota

www.plor.net

ReGen Theranostics, Inc., Rochester, Minnesota

www.regentheranostics.com

Rochester Home Infusion, Rochester, Minnesota

www.rochesterhomeinfusion.com

Waters Medical Systems, Rochester, Minnesota

www.wtrs.com

Xcede Technologies, Rochester, Minnesota

www.xcedetech.com

The Economic committee will hold a series of industry Roundtables throughout the next year. The first roundtable was food and dairy on March 1, 2016. The second will cover manufacturing on May 31, 2016.