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Thomas Lee

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MedCity News

Next on the lot...some lovely intellectual property, barely used

By Thomas Lee | 11/09/10
Beginning today in Napa, Calif., potential buyers can bid for intellectual property belonging to NeuroMEDx, a defunct medical-device startup based in St. Cloud, Minn.
MedCity News

Dispute over DNA patent could upend biotech industry

By Thomas Lee | 11/08/10
It hasn’t attracted too much attention yet but a case making its way through federal court to a sure fired date with the U.S. Supreme Court could obliterate the business models of biotech companies across the country.
MedCity News

NxThera Inc. raises another $2 million for prostate device

By Thomas Lee | 11/05/10
NxThera Inc. has raised $2 million from the sale of equity and warrants, according to documents filed with the Securities and Exchange Commission.
MedCity News

Minnesota medical companies score big with Therapeutic Discovery

By Thomas Lee | 11/04/10
Minnesota medical device and biotech companies won about $24 million in tax credits and grants from the Qualified Therapeutic Discovery program.
MedCity News

Cardiovascular Systems and ev3 settle employment dispute

By Thomas Lee | 11/03/10
Cardiovascular Systems Inc. and local rival ev3 Inc. have called a truce. According to the settlement, CSI will pay ev3, headquartered in Plymouth, $1 million.
MedCity News

University of Minnesota researchers find way to detect post-traumatic stress disorder

By Thomas Lee | 11/02/10
The University of Minnesota says its scientists may have identified an area of the brain that indicates a patient suffers from post-traumatic stress disorder.
MedCity News

Medtronic previews leadless pacemaker

By Thomas Lee | 11/01/10
The capsule-like device is slightly bigger than a penny but downright invisible compared to a regular pacemaker. Doctors apparently can control the device with a smart phone.
MedCity News

Is Boston Scientific selling the wrong business to Stryker?

By Thomas Lee | 10/29/10
Boston Scientific Corp. finally pulled the trigger Thursday, saying it would sell a major business to Stryker Corp. It just wasn’t the business Wall Street was expecting it to sell.
MedCity News

University of Minnesota startup to attack vein disease in legs

By Thomas Lee | 10/28/10
When Mike Selzer first reviewed the work of University of Minnesota scientist Dr.Erik Cressman — a way to kill cancer cells in the liver using chemical-generated heat — the veteran medical device executive was impressed.
MedCity News

Minnesota nurses union really doesn't like Tom Horner

By Thomas Lee | 10/27/10
I’ll say this about the Minnesota Nurses Association — the union sure knows how to hold a grudge. The group blasted Tom Horner, calling the Independence Party candidate for governor “disingenuous and borderline condescending.”