IoT Gives Minnesota Companies a ‘Smart’ Way to Do Business
Wednesday, April 10, 2019
Minnesota companies are on the front lines of the IoT revolution
A University of Minnesota spinout company is working to develop an artificial liver that could dramatically reduce the number of patients who die waiting for a liver transplant.
Another Minnesota company has developed a novel means of delivering primary care to low-income seniors, keeping them healthy while saving them money.
These are just two examples of the innovations emerging from Minnesota’s health and bioscience industry – with a direct and indirect annual economic impact of $23 billion and 167,000 jobs – is one of the largest in the country, according to industry advocacy organization Medical Alley Association.
In fact, Minnesota ranks first among states for medical device patents per capita and second for bioscience-related patents.