Minnesota’s public medical companies not named Medtronic are shrinking

Ernie Andberg has a little more free time on his hands these days.The long-time “emerging medical device companies” equity analyst for Feltl & Co. in Minneapolis has not seen a lot of companies emerging lately.In fact, they’ve been disappearing all together. Case in point: Medtronic Inc.’s (NYSE: MDT) deal last week to acquire ATS Medical [...]

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Synovis receives authorization to buy back 1 million shares

Device maker Synovis Life Technologies Inc. said its board of directors has authorized the company to repurchase up to 1 million shares of its common stock.Synovis’ board gave it plenty of leeway for the buyback. There’s no expiration date and no minimum purchase amount, according to a statement from the company.The company seeks to buy [...]

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Minnesota’s Synovis gets FDA clearance for blood-flow-measurement device

Synovis Life Technologies Inc. has received clearance from the U.S. Food and Drug Administration for a device that measures blood flow immediately after surgical procedures in which veins have been connected.

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