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SECTORLANDSCAPES
Leading the conversation.
RESEARCH TOOLS
2015
About LifeScience Alley
LifeScience Alley is a global leader in enabling health technology and care organizations
to innovate, succeed and influence the evolution of healthcare. By influencing policy,
delivering actionable information and intelligence and connecting members with critical
resources, we work to ensure that Minnesota's Medical Alley remains the world's
strongest health technology community.
SECTOR LANDSCAPES: RESEARCH TOOLS
Copyright © 2015 by LifeScience Alley. All rights reserved.
About Sector Landscapes Publications
The Sector Landscapes provide in depth analysis of emerging and established industry
sectors in Minnesota. The reports highlight global industry insights, Minnesota core and
supporting assets, unique positioning, company lists, and industry trends. Identified sector
areas include: neuromodulation, cardiac active implantables, tissue based products,
research tools, animal health, diagnostics, vascular technologies, and digital health.
List of Contributors
PLEASE DIRECT CORRESPONDENCE TO:
Cheryl Matter, PhD, Vice President of Research & Intelligence, LifeScience Alley
cmatter@lifesciencealley.org | 952.746.3817
Emily Tubman, Market Analyst, LifeScience Alley
University of Minnesota Biomedical Engineering PhD Candidate
Primary Researcher & Author
Bridget Wall, PhD, LifeScience Alley Consultant
Secondary Researcher & Author
Amanda K. Weber, Design & Research Associate, LifeScience Alley
Research Visualization & Design
LifeScience Alley's intelligence and research work is generously supported by our
Foundational and Sustaining Members.
Foundational Members
Sustaining Members
The Research Tools sector in Minnesota is composed of 27 companies
distributed among the following fields, with the largest proportion in the
cell biology space.
	 + Cell Biology (13)
	 + Instrumentation (4)
	 + Materials / Chemistry (3)
	 + Supporting (7)
The sector is bolstered by the success of R&D Systems, a mature
Minneapolis-based research tools company that started in the 1970’s.
However there are a number of emerging, innovative companies that
started in the 2000s.The University of Minnesota, the Mayo Clinic,
and the technical workforce generated by the existing medical device
and engineering industries provide an excellent talent pool of potential
employees and development partners. Lastly, incubators that provide
affordable wet lab and office space, as well as tax credits for R&D and
angel investors, promote growth and investment in this burgeoning
industry.
EXECUTIVE SUMMARY
five companies
ten companies
fifteen companies
1971
1999
1915-2015
MINNESOTA RESEARCH TOOLS INDUSTRY GROWTH OVER 100 YEARS
[1] NATIONAL CONTEXT OF AVAILABLE
RESEARCH TOOLS
1
The US is the world leader in the Research Tools sector, with revenues
from the top seven companies reaching nearly $50 billion in 2014.
US RESEARCH TOOLS COMPANIES 2
[2] MINNESOTA RESEARCH TOOLS COMPANIES 5
Minnesota has twenty-seven Research Tools companies and has been
growing drastically since the early 2000s.
MINNESOTA INDUSTRY 6
DEFINITIONS OF RESEARCH TOOLS COMPANIES BY CATEGORY 6
SPOTLIGHT ON R&D SYSTEMS 8
SPOTLIGHT ON EMERGING RESEARCH TOOLS COMPANIES 9
[3] INSIDE THE MINNESOTA RESEARCH TOOLS
SECTOR
11
The diversity of technical expertise, concentration of incubators and new
tax incentives have encouraged a robust start-up economy in Minnesota.
STATE & REGIONAL CLUSTERS OF RESEARCH TOOLS 14
TECHNICAL EXPERTISE 15
SUPPORTING INFRASTRUCTURE 18
INCUBATORS 20
TAX INCENTIVES 21
[4] MINNESOTA RESEARCH TOOLS DIRECTORY 23
LIST OF FIGURES
FIGURE 1. The Top Seven Research Tools Companies in the US 2
FIGURE 2. Map of Minnesota Research Tools by Category 7
FIGURE 3. Timeline History of R&D Systems 8
FIGURE 4. Minnesota Research Tools Company Breakdown 12
FIGURE 5. Minnesota Company Clusters 14
FIGURE 6. NIH Awards & Funding + "IBRC" Corridor 16
FIGURE 7. Minnesota's Biology to Engineering Spectrum 19
1Text
NATIONAL
CONTEXT OF
RESEARCH
TOOLS
1.
2 Sector Landscapes: Research Tools | LifeScience Alley
Research tools companies develop products that facilitate life science
research. Examples of products include cell biology products and
instrumentation, analytical testing equipment and laboratory parts. The
US is the world leader in research tools companies, with revenues from
the top seven companies reaching nearly $50 billion in 2014. Although
none of the nation’s largest research tools companies are headquartered
in Minnesota, Thermo Fisher Scientific’s Product Inspection Division
is located in Coon Rapids, MN, and Beckman Coulter's Immunoassay
Division is located in Chaska, MN.
"Map of United States of America with States - Outline by FreeVectorMaps.com" (page 2 and 16).
FIGURE 1. THE TOP SEVEN RESEARCH TOOLS COMPANIES IN THE US
3Section 1 | National Context of Available Research Tools
THE TOP SEVEN
COMPANY HEADQUARTERS REVENUE EMPLOYEES
Thermo Fisher
Scientific 1
Waltham, MA
(MN operations)
$17 Billion
5000
(~120 in
MN)
Becton
Dickinson 2
Franklin Lakes,
NJ
$8.4 Billion 3000
Beckman Coulter
(Danaher Corp) 3
Brea, CA
(MN operations)
$6.9 Billion
24000
(~1000 in
MN)
Agilent
Technologies 4 Santa Clara, CA $7.0 Billion 21400
VWR 5
Randor, PA $4.2 Billion 8400
Sigma Aldrich
(subsidiary of
Merck) 6
St. Louis, MO $2.7 Billion 9000
BioRad 7
Hercules, CA $2.1 Billion 7750
1
SOURCE: Thermo Fisher Scientific. http://wwwthermofisher.com/en/about-us.html
2
SOURCE: Becton Dickinson. (2014). Annual Report 2014. Retrieved from http://bd.com/ar2014/
3
SOURCE: Danaher. (2013). Annual Report 2013. Retrieved from http://media.corporate-ir.net/media_
files/IROL/82/82105/Danaher_2013_Annual _Report.pdf
4
SOURCE: Agilent. (2014). Annual Report 2014. Retrieved from http://www.investor.agilent.com/
5
SOURCE: VWR. (2013). Form 10-K 2013. Retrieved from http://investor.vwr.com/secfiling
6
SOURCE: Sigma Aldrich. (2013). Annual Report 2013. Retrieved from http://files.shareholder.com/down-
loads/SIGMA
7
SOURCE: Biorad. (2013). Annual Report 2013. Retrieved from http://www.bio-rad.com/webroot/web/pdf/
corporate/literature/Bio-Rad_2013AnnualReport.pdf
1
2
3
4
5
6
7
5Text
MINNESOTA
RESEARCH
TOOLS
COMPANIES
2.
6 Sector Landscapes: Research Tools | LifeScience Alley
The Research Tools sector in Minnesota is small but growing, with a
total of 27 companies occupying the space. Growth of research tools com-
panies started in the 1970s and expanded in the 2000s, with cell biology
tools companies, instrumentation companies, materials and chemistry
companies and other companies that support research technology.1
R&D Systems, Biovest International and Lifecore Biomedical are
Minnesota’s only large, public research tools companies. Other public
companies that develop products that support research technology are
the Donaldson Company, ATMI / Entegris and Protolabs. The majority
of the research tools companies are emerging, private and small, with at
least ten of the companies having 100 or fewer employees, suggesting
that this is an area of growth in the life sciences.
1
See Research Tools Directory (p 21).
DEFINITIONS OF RESEARCH TOOLS COMPANIES BY CATEGORY
Cell Biology Tools
Companies	
Stem cells, proteins, peptides,
reagents, assays and kits
Instrumentation
Companies
Fluorescence plate readers and
array tape
Materials / Chemistry
Companies
Medical device coatings and
specialty chemicals
Supporting
Companies
Filter media, bioreactors, metallic
and rubber parts, valves and tubing
7Text
FIGURE 2. MAP OF MINNESOTA RESEARCH TOOLS BY CATEGORY
INSTRUMENTATION (4 COMPANIES)
CELL BIOLOGY (13 COMPANIES)
SUPPORTING (7 COMPANIES)
MATERIALS / CHEMISTRY (3 COMPANIES)
8 Sector Landscapes: Research Tools | LifeScience Alley
SPOTLIGHT ON R&D SYSTEMS
R&D (Research and Diagnostics) Systems was
founded in Minneapolis in 1976 and became a public
company in 1984. It is one of three major brands
of Bio-Techne, which had sales of more than $350
million in 2014. The small company that started in Minneapolis now has
branches in Germany, England and China; combined with Bio-Techne’s
other brands, they have more than 24,000 products with 95% of them
manufactured in-house.1,2
Bio-Techne’s main product lines include
immunoassays, antibodies and kits. Today, the company employs more
than 650 Minnesotans.
R&D Systems was the first cell biology company in what has been a
growing industry in Minnesota. It paved the way for companies such
as Kingfisher Biotech, Neuromics and ImmunoChemistry Technologies,
employing some of these companies’ founders. “Many companies share
the common history or link of R&D Systems, not only biotech companies,
but even medical device companies" says Joanna LaBresh, President of
Kingfisher Biotech.
1
SOURCE: Techne Corporation (2014). Form 10-K 2014. Retrieved from https://www.sec.gov/
2
SOURCE: R&D Systems. http://www.rndsystems.com/about_us.aspx
FIGURE 3. TIMELINE HISTORY OF R&D SYSTEMS
2015
2005
1995
1985
1975
Implemented new brand, Bio-Techne
Acquired six new companies
Released first research reagent, TGF-beta 1
Acquired by Techne Corporation
Released whole blood control with platelets
Sold first hematology control
Established R&D Systems Europe
Acquired Amgen and Genzyme research businesses
Formed Growth Factor Division
$50 M
$190 M
$357 M
9Section 2 | Minnesota Research Tools Companies
1
SOURCE: Douglas Scientific. http://www.douglasscientific.com/
2
SOURCE: Fluorescence Innovations, Inc. http://www.fluorescenceinnovations.com/
3
SOURCE: Innovative Surface Technologies. http://www.isurtec.com/
4
SOURCE: National Institutes of Health RePorter (2014). http://report.nih.gov/award/index.cfm
SPOTLIGHT ON EMERGING RESEARCH TOOLS COMPANIES
Minnesota has a number of early-stage research tools companies
founded in the early 2000s. Among the most innovative are Douglas
Scientific, Fluorescence Innovations, Inc. and ISurTec.1,2,3
In 2014,
Fluorescence Innovations, Inc. received more than $180,000 from the
National Institutes of Health and from 2011 to 2013, ISurTec received
more than $2,000,000 in Small Business Innovative Research (SBIR)
grants.3,4
Fluorescence Innovations, Inc. has developed
instrumentation that utilizes their proprietary Direct
Waveform Recording Technology™ to measure
the lifetime fluorescence decay, which significantly reduces noise
and improves fluorescence measurements. It was founded in 2006 in
Bozeman, MT, and has since moved to a new location in Minneapolis,
MN.
Innovative Surface Technologies (ISurTec)
developed a temperature-responsive cell growth
surface for the gentle, non-invasive release of
cells from cultureware and microcarriers, which
eliminates the need for trypsin or other harsh reagents. ISurTec was
founded in 2004 and is located in St. Paul, MN.
ImmunoChemistry Technologies (ICT) provides
high quality research reagents and laboratory
services. ICT supplies in vitro apoptosis assays,
caspase kits, fluorescent reagents for intracellular analysis and other
critical detection tools to help biomedical researchers understand
metabolic pathways and cure disease. ICT also offers a line of ELISA
development solutions including coat buffers, conjugate stabilizers and
sample diluents. As a CRO, ICT specializes in custom immunoassay
development, conjugation, lyophilization and consulting services.
With operations in 17 countries worldwide, Douglas Scientific is a fast-
growing laboratory automation company based in Alexandria, Minnesota
(two hours northwest of the Twin Cities). Their novelArray Tape®
technology
has radically increased throughput of PCR reactions while simultaneously
decreasing reaction volume and overall experiment cost. Their ultra-high
throughput solution, Nexar®
, was first utilized by agriculture companies
to perform SNP genotyping on plant samples. They reinvested profits in
research and development, and have adapted their technology into two
smaller-scale instruments.The IntelliQube®
is the first fully automated
system that integrates liquid handling, thermal cycling, detection and
analysis into one instrument. It too is optimized for Array Tape and is used
for both end-point and quantitative PCR applications. The other is the
AmpliFire®
, a point-of-use, hand held instrument that leverages isothermal
chemistry to facilitate sample to answer responses in minutes. It is easily
employed out in the field to test plant, animal, food and for research use
in diagnostics of human samples for diseases. Most notably, the AmpliFire
contributed to the global effort to address the ebola virus.
Douglas Scientific currently has 115 employees mostly based in Alexandria
and a satellite office in Hopkins, MN. As demand for the Array Tape Platform
continues to grow and revolutionize labs, Douglas Scientific is expanding
operations in the US and international markets specially focusing on India,
China and Brazil.
INSIDE THE
MINNESOTA
RESEARCH
TOOLS
SECTOR
3.
12 Sector Landscapes: Research Tools | LifeScience Alley
CELL BIOLOGY
Ancell [1]
BRTI Life Sciences [2]
Imanis Life Sciences [3]
Immuno Biologic Lab. [4]
ImmunoChemistry Tech. [5]
Kingfisher Biotech [6]
Lifecore Medical [7]
Microbiologics [8]
Mill Creek Life Sciences [9]
Neuromics [10]
R&D Systems [11]
Surrogen [12]
Verge Bio [13]
SUPPORTING
Dagan Corporation [1]
Donaldson Company [2]
ATMI / Entegris [3]
Gamma Vacuum [4]
Inclined Biomedical Tech. LLC [5]
Protolabs [6]
Test Resources [7]
13Section 3 | Inside the Minnesota Research Tools Sector
INSTRUMENTATION
[1] Biovest
[2] Fluorescence Innovations, Inc.
[3] Douglas Scientific
[4] iLAB LLC
MATERIALS / CHEMISTRY
[1] Harland Medical
[2] ISurTec
[3] LKT Labs
FIGURE 4. MINNESOTA RESEARCH TOOLS COMPANY BREAKDOWN
14 Sector Landscapes: Research Tools | LifeScience Alley
The majority of Minnesota research tools companies reside in the Twin
Cities Metro. However, there are a handful of companies in other regions
in the state, including southwest of the Twin Cities (Gibbon, Shakopee
and Waconia), Rochester, Bayport, Alexandria and St. Cloud (Figure 5).
Minnesota is also part of what Greg Gillispie, President of Fluorescence
Innovations, Inc. calls the Inland Biomedical Research Corridor (IBRC)
that runs from the Twin Cities to Pittsburgh. Using the NIH RePORTER
Tool, he compared different geographical regions in 2011 and 2012 and
discovered that the top institutions in the IBRC have more funding than
those in California.
Gillispie moved his company from Bozeman, Montana to Minneapolis in
2012 to capitalize on the opportunities in the region.
"The top 12 [institutions in the IBRC] have greater National
Institutes of Health funding cumulatively than the top 12
institutions in California!"
Gregory Gillispie, President of Fluorescence Innovations, Inc.
STATE AND REGIONAL CLUSTERS OF RESEARCH TOOLS
FIGURE 5. MINNESOTA COMPANY CLUSTERS
1 COMPANY
2 COMPANIES
3 COMPANIES
17 COMPANIES
15Section 3 | Inside the Minnesota Research Tools Sector
TECHNICAL EXPERTISE
Minnesota is home to one of the largest medical device clusters in the
world, with companies such as Medtronic, St. Jude Medical, Boston
Scientific and 3M either headquartered in Minnesota or with significant
operations in the state.
The University of Minnesota (UMN) is a major
research institution with campuses in the Twin
Cities, Crookston, Duluth, Morris and Rochester.
Together, UMN-Twin Cities and UMN-Duluth
received more than $300 million in federal funding from the National
Institutes of Health and the National Science Foundation in 2014. The
College of Biological Sciences (CBS) and the College of Science and
Engineering (CSE), both on the Twin Cities campus, have 129 CBS and
430 CSE tenure and tenure-track faculty, and 2693 CSE and 313 CBS
graduate students.1,2
These colleges contributed to the accolades the
University recently received when it was named the 29th “Best Global
University” by US News and World Report in 2014.3
Besides providing
a technical workforce, the University also houses many facilities that
provide access to equipment useful to research tools companies.4
“The advantage here is the concentration of medical device
companies. There really isn’t a better place to be from that
perspective.”
Eric Guire, Senior Scientist at Innovative Surface Technologies
1
SOURCE: The University of Minnesota College of Biological Sciences. http://www.cbs.umn.
edu/explore/about/cbs-glance
2
SOURCE: The University of Minnesota College of Science and Engineering. http://cse.umn.
edu/aboutcse/CSE_CONTENT_192612.php
3
SOURCE: US News and World Report. http://www.usnews.com/education/best-global-univer
sities/rankings?page=3
4
See Research Tools Directory (p 21).
16 Sector Landscapes: Tissue & Biologics | LifeScience Alley
AWDS FUNDING
AL 593 $273,600,407
AK 17 $10,793,647
AZ 404 $158,598,561
AR 104 $46,767,479
CA 7731 $3,499,391,307
CO 922 $313,993,551
CT 1122 $467,188,982
DE 67 $38,759,337
D.C. 380 $194,613,257
FL 1104 $476,217,118
GA 1161 $482,742,805
HI 86 $47,415,169
ID 17 $10,687,130
IL 1885 $733,227,259
IN 589 $210,731,457
IA 411 $169,772,206
KS 238 $109,462,489
KY 386 $153,050,665
LA 278 $140,203,878
ME 113 $72,949,821
MD 2296 $1,333,845,959
MA 4924 $2,404,091,828
MI 1423 $577,502,620
MN 1050 $504,952,618
MS 79 $43,166,617
MO 1073 $490,212,280
MT 67 $36,014,739
NE 218 $88,610,327
NV 45 $25,543,601
NH 203 $96,944,063
NJ 547 $246,964,069
NM 217 $96,781,115
NY 4808 $2,125,150,125
NC 2192 $1,067,282,781
ND 29 $15,893,123
OH 1564 $670,092,509
OK 174 $88,105,625
OR 673 $303,963,471
PA 3377 $1,516,874,603
P.R. 84 $42,352,575
RI 439 $132,043,025
SC 422 $147,391,886
SD 36 $21,577,280
TN 1076 $466,225,823
TX 2527 $981,024,135
UT 459 $175,427,096
VT 108 $58,132,718
V.I. 3 $1,760,298
VA 770 $327,737,296
WA 1585 $906,173,368
WV 42 $18,958,353
WI 883 $386,436,340
WY 18 $7,485,353
FIGURE 6. NIH 2014 AWARDS & FUNDING 1
+ "IBRC" CORRIDOR
1
SOURCE: http://www.report.nih.gov/award/index.cfm
18 Sector Landscapes: Research Tools | LifeScience Alley
“The media still does not accept Minnesota as a place for
cell culture companies. We are constantly asked why we are
here. When we tell them we are in Rochester, then it makes
sense.”
Judy Lundy, President and COO, Mill Creek Life Sciences
The Mayo Clinic, with locations in Rochester, MN,
Scottsdale and Phoenix, AZ, and Jacksonville, FL,
received the highest honor by US News and World
Report when it was named “Best Hospital in 2014/2015.”
The Mayo Clinic, Rochester received more than $203
million in funding from the National Institutes of Health
in 2014 and the entire clinic has an annual research budget of more than
$625 million.1,2
The Mayo Clinic has more than 200 investigators in seven
academic research areas. Imanis Life Sciences, located in Rochester,
MN, was founded and is currently run by Mayo Clinic professors.
When asked about the workforce in Minnesota, every company president
and CEO interviewed emphatically stated that it is a strength of the region.
Therefore, it is not surprising that companies (both big and small) in
Minnesota span the range from cell and molecular biology to mechanical
engineering, making it an ideal location for research tools companies
seeking a highly-skilled technical workforce.
1
SOURCE: The National Institutes of Health RePorter (2014).
2
SOURCE: The Mayo Clinic. http://www.mayo.edu/mgs/programs/faculty
SUPPORTING INFRASTRUCTURE
19Section 3 | Inside the Minnesota Research Tools Sector
Neuromics
R&D Systems
Immunochemistry
Technologies
Biovest
Surrogen
Beckman Coulter
Harland Medical
Douglas Scientific
Medtronic
St. Jude Medical
Boston Scientific
Sciencix
Kingfisher Biotech
Apogen Biotechnologies
Immunobiologic
Laboratories
3M
ISurTec
North Central Instruments
Fluorescence Innovations, Inc.
Protolabs
Test Resources
Applied Vacuum Technology
CELL&
MOLECULAR
BIOLOGY
PROTEOMICS
&
GENOMICS
MATERIALS
SCIENCE
MECHANICAL
ENGINEERING
BIOMEDICAL
ENGINEERING
FIGURE 7. MINNESOTA'S BIOLOGY TO ENGINEERING SPECTRUM
20 Sector Landscapes: Research Tools | LifeScience Alley
INCUBATORS
Incubators encourage early-stage companies by providing wet-labs
and office space at affordable prices, and by hosting events to bring
together the life science community. The two most prominent are
University Enterprise Laboratories (UEL) and the Mayo Clinic Business
Accelerator, which house multiple life science companies. Both ISurTec
and Kingfisher Biotech are located in UEL, where tenants individually
applied for and received more than $45 million in new investments and
research grants in 2013.1
1
See Research Tools Directory (p 21).
2
SOURCE: Leightner, Amanda. June 2015. "MN Business Incubators and Accelerators." Life	
	 Science Nexus. Retrieved August 2015.
3
SOURCE: www.mcbusaccel.com. Retrieved August 2015.
4
SOURCE: www.mnwesttechnology.com. Retrieved August 2015.
5
SOURCE: www.theseedpartners.com. Retrieved August 2015.
6
SOURCE: www.uelmn.org. Retrieved August 2015.
University Enterprise Laboratories
University Enterprise Laboratories (UEL) is a life science incubator in St. Paul,
MN, with a focus on biotech, medtech and special university departments. More
than 30 companies have been tenants since its opening in 2005.2,6
Worthington Biotechnology Advancement Center
The Worthington Biotechnology Advancement Center is an incubator located in
Worthington, MN, with a focus on agribusiness and animal health companies.2
The SEED Partners
The SEED Partners is a newly opened biosciences incubator, accelerator and
investor in the North Loop. Their 27,000 square foot space includes a 5,000
square foot wet lab facility, including fume hoods, cell culture space, and other
basic & specialized life science equipment. In addition to providing shared lab and
collaborative work spaces, SEED can assist clients from the early stages of an
idea to product concept, as well as provide business support, office support and
laboratory support services.5
Mayo Clinic Business Accelerator
Based in Rochester, MN, the Mayo Clinic Business Accelerator opened in 2013
with a focus on medtech and healthtech. As of August 2015, there have been a
total of 20 company tenants.3
MinnWest Technology Campus
2006 marked the founding of the MinnWest Technology Campus in Willmar, MN,
a biobusiness incubator focusing on agribusiness and biotechnology. More than
30 companies currently reside as tenants (2015).2,4
Business Enterprise Center
The Business Enterprise Center (BEC) is an accelerator located in Cottage Grove,
MN. It offers affordable work space and support services to startups.2
21Section 3 | Inside the Minnesota Research Tools Sector
TAX INCENTIVES
To encourage innovation in the state and investment in startup companies,
the State of Minnesota has implemented the R&D Tax Credit and the
Angel Tax Credit.
R&D Tax Credit
Eligible recipients receive a 10% credit on qualifying expenses up to $2
million, and 2.5% for expenses surpassing that amount.1
Angel Tax Credit
Rewards investors 25% for investing in startups focusing on new and
innovative technology.2
"The biggest advantage (of conducting my business) in
Minnesota is the Angel Tax Credit. For small start-ups, this
is HUGE!"
Judy Lundy, President and COO, Mill Creek Life Sciences
1
SOURCE: Minnesota Revenue. http://www.revenue.state.mn.us/
2
SOURCE: Minnesota DEED. http://mn.gov/deed/
IN CONCLUSION,
The Research Tools sector in Minnesota is small but growing. R&D
Systems, the oldest, largest and most established tools company,
has paved the way for cell biology companies. Additionally, a number
of companies exist that support research tools companies, such as
engineering companies that develop manufactured parts.Today, there are
a number of innovative companies developing tools and instrumentation
to facilitate research.
Minnesota’s strong biomedical industry, academic institutions and a
world-class clinic have provided training for generations of scientists
and engineers that make up Minnesota’s technical workforce. Minnesota
is committed to building and keeping innovative companies in-state,
demonstrating its commitment by implementing programs to support
research and development and early-stage venture.
With its solid infrastructure in the biosciences and engineering,
programming to encourage investment in early-stage companies and
recent emergence of small, private tools companies, the Research Tools
sector in Minnesota is poised for growth in the upcoming decades.
CONTRIBUTORS
Thank you to the company presidents, CEOs, and others who generously
contributed their time and shared their perspectives on the industry: Chris
Echeverri, Greg Gillispie, Eric Guire, Patrick Guire, Joanna LaBresh,
Judy Lundy and Donna Pinotti.
23Text
MINNESOTA
RESEARCH
TOOLS
DIRECTORY
4.
24 Sector Landscapes: Research Tools | LifeScience Alley
MINNESOTA RESEARCH TOOLS COMPANIES
Company City, State Founded Summary
Ancell Bayport, MN 1992 Produce immunology research tools.
ATMI / Entegris Bloomington, MN 1966
Provides products and materials used in
high-technology manufacturing.
Biovest International, Inc. Minneapolis, MN 1983
Protein manufacturing instruments utilizing
proprietary hollow fiber technology.
BRTI Life Sciences Two Harbors, MN 2003
3D- cell culture tool & matrix that creates a
microenvironment for multiple applications.
Douglas Scientific Alexandria, MN 2009
Designs and manufactures laboratory
instrumentation.
Dagan Corporation Minneapolis, MN 1974
Produces scientific instruments including
voltage and cell patch clamps.
Donaldson Company Bloomington, MN 1915 Filtration manufacturer.
Fluorescence Innovations,
Inc.
Minneapolis, MN 2006
Instrumentation that measures fluorescence
lifetime properties of biological systems.
Gamma Vacuum LLC Shakopee, MN 2003
Ion pumps, titanium sublimation pumps,
non-evaporable getters and their controls.
Harland Medical Eden Prairie, MN 2003
Product solutions for healthcare surface
enhancement market.
iLAB LLC Maple Grove, MN -
Design and development of biomedical
instrumentation.
Imanis Life Sciences Rochester, MN 2012
Non-invasive reporter systems - cell lines,
lentivirus and contract imaging solutions.
Immuno Biological
Laboratories
Minneapolis, MN 1997
Clinical laboratory reagent assays for
research and clinical testing.
ImmunoChemistry
Technologies
Bloomington, MN 1994
Protein chemistry lab. Apoptosis assays and
ELISA detection reagents.
25Section 4 | Minnesota Research Tools Directory
MINNESOTA RESEARCH TOOLS COMPANIES
Company City, State Founded Summary
Inclined Biomedical
Technologies LLC
Minneapolis, MN -
Develops lab tools for academia, med /
pharma, hospitals and government facilities.
Innovative Surface
Technologies (ISurTec)
St. Paul, MN 2004
CRO; develops scaffolds and matrices, drug
delivery and surface coatings.
Kingfisher Biotech St. Paul, MN 2008 Research reagents for variety of species.
Lifecore Biomedical LLC Chaska, MN 1986
Manufactures Hyaluronan and other
biomaterials for various medical
applications.
LKT Labs St. Paul, MN 1988
Specialty chemicals for cancer
chemoprevention.
Microbiologics St. Cloud, MN 1971
Ready-to-use high quality lyophilized micro-
organisms.
Mill Creek Life Sciences Rochester, MN 2010
Products to supplement cell culture used in
stem / primary cells.
Neuromics Edina, MN 2003
Reagents and methods for Neuroscience
Research Community.
Protolabs Maple Plain, MN 1999 Plastic injection molding parts.
R&D Systems Minneapolis, MN 1985
Produces human cytokines for genetic
engineering.
Surrogen, Inc. St. Paul, MN 2013
Genetically-tailored large animal models of
disease.
Test Resources Shakopee, MN 1998 Materials testing equipment.
Verge Bio Minneapolis, MN 2014
Designs and engineers diagnostic cell-
permeant tracers and dyes.
26 Sector Landscapes: Research Tools | LifeScience Alley
UNIVERSITY OF MINNESOTA FACILITIES
UMN Facility Director Summary
Characterization Facility
Greg Haugstad
haugs001@umn.edu
Materials research spanning from
nanotechnology to biology and medicine.
Magnetic Transport
Laboratory
Dan Dahlberg
dand@physics.umn.edu
Applications and advancement of Magnetic
Force Microscopy (MFM).
Tissue Mechanics
Laboratory
Robert Tranquillo
tranquillo@umn.edu
Specialized instruments for soft biological
materials.
Supercomputing Institute
Jorge Viñals
vinals@msi.umn.edu
Provides access to high-performance
computing resources.
Nano Center
Steve Campbell
campb001@umn.edu
Small-scale devices, nano materials and bio-
medical applications of nanotech.
NMR Center
Gianluigi Veglia
vegli001@umn.edu
Research and education in implementation of
NMR techniques to biomedical research.
Imaging Center
Mark Sanders
msanders@umn.edu
Advanced optical imaging and basic electron
microscopy.
MINNESOTA INCUBATORS
Company City, State Founded Summary
Business Enterprise Center Cottage Grove, MN - Work space and supportive services.
MinnWest Technology
Campus LLC
Willmar, MN 2006
Biobusiness incubator focusing on
agribusiness and biotechnology.
Mayo Clinic Business
Accelerator
Rochester, MN 2013
Collaborative space for new companies,
venture capital firms and entrepreneurs.
The SEED Partners Minneapolis, MN -
Collaboration between business professionals
& entrepreneurs in life science tech & medtech.
University Enterprise
Laboratories
St. Paul, MN 2001
Collaborative research center, advancing
biology and biotechnology.
Worthington Biotechnology
Advancement Center
Worthington, MN -
Focus on agribusiness & animal health
companies.
ResearchTools_SectorLandscape_2015

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ResearchTools_SectorLandscape_2015

  • 2. About LifeScience Alley LifeScience Alley is a global leader in enabling health technology and care organizations to innovate, succeed and influence the evolution of healthcare. By influencing policy, delivering actionable information and intelligence and connecting members with critical resources, we work to ensure that Minnesota's Medical Alley remains the world's strongest health technology community. SECTOR LANDSCAPES: RESEARCH TOOLS Copyright © 2015 by LifeScience Alley. All rights reserved. About Sector Landscapes Publications The Sector Landscapes provide in depth analysis of emerging and established industry sectors in Minnesota. The reports highlight global industry insights, Minnesota core and supporting assets, unique positioning, company lists, and industry trends. Identified sector areas include: neuromodulation, cardiac active implantables, tissue based products, research tools, animal health, diagnostics, vascular technologies, and digital health. List of Contributors PLEASE DIRECT CORRESPONDENCE TO: Cheryl Matter, PhD, Vice President of Research & Intelligence, LifeScience Alley cmatter@lifesciencealley.org | 952.746.3817 Emily Tubman, Market Analyst, LifeScience Alley University of Minnesota Biomedical Engineering PhD Candidate Primary Researcher & Author Bridget Wall, PhD, LifeScience Alley Consultant Secondary Researcher & Author Amanda K. Weber, Design & Research Associate, LifeScience Alley Research Visualization & Design LifeScience Alley's intelligence and research work is generously supported by our Foundational and Sustaining Members. Foundational Members Sustaining Members
  • 3. The Research Tools sector in Minnesota is composed of 27 companies distributed among the following fields, with the largest proportion in the cell biology space. + Cell Biology (13) + Instrumentation (4) + Materials / Chemistry (3) + Supporting (7) The sector is bolstered by the success of R&D Systems, a mature Minneapolis-based research tools company that started in the 1970’s. However there are a number of emerging, innovative companies that started in the 2000s.The University of Minnesota, the Mayo Clinic, and the technical workforce generated by the existing medical device and engineering industries provide an excellent talent pool of potential employees and development partners. Lastly, incubators that provide affordable wet lab and office space, as well as tax credits for R&D and angel investors, promote growth and investment in this burgeoning industry. EXECUTIVE SUMMARY five companies ten companies fifteen companies 1971 1999 1915-2015 MINNESOTA RESEARCH TOOLS INDUSTRY GROWTH OVER 100 YEARS
  • 4. [1] NATIONAL CONTEXT OF AVAILABLE RESEARCH TOOLS 1 The US is the world leader in the Research Tools sector, with revenues from the top seven companies reaching nearly $50 billion in 2014. US RESEARCH TOOLS COMPANIES 2 [2] MINNESOTA RESEARCH TOOLS COMPANIES 5 Minnesota has twenty-seven Research Tools companies and has been growing drastically since the early 2000s. MINNESOTA INDUSTRY 6 DEFINITIONS OF RESEARCH TOOLS COMPANIES BY CATEGORY 6 SPOTLIGHT ON R&D SYSTEMS 8 SPOTLIGHT ON EMERGING RESEARCH TOOLS COMPANIES 9 [3] INSIDE THE MINNESOTA RESEARCH TOOLS SECTOR 11 The diversity of technical expertise, concentration of incubators and new tax incentives have encouraged a robust start-up economy in Minnesota. STATE & REGIONAL CLUSTERS OF RESEARCH TOOLS 14 TECHNICAL EXPERTISE 15 SUPPORTING INFRASTRUCTURE 18 INCUBATORS 20 TAX INCENTIVES 21 [4] MINNESOTA RESEARCH TOOLS DIRECTORY 23
  • 5. LIST OF FIGURES FIGURE 1. The Top Seven Research Tools Companies in the US 2 FIGURE 2. Map of Minnesota Research Tools by Category 7 FIGURE 3. Timeline History of R&D Systems 8 FIGURE 4. Minnesota Research Tools Company Breakdown 12 FIGURE 5. Minnesota Company Clusters 14 FIGURE 6. NIH Awards & Funding + "IBRC" Corridor 16 FIGURE 7. Minnesota's Biology to Engineering Spectrum 19
  • 6.
  • 8. 2 Sector Landscapes: Research Tools | LifeScience Alley Research tools companies develop products that facilitate life science research. Examples of products include cell biology products and instrumentation, analytical testing equipment and laboratory parts. The US is the world leader in research tools companies, with revenues from the top seven companies reaching nearly $50 billion in 2014. Although none of the nation’s largest research tools companies are headquartered in Minnesota, Thermo Fisher Scientific’s Product Inspection Division is located in Coon Rapids, MN, and Beckman Coulter's Immunoassay Division is located in Chaska, MN. "Map of United States of America with States - Outline by FreeVectorMaps.com" (page 2 and 16). FIGURE 1. THE TOP SEVEN RESEARCH TOOLS COMPANIES IN THE US
  • 9. 3Section 1 | National Context of Available Research Tools THE TOP SEVEN COMPANY HEADQUARTERS REVENUE EMPLOYEES Thermo Fisher Scientific 1 Waltham, MA (MN operations) $17 Billion 5000 (~120 in MN) Becton Dickinson 2 Franklin Lakes, NJ $8.4 Billion 3000 Beckman Coulter (Danaher Corp) 3 Brea, CA (MN operations) $6.9 Billion 24000 (~1000 in MN) Agilent Technologies 4 Santa Clara, CA $7.0 Billion 21400 VWR 5 Randor, PA $4.2 Billion 8400 Sigma Aldrich (subsidiary of Merck) 6 St. Louis, MO $2.7 Billion 9000 BioRad 7 Hercules, CA $2.1 Billion 7750 1 SOURCE: Thermo Fisher Scientific. http://wwwthermofisher.com/en/about-us.html 2 SOURCE: Becton Dickinson. (2014). Annual Report 2014. Retrieved from http://bd.com/ar2014/ 3 SOURCE: Danaher. (2013). Annual Report 2013. Retrieved from http://media.corporate-ir.net/media_ files/IROL/82/82105/Danaher_2013_Annual _Report.pdf 4 SOURCE: Agilent. (2014). Annual Report 2014. Retrieved from http://www.investor.agilent.com/ 5 SOURCE: VWR. (2013). Form 10-K 2013. Retrieved from http://investor.vwr.com/secfiling 6 SOURCE: Sigma Aldrich. (2013). Annual Report 2013. Retrieved from http://files.shareholder.com/down- loads/SIGMA 7 SOURCE: Biorad. (2013). Annual Report 2013. Retrieved from http://www.bio-rad.com/webroot/web/pdf/ corporate/literature/Bio-Rad_2013AnnualReport.pdf 1 2 3 4 5 6 7
  • 10.
  • 12. 6 Sector Landscapes: Research Tools | LifeScience Alley The Research Tools sector in Minnesota is small but growing, with a total of 27 companies occupying the space. Growth of research tools com- panies started in the 1970s and expanded in the 2000s, with cell biology tools companies, instrumentation companies, materials and chemistry companies and other companies that support research technology.1 R&D Systems, Biovest International and Lifecore Biomedical are Minnesota’s only large, public research tools companies. Other public companies that develop products that support research technology are the Donaldson Company, ATMI / Entegris and Protolabs. The majority of the research tools companies are emerging, private and small, with at least ten of the companies having 100 or fewer employees, suggesting that this is an area of growth in the life sciences. 1 See Research Tools Directory (p 21). DEFINITIONS OF RESEARCH TOOLS COMPANIES BY CATEGORY Cell Biology Tools Companies Stem cells, proteins, peptides, reagents, assays and kits Instrumentation Companies Fluorescence plate readers and array tape Materials / Chemistry Companies Medical device coatings and specialty chemicals Supporting Companies Filter media, bioreactors, metallic and rubber parts, valves and tubing
  • 13. 7Text FIGURE 2. MAP OF MINNESOTA RESEARCH TOOLS BY CATEGORY INSTRUMENTATION (4 COMPANIES) CELL BIOLOGY (13 COMPANIES) SUPPORTING (7 COMPANIES) MATERIALS / CHEMISTRY (3 COMPANIES)
  • 14. 8 Sector Landscapes: Research Tools | LifeScience Alley SPOTLIGHT ON R&D SYSTEMS R&D (Research and Diagnostics) Systems was founded in Minneapolis in 1976 and became a public company in 1984. It is one of three major brands of Bio-Techne, which had sales of more than $350 million in 2014. The small company that started in Minneapolis now has branches in Germany, England and China; combined with Bio-Techne’s other brands, they have more than 24,000 products with 95% of them manufactured in-house.1,2 Bio-Techne’s main product lines include immunoassays, antibodies and kits. Today, the company employs more than 650 Minnesotans. R&D Systems was the first cell biology company in what has been a growing industry in Minnesota. It paved the way for companies such as Kingfisher Biotech, Neuromics and ImmunoChemistry Technologies, employing some of these companies’ founders. “Many companies share the common history or link of R&D Systems, not only biotech companies, but even medical device companies" says Joanna LaBresh, President of Kingfisher Biotech. 1 SOURCE: Techne Corporation (2014). Form 10-K 2014. Retrieved from https://www.sec.gov/ 2 SOURCE: R&D Systems. http://www.rndsystems.com/about_us.aspx FIGURE 3. TIMELINE HISTORY OF R&D SYSTEMS 2015 2005 1995 1985 1975 Implemented new brand, Bio-Techne Acquired six new companies Released first research reagent, TGF-beta 1 Acquired by Techne Corporation Released whole blood control with platelets Sold first hematology control Established R&D Systems Europe Acquired Amgen and Genzyme research businesses Formed Growth Factor Division $50 M $190 M $357 M
  • 15. 9Section 2 | Minnesota Research Tools Companies 1 SOURCE: Douglas Scientific. http://www.douglasscientific.com/ 2 SOURCE: Fluorescence Innovations, Inc. http://www.fluorescenceinnovations.com/ 3 SOURCE: Innovative Surface Technologies. http://www.isurtec.com/ 4 SOURCE: National Institutes of Health RePorter (2014). http://report.nih.gov/award/index.cfm SPOTLIGHT ON EMERGING RESEARCH TOOLS COMPANIES Minnesota has a number of early-stage research tools companies founded in the early 2000s. Among the most innovative are Douglas Scientific, Fluorescence Innovations, Inc. and ISurTec.1,2,3 In 2014, Fluorescence Innovations, Inc. received more than $180,000 from the National Institutes of Health and from 2011 to 2013, ISurTec received more than $2,000,000 in Small Business Innovative Research (SBIR) grants.3,4 Fluorescence Innovations, Inc. has developed instrumentation that utilizes their proprietary Direct Waveform Recording Technology™ to measure the lifetime fluorescence decay, which significantly reduces noise and improves fluorescence measurements. It was founded in 2006 in Bozeman, MT, and has since moved to a new location in Minneapolis, MN. Innovative Surface Technologies (ISurTec) developed a temperature-responsive cell growth surface for the gentle, non-invasive release of cells from cultureware and microcarriers, which eliminates the need for trypsin or other harsh reagents. ISurTec was founded in 2004 and is located in St. Paul, MN. ImmunoChemistry Technologies (ICT) provides high quality research reagents and laboratory services. ICT supplies in vitro apoptosis assays, caspase kits, fluorescent reagents for intracellular analysis and other critical detection tools to help biomedical researchers understand metabolic pathways and cure disease. ICT also offers a line of ELISA development solutions including coat buffers, conjugate stabilizers and sample diluents. As a CRO, ICT specializes in custom immunoassay development, conjugation, lyophilization and consulting services.
  • 16. With operations in 17 countries worldwide, Douglas Scientific is a fast- growing laboratory automation company based in Alexandria, Minnesota (two hours northwest of the Twin Cities). Their novelArray Tape® technology has radically increased throughput of PCR reactions while simultaneously decreasing reaction volume and overall experiment cost. Their ultra-high throughput solution, Nexar® , was first utilized by agriculture companies to perform SNP genotyping on plant samples. They reinvested profits in research and development, and have adapted their technology into two smaller-scale instruments.The IntelliQube® is the first fully automated system that integrates liquid handling, thermal cycling, detection and analysis into one instrument. It too is optimized for Array Tape and is used for both end-point and quantitative PCR applications. The other is the AmpliFire® , a point-of-use, hand held instrument that leverages isothermal chemistry to facilitate sample to answer responses in minutes. It is easily employed out in the field to test plant, animal, food and for research use in diagnostics of human samples for diseases. Most notably, the AmpliFire contributed to the global effort to address the ebola virus. Douglas Scientific currently has 115 employees mostly based in Alexandria and a satellite office in Hopkins, MN. As demand for the Array Tape Platform continues to grow and revolutionize labs, Douglas Scientific is expanding operations in the US and international markets specially focusing on India, China and Brazil.
  • 18. 12 Sector Landscapes: Research Tools | LifeScience Alley CELL BIOLOGY Ancell [1] BRTI Life Sciences [2] Imanis Life Sciences [3] Immuno Biologic Lab. [4] ImmunoChemistry Tech. [5] Kingfisher Biotech [6] Lifecore Medical [7] Microbiologics [8] Mill Creek Life Sciences [9] Neuromics [10] R&D Systems [11] Surrogen [12] Verge Bio [13] SUPPORTING Dagan Corporation [1] Donaldson Company [2] ATMI / Entegris [3] Gamma Vacuum [4] Inclined Biomedical Tech. LLC [5] Protolabs [6] Test Resources [7]
  • 19. 13Section 3 | Inside the Minnesota Research Tools Sector INSTRUMENTATION [1] Biovest [2] Fluorescence Innovations, Inc. [3] Douglas Scientific [4] iLAB LLC MATERIALS / CHEMISTRY [1] Harland Medical [2] ISurTec [3] LKT Labs FIGURE 4. MINNESOTA RESEARCH TOOLS COMPANY BREAKDOWN
  • 20. 14 Sector Landscapes: Research Tools | LifeScience Alley The majority of Minnesota research tools companies reside in the Twin Cities Metro. However, there are a handful of companies in other regions in the state, including southwest of the Twin Cities (Gibbon, Shakopee and Waconia), Rochester, Bayport, Alexandria and St. Cloud (Figure 5). Minnesota is also part of what Greg Gillispie, President of Fluorescence Innovations, Inc. calls the Inland Biomedical Research Corridor (IBRC) that runs from the Twin Cities to Pittsburgh. Using the NIH RePORTER Tool, he compared different geographical regions in 2011 and 2012 and discovered that the top institutions in the IBRC have more funding than those in California. Gillispie moved his company from Bozeman, Montana to Minneapolis in 2012 to capitalize on the opportunities in the region. "The top 12 [institutions in the IBRC] have greater National Institutes of Health funding cumulatively than the top 12 institutions in California!" Gregory Gillispie, President of Fluorescence Innovations, Inc. STATE AND REGIONAL CLUSTERS OF RESEARCH TOOLS FIGURE 5. MINNESOTA COMPANY CLUSTERS 1 COMPANY 2 COMPANIES 3 COMPANIES 17 COMPANIES
  • 21. 15Section 3 | Inside the Minnesota Research Tools Sector TECHNICAL EXPERTISE Minnesota is home to one of the largest medical device clusters in the world, with companies such as Medtronic, St. Jude Medical, Boston Scientific and 3M either headquartered in Minnesota or with significant operations in the state. The University of Minnesota (UMN) is a major research institution with campuses in the Twin Cities, Crookston, Duluth, Morris and Rochester. Together, UMN-Twin Cities and UMN-Duluth received more than $300 million in federal funding from the National Institutes of Health and the National Science Foundation in 2014. The College of Biological Sciences (CBS) and the College of Science and Engineering (CSE), both on the Twin Cities campus, have 129 CBS and 430 CSE tenure and tenure-track faculty, and 2693 CSE and 313 CBS graduate students.1,2 These colleges contributed to the accolades the University recently received when it was named the 29th “Best Global University” by US News and World Report in 2014.3 Besides providing a technical workforce, the University also houses many facilities that provide access to equipment useful to research tools companies.4 “The advantage here is the concentration of medical device companies. There really isn’t a better place to be from that perspective.” Eric Guire, Senior Scientist at Innovative Surface Technologies 1 SOURCE: The University of Minnesota College of Biological Sciences. http://www.cbs.umn. edu/explore/about/cbs-glance 2 SOURCE: The University of Minnesota College of Science and Engineering. http://cse.umn. edu/aboutcse/CSE_CONTENT_192612.php 3 SOURCE: US News and World Report. http://www.usnews.com/education/best-global-univer sities/rankings?page=3 4 See Research Tools Directory (p 21).
  • 22. 16 Sector Landscapes: Tissue & Biologics | LifeScience Alley AWDS FUNDING AL 593 $273,600,407 AK 17 $10,793,647 AZ 404 $158,598,561 AR 104 $46,767,479 CA 7731 $3,499,391,307 CO 922 $313,993,551 CT 1122 $467,188,982 DE 67 $38,759,337 D.C. 380 $194,613,257 FL 1104 $476,217,118 GA 1161 $482,742,805 HI 86 $47,415,169 ID 17 $10,687,130 IL 1885 $733,227,259 IN 589 $210,731,457 IA 411 $169,772,206 KS 238 $109,462,489 KY 386 $153,050,665 LA 278 $140,203,878 ME 113 $72,949,821 MD 2296 $1,333,845,959 MA 4924 $2,404,091,828 MI 1423 $577,502,620 MN 1050 $504,952,618 MS 79 $43,166,617 MO 1073 $490,212,280 MT 67 $36,014,739 NE 218 $88,610,327 NV 45 $25,543,601 NH 203 $96,944,063 NJ 547 $246,964,069 NM 217 $96,781,115 NY 4808 $2,125,150,125 NC 2192 $1,067,282,781 ND 29 $15,893,123 OH 1564 $670,092,509 OK 174 $88,105,625 OR 673 $303,963,471 PA 3377 $1,516,874,603 P.R. 84 $42,352,575 RI 439 $132,043,025 SC 422 $147,391,886 SD 36 $21,577,280 TN 1076 $466,225,823 TX 2527 $981,024,135 UT 459 $175,427,096 VT 108 $58,132,718 V.I. 3 $1,760,298 VA 770 $327,737,296 WA 1585 $906,173,368 WV 42 $18,958,353 WI 883 $386,436,340 WY 18 $7,485,353
  • 23. FIGURE 6. NIH 2014 AWARDS & FUNDING 1 + "IBRC" CORRIDOR 1 SOURCE: http://www.report.nih.gov/award/index.cfm
  • 24. 18 Sector Landscapes: Research Tools | LifeScience Alley “The media still does not accept Minnesota as a place for cell culture companies. We are constantly asked why we are here. When we tell them we are in Rochester, then it makes sense.” Judy Lundy, President and COO, Mill Creek Life Sciences The Mayo Clinic, with locations in Rochester, MN, Scottsdale and Phoenix, AZ, and Jacksonville, FL, received the highest honor by US News and World Report when it was named “Best Hospital in 2014/2015.” The Mayo Clinic, Rochester received more than $203 million in funding from the National Institutes of Health in 2014 and the entire clinic has an annual research budget of more than $625 million.1,2 The Mayo Clinic has more than 200 investigators in seven academic research areas. Imanis Life Sciences, located in Rochester, MN, was founded and is currently run by Mayo Clinic professors. When asked about the workforce in Minnesota, every company president and CEO interviewed emphatically stated that it is a strength of the region. Therefore, it is not surprising that companies (both big and small) in Minnesota span the range from cell and molecular biology to mechanical engineering, making it an ideal location for research tools companies seeking a highly-skilled technical workforce. 1 SOURCE: The National Institutes of Health RePorter (2014). 2 SOURCE: The Mayo Clinic. http://www.mayo.edu/mgs/programs/faculty SUPPORTING INFRASTRUCTURE
  • 25. 19Section 3 | Inside the Minnesota Research Tools Sector Neuromics R&D Systems Immunochemistry Technologies Biovest Surrogen Beckman Coulter Harland Medical Douglas Scientific Medtronic St. Jude Medical Boston Scientific Sciencix Kingfisher Biotech Apogen Biotechnologies Immunobiologic Laboratories 3M ISurTec North Central Instruments Fluorescence Innovations, Inc. Protolabs Test Resources Applied Vacuum Technology CELL& MOLECULAR BIOLOGY PROTEOMICS & GENOMICS MATERIALS SCIENCE MECHANICAL ENGINEERING BIOMEDICAL ENGINEERING FIGURE 7. MINNESOTA'S BIOLOGY TO ENGINEERING SPECTRUM
  • 26. 20 Sector Landscapes: Research Tools | LifeScience Alley INCUBATORS Incubators encourage early-stage companies by providing wet-labs and office space at affordable prices, and by hosting events to bring together the life science community. The two most prominent are University Enterprise Laboratories (UEL) and the Mayo Clinic Business Accelerator, which house multiple life science companies. Both ISurTec and Kingfisher Biotech are located in UEL, where tenants individually applied for and received more than $45 million in new investments and research grants in 2013.1 1 See Research Tools Directory (p 21). 2 SOURCE: Leightner, Amanda. June 2015. "MN Business Incubators and Accelerators." Life Science Nexus. Retrieved August 2015. 3 SOURCE: www.mcbusaccel.com. Retrieved August 2015. 4 SOURCE: www.mnwesttechnology.com. Retrieved August 2015. 5 SOURCE: www.theseedpartners.com. Retrieved August 2015. 6 SOURCE: www.uelmn.org. Retrieved August 2015. University Enterprise Laboratories University Enterprise Laboratories (UEL) is a life science incubator in St. Paul, MN, with a focus on biotech, medtech and special university departments. More than 30 companies have been tenants since its opening in 2005.2,6 Worthington Biotechnology Advancement Center The Worthington Biotechnology Advancement Center is an incubator located in Worthington, MN, with a focus on agribusiness and animal health companies.2 The SEED Partners The SEED Partners is a newly opened biosciences incubator, accelerator and investor in the North Loop. Their 27,000 square foot space includes a 5,000 square foot wet lab facility, including fume hoods, cell culture space, and other basic & specialized life science equipment. In addition to providing shared lab and collaborative work spaces, SEED can assist clients from the early stages of an idea to product concept, as well as provide business support, office support and laboratory support services.5 Mayo Clinic Business Accelerator Based in Rochester, MN, the Mayo Clinic Business Accelerator opened in 2013 with a focus on medtech and healthtech. As of August 2015, there have been a total of 20 company tenants.3 MinnWest Technology Campus 2006 marked the founding of the MinnWest Technology Campus in Willmar, MN, a biobusiness incubator focusing on agribusiness and biotechnology. More than 30 companies currently reside as tenants (2015).2,4 Business Enterprise Center The Business Enterprise Center (BEC) is an accelerator located in Cottage Grove, MN. It offers affordable work space and support services to startups.2
  • 27. 21Section 3 | Inside the Minnesota Research Tools Sector TAX INCENTIVES To encourage innovation in the state and investment in startup companies, the State of Minnesota has implemented the R&D Tax Credit and the Angel Tax Credit. R&D Tax Credit Eligible recipients receive a 10% credit on qualifying expenses up to $2 million, and 2.5% for expenses surpassing that amount.1 Angel Tax Credit Rewards investors 25% for investing in startups focusing on new and innovative technology.2 "The biggest advantage (of conducting my business) in Minnesota is the Angel Tax Credit. For small start-ups, this is HUGE!" Judy Lundy, President and COO, Mill Creek Life Sciences 1 SOURCE: Minnesota Revenue. http://www.revenue.state.mn.us/ 2 SOURCE: Minnesota DEED. http://mn.gov/deed/
  • 28. IN CONCLUSION, The Research Tools sector in Minnesota is small but growing. R&D Systems, the oldest, largest and most established tools company, has paved the way for cell biology companies. Additionally, a number of companies exist that support research tools companies, such as engineering companies that develop manufactured parts.Today, there are a number of innovative companies developing tools and instrumentation to facilitate research. Minnesota’s strong biomedical industry, academic institutions and a world-class clinic have provided training for generations of scientists and engineers that make up Minnesota’s technical workforce. Minnesota is committed to building and keeping innovative companies in-state, demonstrating its commitment by implementing programs to support research and development and early-stage venture. With its solid infrastructure in the biosciences and engineering, programming to encourage investment in early-stage companies and recent emergence of small, private tools companies, the Research Tools sector in Minnesota is poised for growth in the upcoming decades. CONTRIBUTORS Thank you to the company presidents, CEOs, and others who generously contributed their time and shared their perspectives on the industry: Chris Echeverri, Greg Gillispie, Eric Guire, Patrick Guire, Joanna LaBresh, Judy Lundy and Donna Pinotti.
  • 30. 24 Sector Landscapes: Research Tools | LifeScience Alley MINNESOTA RESEARCH TOOLS COMPANIES Company City, State Founded Summary Ancell Bayport, MN 1992 Produce immunology research tools. ATMI / Entegris Bloomington, MN 1966 Provides products and materials used in high-technology manufacturing. Biovest International, Inc. Minneapolis, MN 1983 Protein manufacturing instruments utilizing proprietary hollow fiber technology. BRTI Life Sciences Two Harbors, MN 2003 3D- cell culture tool & matrix that creates a microenvironment for multiple applications. Douglas Scientific Alexandria, MN 2009 Designs and manufactures laboratory instrumentation. Dagan Corporation Minneapolis, MN 1974 Produces scientific instruments including voltage and cell patch clamps. Donaldson Company Bloomington, MN 1915 Filtration manufacturer. Fluorescence Innovations, Inc. Minneapolis, MN 2006 Instrumentation that measures fluorescence lifetime properties of biological systems. Gamma Vacuum LLC Shakopee, MN 2003 Ion pumps, titanium sublimation pumps, non-evaporable getters and their controls. Harland Medical Eden Prairie, MN 2003 Product solutions for healthcare surface enhancement market. iLAB LLC Maple Grove, MN - Design and development of biomedical instrumentation. Imanis Life Sciences Rochester, MN 2012 Non-invasive reporter systems - cell lines, lentivirus and contract imaging solutions. Immuno Biological Laboratories Minneapolis, MN 1997 Clinical laboratory reagent assays for research and clinical testing. ImmunoChemistry Technologies Bloomington, MN 1994 Protein chemistry lab. Apoptosis assays and ELISA detection reagents.
  • 31. 25Section 4 | Minnesota Research Tools Directory MINNESOTA RESEARCH TOOLS COMPANIES Company City, State Founded Summary Inclined Biomedical Technologies LLC Minneapolis, MN - Develops lab tools for academia, med / pharma, hospitals and government facilities. Innovative Surface Technologies (ISurTec) St. Paul, MN 2004 CRO; develops scaffolds and matrices, drug delivery and surface coatings. Kingfisher Biotech St. Paul, MN 2008 Research reagents for variety of species. Lifecore Biomedical LLC Chaska, MN 1986 Manufactures Hyaluronan and other biomaterials for various medical applications. LKT Labs St. Paul, MN 1988 Specialty chemicals for cancer chemoprevention. Microbiologics St. Cloud, MN 1971 Ready-to-use high quality lyophilized micro- organisms. Mill Creek Life Sciences Rochester, MN 2010 Products to supplement cell culture used in stem / primary cells. Neuromics Edina, MN 2003 Reagents and methods for Neuroscience Research Community. Protolabs Maple Plain, MN 1999 Plastic injection molding parts. R&D Systems Minneapolis, MN 1985 Produces human cytokines for genetic engineering. Surrogen, Inc. St. Paul, MN 2013 Genetically-tailored large animal models of disease. Test Resources Shakopee, MN 1998 Materials testing equipment. Verge Bio Minneapolis, MN 2014 Designs and engineers diagnostic cell- permeant tracers and dyes.
  • 32. 26 Sector Landscapes: Research Tools | LifeScience Alley UNIVERSITY OF MINNESOTA FACILITIES UMN Facility Director Summary Characterization Facility Greg Haugstad haugs001@umn.edu Materials research spanning from nanotechnology to biology and medicine. Magnetic Transport Laboratory Dan Dahlberg dand@physics.umn.edu Applications and advancement of Magnetic Force Microscopy (MFM). Tissue Mechanics Laboratory Robert Tranquillo tranquillo@umn.edu Specialized instruments for soft biological materials. Supercomputing Institute Jorge Viñals vinals@msi.umn.edu Provides access to high-performance computing resources. Nano Center Steve Campbell campb001@umn.edu Small-scale devices, nano materials and bio- medical applications of nanotech. NMR Center Gianluigi Veglia vegli001@umn.edu Research and education in implementation of NMR techniques to biomedical research. Imaging Center Mark Sanders msanders@umn.edu Advanced optical imaging and basic electron microscopy. MINNESOTA INCUBATORS Company City, State Founded Summary Business Enterprise Center Cottage Grove, MN - Work space and supportive services. MinnWest Technology Campus LLC Willmar, MN 2006 Biobusiness incubator focusing on agribusiness and biotechnology. Mayo Clinic Business Accelerator Rochester, MN 2013 Collaborative space for new companies, venture capital firms and entrepreneurs. The SEED Partners Minneapolis, MN - Collaboration between business professionals & entrepreneurs in life science tech & medtech. University Enterprise Laboratories St. Paul, MN 2001 Collaborative research center, advancing biology and biotechnology. Worthington Biotechnology Advancement Center Worthington, MN - Focus on agribusiness & animal health companies.