Venture and Commercialization Firm NDI Medical Opens Minnesota Office
12/2/2011 8:15:17 AM
NDI Medical, a company that invests in, develops and commercializes neurotechnology devices, has opened an office in Minneapolis, its third. The move makes plenty of sense for NDI, and puts it in close proximity to Minnesota-based medical device giants Medtronic and St. Jude Medical, which represent potential exits for NDI’s portfolio of neurotechnology companies. NDI’s greatest claim to fame thus far has been a $42 million sale to Medtronic of a urinary incontinence-treating product in 2008.