Travelers Express Tower
1550 Utica Ave. S.
St. Louis Park, MN 55416-5307
Phone: (952) 542-3077
FAX: (952) 542-3088
LifeScience Alley (formerly Medical Alley/MNBIO) is a 501(c)6 non-profit trade association serving the life sciences industry in Minnesota and the surrounding region. Its mission statement is: "Enabling Business Success in the Life Sciences: A member-focused organization that enables business success in the life science markets through leadership, collaboration, innovation, advocacy, and education." As it broadens its focus and membership, LifeScience Alley is also working to spread our footprint in the surrounding states and Canada to help connect the continuously expanding industries it serves.
The 10 largest life science firms in Minnesota generate over $53 billion in revenue a year.
- Minnesota ranks as one of the top states in the nation in filing patent applications and is highly rated for its educated workforce and entrepreneurship.
- Minnesota's medtech cluster ranks second or third in size in the U.S. and is home to over 500 FDA-registered medical technology manufacturers.
- Health care represents the largest segment of the Minnesota economy and employment. The state is a leader in medical devices. Per capita, Minnesota is number one, and second in dollar terms overall (behind only California).
- Minnesota is a leader in the development of biofuels, ethanol production and other agricultural and industrial bioscience applications. The state is also a leader in nutraceuticals.
- Pharmaceutical and biopharmaceutical companies have a fast-growing presence in Minnesota.
LifeScience Alley comprises a broad range of well over 500 member organizations that employ approximately 250,000 people in the state of Minnesota and thousands more throughout the U.S. and the world. LifeScience Alley is a unique organization, as its members include medical device and equipment manufacturers, agricultural and industrial bioscience organizations, pharmaceutical companies, health plans, insurers, hospitals and clinics, education and research institutions, government agencies and trade organizations, and a large variety of healthcare services and consulting companies. While the majority of LifeScience Alley members are located in Minnesota, membership continues to grow beyond state and national borders.
Education and Training
LifeScience Alley continues to provide top-quality education and training for life sciences professionals and hosts 80+ seminars and 2-3 major conferences per year. Speakers and panelists are drawn from local, national, and international organizations, most of which are LifeScience Alley members.
LifeScience Alley is actively involved in helping shape healthcare public policy on both a state and federal level. The Association retains two legislative consultants who work with members and government leaders to affect positive changes for the life science industry that includes the health care delivery system.
Alley Institute, a 501(c)(3) nonprofit, is uniquely positioned to bring the diverse elements of the life science industries together to discuss and develop creative, proactive, problem-solving approaches to key challenges and opportunities facing the industry. Alley Institute operates via foundation grants and conducts research projects.
Alley Ventures LLC (an early stage venture fund) was developed to help small and emerging companies access capital and expertise. Its focus is on seed and early stage capital funding for life sciences companies.