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Victor Stefanescu

Reporter
Stefanescu previously covered the business of food, aviation and real estate for news outlets in the Northeast and St. Louis, his hometown. He is a graduate of Boston College, where he studied communication and led the independent student newspaper, The Heights.

Latest from Victor Stefanescu

Health Care

Looking for better margins, Medtronic names new chief financial officer

Thierry Piéton, an alum of GE and French automaker Renault Group, will receive a $3 million bonus to oversee the finances of the medtech giant.
January 21, 2025
A headshot of Thierry Piéton
Health Care

A tumor filled 80% of this 12-day-old baby’s chest. How he survived.

Jayden’s surgeon didn’t know if he’d survive birth. His parents grieved and hoped. His doctors put on a VR headset.
January 20, 2025
Health Care

Medtronic stock rises as Medicare says it may cover hypertension procedure

Medicare may begin to cover renal denervation with Medtronic’s Symplicity device by October, which could drive coverage among private insurers
January 14, 2025
Health Care

New FDA rules to cut racial bias in some, but not all, devices to measure oxygen in the blood

Pulse oximeters helped drive racial inequities in care during the pandemic, but many devices at drugstores and online won’t be subject to the guidelines.
January 11, 2025
Business

Twin Cities venture firm raises another $425 million to fuel medtech companies

After completing its third fund-raise, Vensana Capital now manages approximately $1 billion.
January 10, 2025
Kirk Nielsen is a Minneapolis-based Managing Partner at Vensana Capital, a medtech-focused venture capital and growth equity firm launched with the support of Versant.
Health Care

FDA recommends more robust testing of pulse oximeters to avoid bias in people with dark skin tone

New draft guidelines would increase the number of people with darker skin who should be included in clinical trials of the devices.
January 6, 2025
Economy

Minnesota H-1B workers nearly double in decade as businesses rely on visas more than ever

Mayo Clinic received the most H-1B visas among employers in the state in fiscal 2024, followed by the University of Minnesota.
January 4, 2025
Retail

Minneapolis-based SPS Commerce makes second $200M acquisition in six months

The retail supply chain software company has purchased Carbon6 Technologies and Supply Pike, which work with Amazon and Walmart, respectively.
January 3, 2025
In this Nov. 13, 2002 photo, an Amazon employee packages an order to be shipped from its Coffeyville, Kan., warehouse. A Coffeyville Chamber of Commerce executive on Wednesday, Oct. 1, 2014, that the Seattle-based online retailer plans to close the facility in February, part of a move to have its distribution centers closer to the bulk of its customers. (AP Photo/The Wichita Eagle, Brian Corn)
Business

Twin Cities venture firm raises another $425 million to fuel medtech companies

After completing its third fund-raise, Vensana Capital now manages approximately $1 billion.
January 10, 2025
Kirk Nielsen is a Minneapolis-based Managing Partner at Vensana Capital, a medtech-focused venture capital and growth equity firm launched with the support of Versant.
Health Care

FDA recommends more robust testing of pulse oximeters to avoid bias in people with dark skin tone

New draft guidelines would increase the number of people with darker skin who should be included in clinical trials of the devices.
January 6, 2025
Economy

Minnesota H-1B workers nearly double in decade as businesses rely on visas more than ever

Mayo Clinic received the most H-1B visas among employers in the state in fiscal 2024, followed by the University of Minnesota.
January 4, 2025
Retail

Minneapolis-based SPS Commerce makes second $200M acquisition in six months

The retail supply chain software company has purchased Carbon6 Technologies and Supply Pike, which work with Amazon and Walmart, respectively.
January 3, 2025
In this Nov. 13, 2002 photo, an Amazon employee packages an order to be shipped from its Coffeyville, Kan., warehouse. A Coffeyville Chamber of Commerce executive on Wednesday, Oct. 1, 2014, that the Seattle-based online retailer plans to close the facility in February, part of a move to have its distribution centers closer to the bulk of its customers. (AP Photo/The Wichita Eagle, Brian Corn)
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