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
Business
At high-tech Medtronic, humble staplers put company in bind as stock tumbles on earnings
The staples distributor issue added to a mixed quarterly report for Medtronic, which is run out of Fridley.
February 19, 2025
Health Care
Minnesota-invented patch for premature ejaculation gains FDA clearance
Maple Grove-based Morari Medical’s device “MOR” is a drug- and chemical-free approach for the common men’s sexual health concern and will be available to consumers this year.
February 13, 2025
Health Care
DOJ investigating Golden Valley-based Inspire’s marketing of sleep apnea device
The promotion and reimbursement practices for the medtech company’s implantable CPAP alternative are under scrutiny.
February 11, 2025
Business
Case equipment maker CNH cutting 175 jobs at its central Minnesota plant
The plant in Benson, which employed over 300 people in 2017, makes agricultural equipment.
February 7, 2025
Health Care
Pharma company Upsher-Smith to close Plymouth facility, lay off at least 58 workers
The generic drug maker and contract manufacturer, once owned by local billionaire family, was sold amid a family legal squabble in the 2010s.
February 7, 2025
MN Fortune 500
Boston Scientific remains bullish despite tariffs, with sales buoyed by Minnesota tech
The medtech company with roughly 10,000 Minnesota employees reported annual revenue exceeding $16 billion.
February 5, 2025
Health Care
Fearing impact on jobs and R&D, medtech group calls for tariff exemptions
The top medtech trade organization calls for medical device exemptions. Medtronic is ready to “develop mitigation strategies if necessary.”
February 4, 2025
Business
Inside the lab that’s the beating heart of Medtronic’s product pipeline
At the University of Minnesota, researchers keep hearts alive outside the body for hours. Medtronic uses them to develop blockbuster devices.
February 1, 2025
Health Care
Pharma company Upsher-Smith to close Plymouth facility, lay off at least 58 workers
The generic drug maker and contract manufacturer, once owned by local billionaire family, was sold amid a family legal squabble in the 2010s.
February 7, 2025
MN Fortune 500
Boston Scientific remains bullish despite tariffs, with sales buoyed by Minnesota tech
The medtech company with roughly 10,000 Minnesota employees reported annual revenue exceeding $16 billion.
February 5, 2025
Health Care
Fearing impact on jobs and R&D, medtech group calls for tariff exemptions
The top medtech trade organization calls for medical device exemptions. Medtronic is ready to “develop mitigation strategies if necessary.”
February 4, 2025
Business
Inside the lab that’s the beating heart of Medtronic’s product pipeline
At the University of Minnesota, researchers keep hearts alive outside the body for hours. Medtronic uses them to develop blockbuster devices.
February 1, 2025