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Medisun

 

Organization Info
Impacts/Collaborators
Beam Assessment

Organization Information


Organization: Medisun

Sector: Commerce

Organization Mission: Medisun's Chairman, Danny Wong, has a strong interest in investing in regenerative-medicine research. He has organized medical conventions in both Beijing and Shanghai "to promote cell-based medicines as well as Cardio3's technology." Cardio3, a Belgium firm based on discoveries made by two Mayo Clinic researchers, is starting a Phase III Clinical Trial of its cardiac treatment that uses a patient's stem cells to rebuild damaged heart tissue. Medisun now owns more of Cardio3 than Mayo does. Medisun's investment in Cardio3 surpassed Mayo's stock ownership this summer, when it purchased $34 million in stock. As of August, Medisun owned 8.08 percent of the company compared to Mayo's 3 percent. Mayo had owned 5.05 percent in June.

  

 


Related News and Status


 

Status Reports / News 
Related PlanScape Status on: Economic Development, Medical Services, STEM
April 11, 2019: OpenBeam April 2019 News

Attended Sustainability's  Arrive Rochester meeting about ride sharing presentation. Learn more them and their positioning in DMC Transportation notion of Transit Management.  Added the Arrive Rochester organization to Community Beam registry. Rediscovered this letter to DMCC and now wondering if the consultant is being paid  400K per year. 

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April 08, 2019: Destination Medical Center (DMC) Plan

3rd Annual DMC Real Estate Development and Investment Summit

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April 07, 2019: Southern Minnesota Initiative Foundation

BRINGING OUR RESOURCES TO A SPROUT! EVENT NEAR YOU

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April 04, 2019: Journey to Growth Plan $25M loan fund

PB: "As part of J2G, lawmakers from Southeast Minnesota are seeking to create a $25 million revolving loan fund to spur business and entrepreneurial activity in the region’s towns and cities."

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April 03, 2019: SE Mn Together: A regional community growth initiative

April 30, 2019 Beyond Minnesota Nice Conference: Creating Welcoming and Inclusive Communities

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March 13, 2019: Southeastern Minnesota League of Municipalities (SEMLM)

State lawmakers from Southeast Minnesota are pushing to create a $25 million revolving loan fund to spur business and entrepreneurial activity in the region’s towns and cities."

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February 17, 2019: Destination Medical Center (DMC) Meeting Packet

DMCC Meeting Packet with affordable housing and transportation breakouts.

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February 08, 2019: Bloom Reconsiders Second Phases of Riverfront Project

"Bloom International Realty may be rethinking plans to build the second phase of its $230 million riverfront development in downtown Rochester.

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December 21, 2018: Triton Hilton Hotel (Broadway at Center) Asking for more TIF

Rochester developer Gus Chafoulias wants an additional $6.5 million in city assistance to pay for the nearly-complete Hilton hotel project.

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Community Anchor Participation:

 

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Impacts

The work of this organization may have impacts on the following areas:

PlanScape

Lvl 1: Economic Development ; Medical Services ; STEM

Lvl 2:

DMC Impact: Commercial Research & Technology

Community Health Impact area:

 

Projects/Programs

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Potential Projects

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Known Collaborators

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Potential Collaborators

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Organization Life Cycle Assessment:

Site Information
Beam
  • For the commercial sector, we tend to register startup activities (new companies and new commercial projects) that bring diversification and high-impact opportunities to the area.
  • For the non-profit sector, we wish to shine light on all the organizations and services that otherwise labor under relative obscurity.
  • Our hope is that dmcbeam.org will encourage cross-sector collaborations and creative solutions.

While there are a number of registries in the community, dmcbeam.org's  distinct value is to pilot a database with a data structure and categorizations that answer the questions such as: What organizations or projects/programs in our community that have purported relevance with some of the over-arching focuses put forward by initiatives such as DMC, J2G and Health Improvements?

This database could be used as one of the ways to explore the capacities of the community. If you are someone on an exploratory journey to learn about the greater Rochester community. dmcbeam.org could be an interesting first step.

Definitions
The following defines the various project phases:
  1. Available - a product, program or service is in production
  2. Develop - program or application is being developed
  3. Plan - idea is solid, stakeholders are identified, and there is strong commitment to go forward from all parties.
  4. Concept Phase - idea scoped out with enough details to give an early sizing and/or to build a proof of concept
    demonstration
  5. Pre-concept Phase - an early idea or a requirement.
Links
Links to Beam and beam sub-sites: