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Medtronic is the global leader in medical technology—alleviating pain,
restoring health, and extending life for millions of people around the world.
Medtronic develops and manufactures a wide range of products
and therapies
with emphasis on providing a complete continuum of care
to diagnose,
prevent and monitor chronic conditions.
Fast facts
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Founded in 1949 in Minneapolis, USA, by Earl E. Bakken and Palmer J. Hermundslie
- Medtronic does business in more than 120 countries
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World headquarters is in Minneapolis, Minnesota, USA
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Regional headquarters include Switzerland and Japan
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Medtronic employs more than
38,000 people worldwide
Financial information
- Revenue for the year ended April
25
,
2008 —USD
13.5 billion
- Annual R&D expenditure is 10 percent of revenue at USD
1.35 billion
- NYSE symbol: MDT
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