The Medtronic Newsroom is designed to assist media in finding news and information about our company.

Medtronic, founded in a Minneapolis garage in 1949 by Earl Bakken and his brother-in-law, Palmer Hermundslie, is the world’s leading maker of medical devices.

Our Mission has not changed since Earl Bakken wrote it in 1960: To contribute to human welfare by application of biomedical engineering in the research, design, manufacture, and sale of instruments or appliances that alleviate pain, restore health and extend life.

More than 9 million lives are enhanced every year by a Medtronic product or therapy; that’s one every three seconds.

Medtronic is headquartered in Minneapolis, MN and operates in more than 140 countries. The company employs 46,000 people, including 5,800 scientists and engineers, pursuing research and innovation that has led to more than 28,000 patents.

Most Recent Press ReleasesRead More
08/21/14Medtronic Announces Cash Dividend for Second Quarter of Fiscal Year 2015
MINNEAPOLIS - August 21, 2014 - The board of directors of Medtronic, Inc. (NYSE:MDT) today approved a cash dividend of $0.305 per share of the company's common stock. The quarterly dividend represents a 9 percent increase over the prior year. The dividend is payable on October 24, 2014, to shareholders of record at the close of business on October 3, 2014. Medtronic, a constituent of the S&P 500 Dividend Aristocrats index, has committed to returning 50 percent of its free cash flow to shareholde... 
08/20/14Greater Twin Cities United Way and Medtronic Join Forces to Advance Health Equity in Minnesota
MINNEAPOLIS - August 20, 2014 - Greater Twin Cities United Way today strengthened their long-standing commitment to improving the health and well-being of Twin Cities' communities by teaming up with Medtronic Philanthropy on a new partnership designed to promote access to quality healthcare in the region. This commitment is a five-year, $2.5-million initiative that will leverage shared research, resources and community-based approaches to give people in underserved communities a better chance to... 
08/19/14Medtronic Reports First Quarter Earnings
Revenue of $4.3 Billion Grew 4% on Constant Currency Basis; 5% as Reported Non-GAAP Diluted EPS of $0.93, Growth of 6%; GAAP Diluted EPS of $0.87, Decline of 6% Company Reiterates FY15 Revenue Growth Outlook and EPS Guidance Company Reaffirms Commitment to Covidien Transaction MINNEAPOLIS - Aug. 19, 2014 - Medtronic, Inc. (NYSE: MDT) today announced financial results for its first quarter of fiscal year 2015, which ended July 25, 2014. The company reported worldwide first quarter revenu... 
Medtronic in the News
05/03/14Med-Tech Industry is Booming in China – Minneapolis Star Tribune
02/18/14The 50 Smartest Companies for 2014 – MIT Technology Review
02/18/14Innovation is just what the doctor ordered – Shanghai Daily
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