Medtronic

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Overview

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
DateTitle
08/28/14Medtronic Receives Clearance for the SHILLA(TM) Growth Guidance System
First U.S. Growth Guidance System Cleared to Treat Scoliosis with Children's Needs in Mind MEMPHIS, TN - Aug. 28, 2014 - Medtronic, Inc. (NYSE: MDT), today announced the 510(k) clearance and launch of the SHILLA(TM) Growth Guidance System. The system is designed for treatment of skeletally immature pediatric patients less than 10 years of age diagnosed with severe, progressive, life-threatening, early-onset spinal deformities. The SHILLA(TM) Growth Guidance System is a new growth-sparing tech... 
08/27/14Medtronic Announces First Implants in Largest-Ever, Global Trial of Cardiac Resynchronization Therapy
Post-Market Clinical Trial Will Assess Superiority of the AdaptivCRT® Feature Compared to Standard CRT MINNEAPOLIS - Aug. 27, 2014 - Medtronic, Inc. (NYSE:MDT) today announced the first implants in a clinical trial that will compare patient and healthcare system outcomes - including patient mortality and hospitalizations - in heart failure patients who have cardiac resynchronization therapy (CRT) devices with the AdaptivCRT® feature enabled versus patients receiving standard CRT. The AdaptRespo... 
08/27/14Medtronic Acquires NGC Medical to Strengthen Its Integrated Health Solutions Portfolio
NGC's Hospital Managed Services Business Adds to Medtronic's Growing Healthcare Services and Solutions Portfolio TOLOCHENAZ - August 27, 2014 - Medtronic, Inc. (NYSE: MDT) today announced that it has completed the acquisition of NGC Medical S.p.A. (NGC), a privately-held Italian company, in a transaction that values NGC at $350 million. Medtronic held a 30 percent ownership stake in the company prior to the completion of the acquisition. NGC will serve as the Managed Services arm for Medtronic'... 
Medtronic in the News
DateTitle
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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Media contact:
Fernando Vivanco
fernando.vivanco
@medtronic.com

763-505-3780

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