About Medtronic plc (MDT)

Company Description:

Medtronic plc, a global leader in medical technology, services, and solutions, focuses on improving the lives of millions of people worldwide. The company offers products and therapies for various medical conditions, including cardiac and vascular diseases, diabetes, and neurological and musculoskeletal conditions.

Medtronic was founded in 1949 by Earl Bakken and Palmer Hermundslie and is now headquartered in Dublin, Ireland, reflecting a strategic move to better align itself in the global marketplace.

Main Product(s):

Medtronic's primary products include pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, and surgical tools, reflecting its focus on diverse medical arenas.

Short History of Medtronic plc:

• 1949 – Medtronic was founded in Minneapolis, Minnesota, by Earl Bakken and Palmer Hermundslie.
• 1960 – The company produced the first battery-operated, wearable external pacemaker.
• 1977 – Medtronic began trading on the New York Stock Exchange.
• 1998 – Medtronic acquired Sofamor Danek, expanding into spinal and biologics.
• 2015 – Medtronic completed its acquisition of Covidien, significantly expanding its product portfolio.
• 2020 – The company continued to innovate in the minimally invasive surgery space and digital health.