Medtronic ’s decision to spin out its diabetes division into a separate entity marks a major shift — one that allows the medical device giant to shed a lower-margin, consumer-facing business ...

Medtronic reported a fourth quarter global revenue of nearly $9 billion on Wednesday, totaling more than $33.5 billion globally for fiscal year 2025.

Medical-device maker Medtronic MDT -0.13% plans to separate its diabetes business into a stand-alone company, the company said, in a move that hives off a division that had struggled but recently ...

Medical device maker Medtronic said on Wednesday it plans to separate its diabetes business, which houses its insulin pumps and other wearable devices, into a stand-alone company and forecast 2026 ...

Medtronic said about 80% of the $2.75 billion it collected from diabetes sales during its 2025 fiscal calendar came from recurring sources—such as disposable equipment for its continuous glucose ...

Separately, Medtronic forecast its fiscal 2026 adjusted earnings per share in the range of $5.50 to $5.60, below Wall Street estimates of $5.83, according to data compiled by LSEG.

Medtronic's operational headquarters are in Minneapolis, Minnesota. ·MedTech Dive·Courtesy of Medtronic Ricky Zipp Wed, May 21, 2025, 4:28 AM4 min read ...

Medtronic in 2015 acquired the brand’s parent, Covidien, for $49.9 billion. Du, the former Medtronic ventilation executive, is now the CEO of ventilator maker Nihon Kohden OrangeMed.

The revenue miss came as sales at Medtronic's Medical Surgical division declined 1.9% to $2.07 billion. The company pointed to stapling segment pressures, as well as a drop in purchases of its ...

As for Medtronic, it started 75 years ago with just two employees. It now employs 95,000 around the world — 10,000 of them right here in Minnesota.

Medtronic scores FDA approvals for several new therapies to drive sales Company has little competition in some emerging markets By Burl Gilyard The Minnesota Star Tribune September 14, 2024 at 9:45AM ...