Covidien is a large global healthcare products company committed to sustaining strong profit margins and cash flows, while making growth-driving investments for the future. It is a leading manufacturer of medical devices and supplies, diagnostic imaging agents and pharmaceuticals, with 2011 revenue of $11.6 billion. The company is a global market leader, with more than 80% of sales derived from product categories where the Company is #1 or #2 in the market*. Company has a workforce of 41,000 employees worldwide in more than 65 countries, with products sold in over 140 countries. It has 48 manufacturing facilities in 17 countries, dedicated to R&D, spending over $550 million in 2011, with projected increases in 2012 expected to continue the steady upward trend in this key growth-driving investment. The company is committed to creating innovative medical solutions for better patient outcomes and delivering value through clinical leadership and excellence.


Covidien's business segments include Medical Devices such as endomechanical, soft tissue repair, energy, oximetry and monitoring, airway and ventilation, vascular and other products. Pharmaceuticals – Includes specialty pharmaceuticals, active pharmaceutical ingredients, contrast products and radiopharmaceuticals. Medical Supplies - Includes nursing care, medical surgical, SharpSafety and OEM products.


Covidien’s investment in R&D spending has more than doubled in the last four years and, at more than $550 million in 2011, represents nearly 5% of sales. Globally, Covidien has nearly 2,000 employees dedicated to developing products that help healthcare professionals improve patient outcomes. Covidien has launched more than 100 new products in the last five years, and sales of new products have tripled since 2007.


Covidien is committed to being a good corporate citizen through its “Committed to a Healthy World” program, which aims to Protect the health and safety of our employees, Contribute to the availability of quality, affordable healthcare in the communities in which we live and work, Reduce energy consumption and carbon emissions – 10% per square foot reduction in energy use targeted by 2013 and Design products and packages that minimize environmental impact.


Key Brands: Kendall | Mallinckrodt | Nellcor | Puritan Bennett | Valleylab


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