Medtronic plc, headquartered in Dublin, Ireland, is the global leader in medical technology - alleviating pain, restoring health, and extending life for millions of people around the world. Photo courtesy of Medtronic

Dublin, Ireland - February 27, 2015

Medtronic plc (NYSE: MDT), the world's leading medical technology company, today announced it will participate in the Cowen and Company 35th Annual Healthcare Conference in Boston.

Michael J. Coyle, executive vice president and president of Medtronic's Cardiac and Vascular Group, will make a presentation about Medtronic on Tuesday, March 3, 2015, beginning at 11:20 a.m. EST (10:20 a.m. CST).

Photo courtesy of Medtronic

A live audio webcast of the presentation will be available on March 3, 2015, by clicking on the Investors link on the Medtronic home page at http://www.medtronic.com 

Medtronic Acquires Advanced Uro-Solutions

NURO Percutaneous Tibial Nerve Stimulation System to Enhance Neuromodulation Product Offerings for Treatment of Bladder Control Issues

Dublin, Ireland - February 23, 2015 - Medtronic plc (NYSE: MDT) today announced that it has acquired Advanced Uro-Solutions, a privately-held developer of neurostimulation products for the treatment of bladder control issues based in Elizabethton, Tennessee, USA.

Terms of the acquisition agreement, which closed in December 2014, were not disclosed.

Photo courtesy of Medtronic

Advanced Uro-Solutions develops and manufactures the NURO(TM) percutaneous tibial nerve stimulation system, which consists of a small external stimulator and a single, reusable lead to provide temporary stimulation to the tibial nerve.

This therapy is 510(k) cleared by the FDA to treat patients with overactive bladder (OAB) and associated symptoms of urinary urgency, urinary frequency and urge incontinence.

Medtronic is preparing to launch the NURO system in the U.S. within the next 12 months.

More than 37 million adults in the United States - one in six - suffer from OAB.1,2 By 2018, it is estimated that 546 million people worldwide will be affected by OAB.3

Photo courtesy of Medtronic

"The acquisition of Advanced Uro-Solutions expands Medtronic's portfolio of treatment options for those suffering from chronic symptoms of overactive bladder," said Linnea Burman, vice president and general manager, gastro/urology therapies at Medtronic.
"Medtronic continues to invest in fully-implantable bladder control and bowel control therapies, and the addition of the NURO system to our existing portfolio of products will introduce more people suffering from bladder control issues to the benefits of neuromodulation."

Courtesy of Medtronic

Since 2009, Advanced Uro-Solutions has been led by two founders, Dr. Brent Laing and Dr. John Green.

Courtesy of Medtronic

"Studies show that roughly 80 percent of patients prescribed oral medications to treat their OAB symptoms have stopped taking them at 12 months, and Medtronic shares our commitment to advancing neuromodulation and increasing patient access to advanced solutions intended to treat their symptoms," said Dr. John Green, former chairman and CEO of Advanced Uro-Solutions.
"We are excited to take this step toward making this important therapy available to patients around the world."

Courtesy of Medtronic

Medtronic developed and leads the field of neuromodulation, the targeted and regulated delivery of electrical pulses and pharmaceuticals to specific sites in the nervous system.

The company's Neuromodulation division includes implantable neurostimulation and targeted drug delivery systems for the management of chronic pain, common movement disorders, spasticity and urologic and gastrointestinal disorders.

Courtesy of Medtronic

Medtronic will include revenue from the Advanced Uro-Solutions product line as part of the Neuromodulation division within the Restorative Therapies Group segment.

Courtesy of Medtronic

The transaction is expected to meet Medtronic's long-term financial metrics, and the annualized earnings impact of this acquisition is not expected to be material.

Courtesy of Medtronic

About Medtronic


Medtronic plc ( www.medtronic.com ), headquartered in Dublin, Ireland, is the global leader in medical technology - alleviating pain, restoring health, and extending life for millions of people around the world.

Overview

Our businesses fall into three main groups at Medtronic:

1. Cardiac and Vascular Group (CVG): $8.8 Billion

2. Restorative Therapies Group (RTG): $6.5 Billion

3. Diabetes Group (DG): $1.7 Billion

FY2014 Revenue by Business (in millions), Medtronic plc Courtesy of Medtronic

Product Leadership

With its expanded portfolio of innovative products and services, Medtronic is a preeminent leader in delivering therapy and procedural innovations to address the major disease states impacting patients and healthcare costs around the world.

The acquisition of Covidien brought an impressive portfolio of industry-leading products that enhance Medtronic’s existing portfolio, offer greater breadth across clinical areas, or create exciting entry points into new therapies.

Photo courtesy of Medtronic

The combined company offers pioneering therapy innovations across a broad range of areas including:

1. Transcatheter valves
2. Peripheral vascular therapies
3. Pacing systems
4. Predictive cardiac diagnostics
5. Virtual pancreas
6. Stroke therapies
7. Advanced energy products
8. Bariatric surgery
9. Minimally invasive and assisted surgery
10. Lung and GI cancer diagnostics and therapy

Photo courtesy of Medtronic

Medical device categories

Between Medtronic and Covidien, we are number one in 12 medical device categories, including:

1. Cardiac rhythm disease management
2. Coronary stents
3. Diabetes
4. Endovascular
5. Medical supplies (U.S.)
6. Minimally invasive surgery
7. Neuromodulation
8. Neurovascular
9. Peripheral vascular
10. Respiratory and monitoring
11. Spine
12. Surgical technologies

Photo courtesy of Medtronic

More Information:

ASTROMAN Magazine - 2014.06.20

Medtronic to Acquire Covidien for $42.9 billion in Cash and Stock

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1739  

Courtesy of Medtronic

Contacts:

Justin Ihle
Public Relations
+1-763-526-0911

Jeff Warren
Investor Relations
+1-763-505-2696

Medtronic plc, headquartered in Dublin, Ireland, is the global leader in medical technology - alleviating pain, restoring health, and extending life for millions of people around the world. Photo courtesy of Medtronic

Video
The Medtronic Journey

https://www.youtube.com/watch?v=wCb50q0NNag  


Video
Medtronic At A Glance

https://www.youtube.com/watch?v=HPTgaHb8pSw  



Michael Coyle

Executive Vice President and Group President, Cardiac and Vascular Group

Michael J. Coyle Photo courtesy of Medtronic

Michael J. Coyle was named Executive Vice President and Group President for the Medtronic’s Cardiac Rhythm Heart Failure (CRHF), Coronary and Structural Heart (CSH), and Aortic and Peripheral Vascular (APV) business units in December 2009.
In this role, Mike oversees three Medtronic businesses, providing strategic direction, and ensuring cross-functional synergies including integrated growth plans and alignment.

Prior to joining Medtronic, Mike most recently provided leadership consulting services to private equity, venture capital and medical device technology firms.

From 2001 to 2007, he served as President of the CRM division at St. Jude Medical where he led the company’s global pacemaker, implantable cardioverter defibrillator, and cardiac resynchronization businesses.

He also served St. Jude as President of the company’s Daig Catheter division.
In addition, Mike has held numerous leadership positions at Eli Lilly & Company.

He earned a bachelor’s degree from Case Western Reserve University and a master’s degree in business administration from the Wharton School of Business, University of Pennsylvania.


Source: Medtronic plc

http://newsroom.medtronic.com/  



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