1960
Employees: 50
Revenue: $180,000
Net loss: $16,000
Products: 13 devices, including pacemakers, Telecor heart-activity monitors, coagulation generators (to control bleeding during surgery)
2010
Employees: 40,000
Revenue: $15.8 billion
Net income: $3 billion
Products: Pacemakers, implantable and external defibrillators, cardiac stents, neurostimulators, heart valves, spine surgery devices, insulin pumps, glucose monitors and more.
Beginning words of mission statement: 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 from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Business
Business
Stock market today: World stocks track Wall Street gains ahead of earnings reports
Global markets were mostly higher Tuesday after U.S. stocks clawed back a chunk of their losses from the week before, with roughly 150 companies in the S&P 500 set to report earnings this week.
Business
Tensions between Beijing and Washington are the biggest worry for US companies in China, report says
Simmering tensions between Beijing and Washington remain the top worry for American companies operating in China, according to a report by the American Chamber of Commerce in China released Tuesday.
Business
Facing pressure from rights groups, World Bank suspends funding for Tanzania tourism project
The World Bank has suspended funding for a tourism project in Tanzania that caused the suffering of tens of thousands of villagers, according to a U.S.-based rights group that has long urged the global lender to take such action.
Business
Starbucks takes on the federal labor agency before the US Supreme Court
After Starbucks fired seven workers who were trying to unionize their Tennessee store, a U.S. government agency obtained a court order forcing the company to rehire them. Now, Starbucks wants the Supreme Court to curb the government's power in such cases.
Nation
Global plastic pollution treaty talks hit critical stage in Canada
Thousands of negotiators and observers representing most of the world's nations are gathering in the Canadian city of Ottawa this week to craft a treaty to stop the rapidly escalating problem of plastic pollution.