E. Geismar - Presentation

8/8/2019 E. Geismar - Presentation

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History and

Background

MedtronicToday

MedtronicDiabetes

A Great Company

to Work For

MedtronicDiabetes


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History and BackgroundMedtronic Mission

History and BackgroundMedtronic Mission

To contribute to human welfare by

application of biomedicalengineering in the research, design,

manufacture and sale of instruments

or appliances that alleviate pain,

restore health and extend life.

To contribute to human welfare by

application of biomedicalengineering in the research, design,

manufacture and sale of instruments

or appliances that alleviate pain,

restore health and extend life.


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Founded in 1949 as amedical equipmentservice company

Founded in 1949 as amedical equipmentservice company

History and BackgroundHistory

History and BackgroundHistory

First external wearablepacemaker

First external wearablepacemaker


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Our Revenue Base Has Grown &Diversified

Our Revenue Base Has Grown &Diversified

FY07

CardiacSurgery

Spine

Vascular

$2.2 Billion

PacingCardiacSurgery

Neuro

ICDs

$12.3 Billion

Neuro

Vascular

Other

Pacing

ICDs

ENT

Diabetes

Physio

FY96


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Medtronic TodayCommitted to Innovation - Research and Development

Medtronic TodayCommitted to Innovation - Research and Development

US $1.1 billion in FY06

10% of sales

US $1.1 billion in FY06

10% of sales

Two-thirds of ourrevenues are from

productsintroduced in thelast two years

Two-thirds of ourrevenues are from

productsintroduced in thelast two years


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Medtronic TodayCommitted to Innovation

Medtronic TodayCommitted to Innovation

Enhanced communication throughthe Medtronic CareLink NetworkEnhanced communication throughthe Medtronic CareLink Network


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USA

Medtronic TodayGlobal Reach

Medtronic TodayGlobal Reach

CanadaEurope

LatinAmerica

Middle East/Africa/India

Eastern EuropeCentral Asia

International Western Europe Canada

Emerging Markets Latin America Eastern Europe Middle East/Africa/India

Asia Pacific

Asia-Pacific Japan

Australia China ASEAN Korea

37,000 Employees

120 Countries

270 Locations

44 Manufacturing Sites

25 R&D Centers

23 Training Facilities

37,000 Employees

120 Countries

270 Locations

44 Manufacturing Sites

25 R&D Centers

23 Training Facilities


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A Great Company to Work ForA Great Company to Work For


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Named one of FORTUNE Magazines 100 Best Places toWork in America six out of the last seven years

Named one of FORTUNE Magazines 100 Best Places toWork in America six out of the last seven years

Included in Money Magazines list of beststocks with best 30 year returns

Named to Fortune's annual list ofAmericas Most Admired Companies andranked #1 in our industry sector 6 years ina row 1998-2004

Named to FORBES A List, whichrecognizes the worlds 400 best bigcompanies

Ranked #53 on Business Ethics annual listof the nations 100 best corporate citizens

Named among Americas top 10 corporatedonors, as a percentage of annual revenue,by Business Week magazine

Received Popular Science Magazines Bestof Whats New award for our Paradigmintelligent insulin pump system


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A Great Companyto Work ForA Great Companyto Work For

MedtronicToday

Medtronic Diabetes

History andBackground


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Medtronic DiabetesDiabetes


Definition: Pancreas does not produce insulin Insulin TreatmentMultiple Daily Injections 3+ injections per day

Pump Therapy

Type 1 Diabetes

Definition: A condition in which the body fails toproperly use insulin

Treatment Diet Oral Medications Exercise

Type 2 Diabetes

Definition: When a pregnant woman develops diabetes Treatment Insulin

Gestational


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Diabetes PrevalenceWorldwide

Diabetes PrevalenceWorldwide

Worldwide = +230Million Affected

Anticipate 370 millionby 2030

Worldwide = +230Million Affected

Anticipate 370 millionby 2030


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Diabetes PrevalenceUSA

Diabetes PrevalenceUSA

5th leading cause of deathin the US

More deaths than AIDSand breast cancer

combined

Average life expectancywith uncontrolled diabetescan be reduced by 15

years

21 Million(7% of the population)

Type 2 Diabetes

19 million Americans

Type 1 Diabetes

2 million Americans


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A division of Medtronic, Inc: $700M+ Sales

World leader in insulin pump therapy andcontinuous glucose monitoring

Diabetes management technology has been oursole pursuit for more than 20 years

Investing more than 10% of annual revenue inR&D

Medtronic Diabetes is on track to introducetechnology that works like an artificial pancreas

Note: Medtronic Acquired MiniMed Aug 2001 for

$3.8 Billion

A division of Medtronic, Inc: $700M+ Sales

World leader in insulin pump therapy andcontinuous glucose monitoring

Diabetes management technology has been oursole pursuit for more than 20 years

Investing more than 10% of annual revenue inR&D

Medtronic Diabetes is on track to introducetechnology that works like an artificial pancreas

Note: Medtronic Acquired MiniMed Aug 2001 for

$3.8 Billion


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Medtronic Diabetes recentlyintroduced the Worlds ONLYInsulin Pump that containsREAL TIME blood sugarreadings

Medtronic Diabetes recentlyintroduced the Worlds ONLYInsulin Pump that containsREAL TIME blood sugarreadings

Medtronic DiabetesSummary

Medtronic DiabetesSummary

More physicians prescribeour brand of insulin pumpsthan all others combined


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Challenges Facing Medtronic DiabetesChallenges Facing Medtronic Diabetes

Creating a physician compatible businessmodel

Creating evidence based medicineRetain technological superiority

Creating a physician compatible businessmodel

Creating evidence based medicineRetain technological superiority


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Addressing Medtronic Diabetes ChallengesThrough the Workforce

Addressing Medtronic Diabetes ChallengesThrough the Workforce

Need individuals strong in math and science

Convergence

Economics

Technology

Need individuals strong in math and science

Convergence

Economics

Technology


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Tools To Address Workforce SolutionsTools To Address Workforce Solutions

Internships

Summer Internship Program

Educational Partnerships

Research Projects

Scholarship Endowments

Community Outreach

Seminars

Internships

Summer Internship Program

Educational Partnerships

Research Projects

Scholarship Endowments

Community Outreach

Seminars

E. Geismar - Presentation

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