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Covidien International Finance

Luxembourg, Luxembourg
Ownership
Private
Employees
~38000
Development stage
Other
01

Overview

Covidien was a leading global healthcare products company specializing in the development and manufacture of medical devices and supplies. Originally the healthcare division of Tyco International, it was spun off as an independent public entity in 2007 before being acquired by Medtronic in 2015 for approximately $43 billion. The company's extensive portfolio included industry-standard technologies for surgical stapling, vessel sealing, patient monitoring, and airway management. Covidien International Finance S.A. served as the primary financing arm for the organization, managing debt issuance and capital structure. Following the acquisition, Covidien's operations were integrated into Medtronic's Minimally Invasive Therapies Group, significantly expanding Medtronic's global footprint in the surgical space. The legacy of Covidien remains central to modern surgical suites through widely used brands like LigaSure and Tri-Staple.

Therapeutic areas
CardiovascularPulmonologyOtherGastroenterology
Modalities
Device
Industry
Surgical Medical Devices

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