And yet Medtronic just announced mass layoffs. This may be the greatest medical breakthrough that Obamacare refused to pay for.
No surprise. Medtronics made the decision several years ago to get out of actual manufacturing, and become a medical holding company that bought up small companies and their technology. My company had developed an advanced detection methodology for a blood clotting agent. We licensed the tech to Medtronic. Unfortunately, we neglected to include a "you lose it if you don't use it" clause in the contract. Turns out Medtronics had just bought a company that made a competing (but less accurate/precise) method. So Medtronics shelved our stuff as "too advanced for the current market", and we were left hung out to dry. Won't make THAT mistake again!