sector: Healthcare ·
industry: Medical Equipment, Supplies & Distribution ·
As of
25 Nov 2009
47.35USD
Covidien PLC, formerly Covidien Ltd, is engaged in the development, manufacture and sale of healthcare products for use in clinical and home settings. The Company operates its business through four segments: Medical Devices, which includes the development, manufacture and sale of endomechanical instruments, soft tissue repair products, energy devices, oximetry and monitoring products, airway and ventilation products, vascular devices, SharpSafety products, clinical care products and other medical device products; Imaging Solutions, which includes the development, manufacture and marketing of radiopharmaceuticals and contrast products; Pharmaceutical Products, which includes the development, manufacture and distribution of dosage pharmaceuticals and active pharmaceutical ingredients, and Medical Supplies, which includes the development, manufacture and sale of nursing care products, medical surgical products and original equipment manufacturer products (OEM).
BRIEF: For the fiscal year ended 25 September 2009, Covidien PLC's revenues increased 3% to $10.68B. Net income from continuing operations decreased 41% to $902M. Revenues reflect an increase in income from medical devices and higher revenue from pharmaceutical product segment. Net income was offset by an increase in selling, general & administration expenses and higher research & development expenses.
Covidien plc.
Block G, First Floor
Cherrywood Business Park
Co. Dublin