Worldwide celebrations mark global leader's year of robust growth
following separation from Tyco International
MANSFIELD, MA, July 9 /CNW Telbec/ - Covidien (NYSE: COV, BSX: COV) will
mark its highly successful first year as an independent healthcare products
company with worldwide celebrations on July 10, 2008. The Company and its
42,000 employees will commemorate the historic milestone with "Covidien@One"
anniversary activities at more than 200 offices, laboratories and
manufacturing facilities located in 57 countries around the world.
Covidien President and Chief Executive Officer Richard J. Meelia
congratulated employees on their outstanding efforts during the Company's
first year, noting "a tremendous sense of pride and excitement about what we
have accomplished." Mr. Meelia told employees, "With your hard work and
dedication, the year ahead will bring continued strong progress as we launch
major new products, execute our strategic growth initiatives and further
globalize our business."
Romeo Catracchia, President of Covidien Canada, located in Pointe-Claire,
Quebec, echoes Mr. Meelia's comments, adding that "We at Covidien Canada are
very proud to be part of a company whose products and services enhance the
quality of life for patients each day, all across the country."
Covidien is the world's fifth largest healthcare products company, with
nearly $9 billion in revenue in fiscal 2007.
Covidien is a leading global healthcare products company that creates
innovative medical solutions for better patient outcomes and delivers value
through clinical leadership and excellence. Covidien manufactures, distributes
and services a diverse range of industry-leading product lines in
four segments: Medical Devices, Imaging Solutions, Pharmaceutical Products and
Medical Supplies. With 2007 revenue of nearly $9 billion, Covidien has more
than 42,000 employees worldwide in 57 countries, and its products are sold in
over 130 countries. Please visit www.covidien.com to learn more about our
For further information:
For further information: Media Contact: David Young, (508) 261-6330,