Medtronic workers in India mentor Minn. high school students

It's not unusual for Minnesota-company professionals mentoring high school students. So it was this past spring with Fridley-based Medtronic Inc. and students at Buffalo High School. But there was a twist. The Medtronic employees mentoring Brenda Diekman's accounting class weren't local. They are halfway around the world – in Mumbai, India.

Author:
BMTN Staff
Updated:
Mar 8, 2018
Original:
Aug 4, 2012

It's not unusual for Minnesota-company professionals mentoring high school students. So it was this past spring with Fridley-based Medtronic Inc. and students at Buffalo High School. But there was a twist. The Medtronic employees mentoring Brenda Diekman's accounting class weren't local. They are halfway around the world – in Mumbai, India.

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A respected Indian business publication is reporting that Medtronic is negotiating with an Indian medical technology company to make a strategic investment in it. Trivitron Healthcare is reportedly India’s largest med tech company. The Fridley-based company has not commented specifically on the deal, however, CEO Omar Ishrak has made no secrets about his interest in India.

The Mayo Clinic is among medical centers testing a device for patients whose high blood pressure does not respond to drugs. Medtronic's device uses a groundbreaking treatment to disrupt nerve signals that elevate blood pressure. But to qualify for the trial, patients must meet strict requirements that are challenging clinics and frustrating rejected patients.

The Fridley-based medical device maker plans to eliminate positions in facilities around the globe, including 220 positions at its Mounds View-based division. Medtronic topped expectations in the fourth quarter, but continues to struggle with the sale of heart rhythm devices as well as devices used in spine surgery.

A new report from a U.S. Senate committee alleges Fridley-based Medtronic Inc. was "heavily involved in drafting, editing and shaping the content of medical journal articles" to downplay the risks of its controversial Infuse bone graft product used in spinal surgery, the Wall Street Journal reports.

British regulators warn the device has a battery defect that can fail to properly shock a heart back into a normal rhythm. Patients are encouraged to see their cardiologists to ensure an audible "low-battery" alert is working properly. Fridley-based Medtronic denied any wrong doing, but settled lawsuits regarding battery issues in its Marquis line of defibrillators less than four years ago.

Fridley-based Medtronic will be getting $17 million over the next three years for an initiative aimed at stabilizing blood sugar levels in diabetics. The medical technology company announced Friday that they are getting the money from the Juvenile Diabetes Research Foundation and the Helmsley Charitable Trust to improve existing and develop new artificial pancreas technology.

The federal class action suit was filed by the Minneapolis Firefighters Relief Association in 2008. It accused the Fridley-based medical device maker of making misleading or false statements about the company's Infuse spine surgery device. Medtronic denies any wrongdoing.

The U.S. Department of Justice spent four years looking into whether the Fridley-based manufacturer encouraged doctors to use the product in ways not described on the FDA-approved label. Medtronic denies any wrongdoing, but still faces civil lawsuits and agreed to pay $85 million in March to settle a federal securities lawsuit.

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