medtronic one of the world's largest |
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after spending nearly 20 years at ge |
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jeff joined medtronic in 2011 and |
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the coven 19 pandemic in april of 2020. |
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sure well first of all it's a company |
4.0 |
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indulge me for a second |
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in minneapolis uh you know over over 70 |
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the company's grown into a 32 billion |
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operate in like 160 countries or |
3.84 |
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a therapeutic company in three big areas |
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and then the fourth area it's a little |
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administration right they were one of |
3.2 |
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one-third of the ventilators in the |
3.44 |
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2020 and right at that same time the the |
6.68 |
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governor cuomo and uh one of the |
4.16 |
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needed 500 000 ventilators just for new |
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one-third of the world's supply and |
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we're making 200 a week |
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several times a day 24 hours a day |
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we're able to get that 200 a week up to |
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um you know a thousand a week in just a |
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open source one of our ventilators so |
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i'd say three types of partnerships |
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one uh was like you know innovation |
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remotely that was one another would be |
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good partner of ours and then the third |
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about this one part |
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say 100 percent |
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lowest quarter was are 25 down in |
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went down 80 percent and and some went |
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down maybe 10. so it was it was a mix |
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china got hit first and the united |
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batteries uh it's one of our specialties |
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that one of the reasons we have been |
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uh ceos on this one you've got some uh |
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and one of the incentives to do that is |
3.36 |
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couple reasons one |
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one that's on the cutting edge of |
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our our applications are up over 40 |
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are up over 50 for our company those are |
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one-run reason but people aren't finding |
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today three robots you know one we just |
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and there's one um |
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you know one major competitor out there |
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um so we're the second major player to |
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launch a robot and so that's one |
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robots can do more than one procedure |
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you know we will have you know first |
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and the third area is for over at the |
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stimulation to one of your nerves called |
3.84 |
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that business for us is growing uh 20 or |
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it will be in the next year or two and |
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uh 30 less strokes you know 20 less |
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a long journey and we're on the second |
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uh number one is a proposed uh corporate |
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tax 15 |
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at the y you know we made a 10 increase |
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you know we're spending about 2.6 |
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billion a year on uh r d which is |
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20 years um and um |
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look the the first ten there i was that |
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great then the next 10 years things |
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it went downhill um but i had a great 20 |
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me i mean i played from when i was four |
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so your dad would take four kids and |
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would take four kids and so you learned |
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be the captain one year and then you're |
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