Earnings up at Medtronic. (The Digest).Medtronic Medtronic Cardiology A major manufacturer of pacemakers, defibrillators, and other cardiac devices Inc., which acquired MiniMed Inc. last year, saw profits rise sharply in the last quarter on strung sales of cardiac devices and accelerating sales of new products. Earnings at the maker of insulin pumps insulin pump n. A portable device for people with diabetes that injects insulin at programmed intervals in order to regulate blood sugar levels. , pacemakers Pacemakers Definition A pacemaker is a surgically-implanted electronic device that regulates a slow or erratic heartbeat. Purpose Pacemakers are implanted to regulate irregular contractions of the heart (arrhythmia). and implantable cardiac defibrillators rose 14 percent to $389.9 million, or 32 cents a share, for its fiscal first quarter, up 14 percent from a year ago. The results exclude a $6.6-million charge for the consolidation of Medtronic's vascular vascular /vas·cu·lar/ (vas´ku-ler) 1. pertaining to vessels, particularly blood vessels. 2. indicative of a copious blood supply. vas·cu·lar adj. operations. Medtronic's revenue rose 165 percent to $1.71 billion. |
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