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Medtronic Inc

BUSINESS
March 10, 1999 | LESLIE EARNEST, TIMES STAFF WRITER
Medtronic Inc. said Tuesday it plans to close its Anaheim plant within two years, eliminating most of the 560 jobs to avoid duplicating work at another site that the company has acquired. Employees learned of the closure on Monday, the same day Medtronic completed its acquisition of the Minnesota-based Avecor Cardiovascular Inc. The Anaheim and Avecor facilities make devices that supply oxygen to blood that is rerouted outside of the body during heart surgery.
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BUSINESS
March 10, 1999 | LESLIE EARNEST, TIMES STAFF WRITER
Medtronic Inc. said Tuesday it plans to close its Anaheim plant within two years, eliminating most of the 560 jobs to avoid duplicating work at another site the company has acquired. Employees learned Monday of the closure, the same day Medtronic completed its acquisition of the Minnesota-based Avecor Cardiovascular Inc. The Anaheim and Minnesota facilities make devices that supply oxygen to blood that is routed outside the body during heart surgery.
BUSINESS
October 13, 1998 | JAMES PELTZ and MICHAEL HILZIK
Stock Exchange gives readers a chance to listen in as staff writers James Peltz and Michael Hiltzik debate the merits of individual stocks and other investments. Bed Bath & Beyond (BBBY) Jim: Let's start, Mike, with Bed Bath & Beyond. This is a chain of 150 or so superstores that peddle household accessories, everything from shower curtains to kitchen knives. Mike: Sounds like one-stop shopping for Norman Bates. But Bed Bath & Beyond isn't exactly unique, right?
BUSINESS
June 30, 1998 | Bloomberg News
Medtronic Inc., the world's No. 1 manufacturer of pacemakers, plans to buy Physio-Control International Inc., the world's largest maker of external defibrillators, for $538 million in stock and assumed debt. External defibrillators give a shock to patients whose hearts have stopped, or are in danger of doing so, to restore normal rhythm. Medtronic's planned entry into the growing external-defibrillator market comes as the company fights to move ahead of Guidant Corp.
NEWS
August 5, 1997 | EDWIN CHEN, TIMES STAFF WRITER
The Food and Drug Administration on Monday approved a bold deep-brain implant that promises to ease the uncontrollable tremors experienced by thousands of patients with Parkinson's disease and an equally disabling disorder called "essential tremor." The deep-brain stimulator, which has been available in Europe for several years, has enabled many patients to once again eat, drink, write and perform an array of daily living activities by themselves, said Dr. Michael J.
CALIFORNIA | LOCAL
March 21, 1997
Say the words "research methods class" and images of nerds mumbling to themselves in cluttered study carrels may come to mind. But that's not the case in the research methods class at the Van Nuys High School Medical Magnet, where students are gaining hands-on experience by creating their own high-tech research projects. In the last three years, the research methods class has won nearly $50,000 in grants from Medtronic Inc.
CALIFORNIA | LOCAL
March 21, 1997 | KARIMA A. HAYNES
Say the words "research methods class" and immediately images of nerds mumbling to themselves in cluttered study carrels come to mind. But that's not the case in the research methods class at the Van Nuys High School Medical Magnet, where students are gaining hands-on experience by creating their own high-tech research projects. In the past three years, the research methods class has won nearly $50,000 in grants from Medtronic Inc.
CALIFORNIA | LOCAL
November 4, 1995 | KATE FOLMAR
A research methods class at the Van Nuys High School Medical Magnet this week was awarded a $15,889 grant to buy computer software for image processing, probes for wind tunnel research, and graphing calculators. Over the last two years, the Woodland Hills branch of Medtronic Inc. has given the school about $29,000 in grants for the class. "This class teaches kids to think," said teacher Robert Coutts. "In the public school system, they learn to memorize facts, take tests and get grades.
BUSINESS
March 21, 1995 | From Associated Press
Medtronic Inc. has received approval for a heart-rhythm regulator that is simpler to implant than earlier versions and thus results in shorter hospital stays and savings for patients. With Monday's announcement that its Jewel line of defibrillators has been approved, Medtronic shares gained $2.375 to close at a 52-week high of $70 on the New York Stock Exchange. Medtronic said the Food and Drug Administration approved five models of the Jewel on Friday.
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