Medical Device / MedTech

MiniMed Completes Separation From Medtronic

MiniMed completed its separation from Medtronic and began its first day as a fully independent company, Investing News Network reported.

By ROOK Industry News
MiniMed separation from Medtronic is completed

MiniMed has completed its separation from Medtronic, beginning its first day as a fully independent company, according to Investing News Network.

Investing News Network reported that MiniMed announced completion of its separation from Medtronic plc. In a separate announcement covered by the publisher, Medtronic said it had completed the separation of MiniMed Group, Inc.

MiniMed Begins as an Independent Company

MiniMed described the completed separation as a significant milestone and identified the day as its first as a fully independent company. The company is identified as Nasdaq: MMED in the announcement reported by Investing News Network.

Medtronic is identified as NYSE: MDT. Its announcement confirmed that the separation of MiniMed Group, Inc. had been completed.

The two announcements, both published by Investing News Network, report the same completed event from the perspectives of MiniMed and Medtronic. MiniMed’s announcement centers on its transition to independence, while Medtronic’s announcement addresses the completion of the separation of MiniMed Group, Inc.

Details Reported by Investing News Network

Investing News Network reported that MiniMed and Medtronic each announced the completed separation. MiniMed said the event marked its first day as a fully independent company.

Medtronic’s announcement referenced what MiniMed and Medtronic accomplished together and the difference made in the lives of people with diabetes. The published summaries identify the separation as complete and identify MiniMed as a standalone company.

Key Identifiers

  • MiniMed is identified as Nasdaq: MMED.
  • Medtronic is identified as NYSE: MDT.
  • MiniMed announced its first day as a fully independent company.
  • Medtronic announced completion of the separation of MiniMed Group, Inc.

For medical device sales professionals tracking diabetes care, the event is a completed corporate separation involving MiniMed and Medtronic. Investing News Network published both announcements on the completion of the transaction.

Sources