2. Manufacturing site Ireland
Excellent Skill Base, thriving R&D sector and track record of
bring innovative products and services to market quickly
Lowest(12.5%) corporate tax in EU and provides tax credit of
25% of capital and revenue spent on qualifying R&D.
Irish Government committed to an €8.2 billion investment in
science and technology research until 2013.
Its strategic location covers more than 60 markets across the
globe.
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3. Key Areas of Growth
Cardiovascular-GMedTech is focused on Cardiovascular
research with the significant investment by Abbott, Boston
Scienctifiic,Guidant and Medtronic.
Orthopaedics-Manufacturing Facilities by industry leaders
like Stryker ,J&J,Depuy
Diagnostics-Abbott Diagnostics and Beckman coulter
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Medical Device Manufacturing Companies Analysis
5. Company Overview
Company Ireland Employees Facilities
Location
Key Areas of
Growth
Medtronic 1999 Over 2000 Galway Cardiovascular
Baxter 1972 Over 1000 Mayo Renal and
Medication
Products
Stryker 1977 Over 1200 Cork and
Limerick
Orthopaedics
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Medical Device Manufacturing Companies Analysis
6. Medical Product Profile
Medtronic Cardiovascular Products- Implantable cardiac
pacemakers, implantable cardioverter defibrillators, cardiac
resynchronization therapy devices, arctic front cardiac
cryoablation catheters, and patient management tools e.g.
Carelink network
Baxter Renal and Medication Products- Aquarius
system,aqualine blood tubing system,CRRT, dianeal PD
solution ,ultrbag system, dianeal Single Bag, automated
Peritoneal dialysis system etc
Stryker Orthopaedics Products-Trident Polyethylene
bearings(HRS),Triathlon(KRS),Solar shoulder, Elbow,
Simplex P Bone Cement etc
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Medical Device Manufacturing Companies Analysis
7. Key Business Financial Matrices
Inventory Turn over -Higher Inventory turnover results in better
performance of the company however a very high turnover may
be result of loss of sales due to shortage of inventory.
Working Capital (Net Cash Flow)-A higher Cash flow results in
positive Working Capital and shows how well a company can
pay short-term liabilities and will not suffer from liquidity Crunch
in future.
Return of Investment (ROI)-Higher the ROI of the company
better is the performance .consistency in ROI shows the
company is doing excellent
Gross Profit –Investor compare GP with company competitors
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Medical Device Manufacturing Companies Analysis
Medtronic -To diagnose, treat, and manage heart rhythm disorders and heart failure implantable Baxter-Products-Renal and Medication products that are used to treat patients with haemophilia, immune deficiencies, infectious diseases, cancer, kidney diseaseStryker-Products-Hip Replacement Systems, Knee Replacement Systems, Bone Cement and Precise Cutting Accessories including Micro Rotary Instruments and Bone Saw Blades.
1.Inventory Turn Over =Cost of Good Sold/Average Inventory2.Working Capital=CurrentAssests –Current Liabilities3.Return of Investment =Net Income /(Long term Debt+Total Shareholders Equity)