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Biotech / Medical : Medtronic (MDT)
MDT 92.21+2.4%Nov 7 9:30 AM EST

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To: Tunica Albuginea who wrote (492)5/15/2000 1:05:00 PM
From: Jack Hartmann   of 687
 
Summary of Bill George interview on CNBC
- goal to have 72% of revenues from products introduced within last two years
- will allocated 10% on new revenue back into R&D
- Parkinson Disease product is exciting, awaiting FDA action this summer
- Three new devices in the heart failure area; monitoring device, stimulator, and a defribulator/stimulator
- 5% survival rate for heart failure now?
- Wants "perfect quality every time"
- New B2B exchange allow direct connection to customer and will have GDT and BSX also.
Jack
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