Covidien makes debut as Tyco spinoff

Covidien (formerly Tyco Healthcare) has launched, with the company's shares trading on the New York and Bermuda Stock Exchanges.

The spin-off from Tyco International operates in five business segments, including medical devices, imaging (including contrast developer Mallinckrodt of St. Louis), pharmaceutical products, medical supplies, and retail products, according to the Pembroke, Bermuda-based firm. Covidien had $9.6 billion in revenue in 2006.

By AuntMinnie.com staff writers
July 5, 2007

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