September 16, 2014 2:54 PM ET

Healthcare Equipment and Supplies

Company Overview of Medtronic Spine LLC

Company Overview

Medtronic Spine LLC provides minimally invasive therapies for physicians in the United States, Europe, and internationally. It offers KyphX Xpander, an inflatable bone tamp (IBT) that is used for spinal fracture reduction; KyphX Elevate IBT, a single-plane preferential inflation balloon for preferential inferior/superior fracture reduction; KyphX Exact IBT, a uni-directional balloon inflation for focused fracture reduction; KyphX Express for access and rapid reduction of spinal fractures and creation of voids in cancellous bone; and KyphX Latitude Curette to scrape and score bone in the spine. It offers KyphX Osteo Introducer System, a combination blunt dissector stylet and working cannula t...

2600 Sofamor Danek Drive

Memphis, TN 38132

United States

Founded in 1994

1,090 Employees

Phone:

901-396-3133

Key Executives for Medtronic Spine LLC

Principal Executive Officer
Age: 57
Co-Founder
Age: 61
President of International
Age: 51
Vice President of Legal Affairs
Age: 47
Vice President and Controller
Age: 52
Compensation as of Fiscal Year 2014.

Medtronic Spine LLC Key Developments

Medtronic Spine LLC Announces Revenue Results for the Fourth Quarter April 26, 2013

Medtronic Spine LLC announced revenue results for the fourth quarter April 26, 2013. For the quarter, the company reported of $811 million for its fourth quarter, a 1% drop from the same period last year.

Medtronic Spine LLC to Cut 60 Jobs in Memphis

Medtronic Spine LLC will cut about 60 jobs in Memphis as part of a restructuring of worldwide operations. Workers, warned earlier that the restructuring would trim jobs, learned of the layoffs across Medtronic Spine business units. Medtronic Spine has a total workforce of about 1,300 in Memphis. The tech firm is cutting back amid a slowing national economy that has burdened Greater Memphis with a jobless rate in excess of 9% for 48 of the last 51 months.

Medtronic Spine LLC to Restructure Workforce

Medtronic Spine LLC has announced intentions to restructure its workforce, including possible employee layoffs and other cost-cutting measures. The number and location of layoffs have not yet been determined. However, Medtronic's goal is to reduce overall costs by 5% while minimizing the impact to people.

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