FROM A REPAIR SHOP TO A GLOBAL MEDICAL TECHNOLOGY LEADER
Medtronic was founded in 1949 as a medical equipment repair shop by Earl Bakken and his brother-in-law, Palmer Hermundslie.
Did these two men set out to change medical technology and the lives of millions of people? No. But they did have a deep moral purpose and an inner drive to use their scientific knowledge and entrepreneurial skills to help others.
That spirit — combined with our founders' personal integrity and passion — became our guiding philosophy and, ultimately, the Medtronic Mission.
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