Tyco healthcare changes name to covidien

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TriMed Staff January 26, Screening. Tyco Healthcare announced that it will now be known as Covidien once the division separates from parent company Tyco International this spring and becomes an independent, publicly-traded company. Its product portfolio includes disposable medical supplies, monitoring equipment, medical instruments and bulk analgesic pharmaceuticals.

The healthcare company employs over 43, people worldwide. As an independent, the company plans to embark on a new direction that focuses exclusively on healthcare and benefits from increased flexibility to invest in innovation and organic growth, the company said.

AI tool predicts lung cancer without radiologists or clinical histories. The move comes after Covidien attempted to sell the pharmaceutical unit to another health care company this year. Those talks reportedly broke down, leaving Covidien to examine other options. Covidien — whose products include drugs like acetaminophen as well as surgical supplies and radioactive isotopes used in medical procedures — began as Tyco Healthcare, a wholly owned unit of Tyco International.

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