Spun Out, Covidien Rolls On

Covidien, nearly a year removed from spinning out of scandal-plagued parent Tyco International, is pushing forward as an independent company. Covidien execs are investing in new product creation, sales and marketing efforts, and acquisitions. That means Covidien is about to make a big splash in the device industry, with devices bringing in two-thirds of this ambitious company's revenues.

Tom Salemi

Take a walk through the gleaming halls of Covidien Ltd.’s headquarters and you’ll see no signs of its former life as Tyco HealthCare Inc. Covidien, less than a year...

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