Medtronic isn't "homegrown" in Galway.
Medtronic was built in Minnesota and is mostly still in Minnesota. Specifically, it grew out of Earl Bakken's success in creating the first pacemaker with a car battery in his garage in the 50s.
They are now technically based in Ireland because they bought out Covidien a few years ago largely so they could switch their official headquarter to Ireland for tax purposes.
I've interviewed the woman who leads Ireland's efforts to attract outside investment to their medtech industry. She gave me socks with the IDA Ireland logo. I technically probably shouldn't accept that but it doesn't really matter.
Ireland's medtech sector is fairly impressive and Brexit is likely to help it even more.
Medtronic was built in Minnesota and is mostly still in Minnesota. Specifically, it grew out of Earl Bakken's success in creating the first pacemaker with a car battery in his garage in the 50s.
They are now technically based in Ireland because they bought out Covidien a few years ago largely so they could switch their official headquarter to Ireland for tax purposes.
I've interviewed the woman who leads Ireland's efforts to attract outside investment to their medtech industry. She gave me socks with the IDA Ireland logo. I technically probably shouldn't accept that but it doesn't really matter.
Ireland's medtech sector is fairly impressive and Brexit is likely to help it even more.
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