Vascular

Discussion in 'Covidien' started by Anonymous, Oct 24, 2014 at 11:35 AM.

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  1. Anonymous

    Anonymous Guest

    So what happened to the comments about ev3 reps getting canned that showed up here yesterday? Gone today..... Interesting
     

  2. Anonymous

    Anonymous Guest

    Good question
    Thinking the same thing
     
  3. Anonymous

    Anonymous Guest


    Probably because of the comment about why they might have been canned... They do some shady unethical shit over there... illegal in many cases
     
  4. Anonymous

    Anonymous Guest

    COV filed 8k today announcing they will be spinning off Vascular Therapies prior to the MDT acquisition...
     
  5. Anonymous

    Anonymous Guest

    No shit?
    Interesting
     
  6. Anonymous

    Anonymous Guest

    Covidien says it plans to divest its some of its vascular therapies business to mollify U.S. anti-trust regulators about its proposed $43 billion merger with Medtronic.


    Covidien (NYSE:COV) said today that it will likely divest some of its vascular therapies business to satisfy U.S. anti-trust regulators ahead of its proposed, $43 billion merger with Medtronic (NYSE:MDT).*

    The divestitures prompted Mansfield, Mass.-based Covidien to log a pre-tax impairment charge of $90 million to $125 million with its 4th-quarter results, according to a regulatory filing.

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    "On Oct. 20, 2014, Covidien plc’s management concluded that a non-cash charge was required for the impairment of non-amortizable in-process research and development projects associated with its vascular therapies product line," according to the filing. "This determination reflects the probability that the in-process technology will be sold in connection with the acquisition of Covidien by Medtronic."

    The vascular therapies business includes devices to treat peripheral artery disease, chronic venous insufficiency and neurological conditions including stroke and aneurysm.
     
  7. Anonymous

    Anonymous Guest

    Maybe Abbott Vascular can buy it and ruin it like they have everything else
     
  8. Anonymous

    Anonymous Guest

    Getting back to original post
    What did JH and CM do to get fired ?
     
  9. Anonymous

    Anonymous Guest

    Probably gOT caught paying for a Dr's mktg with "training" funds... This has been a common tactic..
     
  10. Anonymous

    Anonymous Guest

    So if I got contacted about a position in Vascular, in which "the current rep just was promoted from", I would be wise to wait it out? I don't exactly understand all the jargon from the article, but my basic understanding was they were selling off the Vasuclar Division?
     
  11. Anonymous

    Anonymous Guest

    It's a cluster fuck over there. Classic Covidien.. They promoted an RM in Endovenous to a zone VP level, who has done so many unethical things it's scary.. This guy has tried bribing accounts, strong arming accounts with unethical tactics, thrown employees under the bus, and mist likely will be called soon by the DOJ to answer some tough questions. Have fun SC...when they come knocking...
     
  12. Anonymous

    Anonymous Guest

    My guess is that MDT got wind of the DOJ sniffing around that division and probably told them to dump it or the deal was off.. Why else would they divest it at this point?
     
  13. Anonymous

    Anonymous Guest

    Can anyone confirm that Brennan Marilla was canned? heard that was the case but seems to be inaccurate
     
  14. Anonymous

    Anonymous Guest


    He's not running that group anymore.


    Canned? Quit? Re-assigned? Still collecting a paycheck? Any of those are possible.
     
  15. Anonymous

    Anonymous Guest

    Interesting as he lists on his LinkedIn profile that he was involved in finalizing the Sapheon deal... That was recent and had heard he was fired a few months ago..
     
  16. Anonymous

    Anonymous Guest

    Heard that Abbott Vascular is recruiting the two reps in Philly that Covidien let go. Recruited as a team.
     
  17. Anonymous

    Anonymous Guest

    That would be huge for Abbott since they really don't have much business in philly.
     
  18. Anonymous

    Anonymous Guest

    Yep, he is gone. Went to Surgical Specialties
     
  19. Anonymous

    Anonymous Guest

    Unemployment

    Does Enxing Seng get to collect unemployment?


    Does she count in Obama's overall unemployment figures?