Medtronic was founded in 1949 by Earl Bakken and his brother-in-law, Palmer Hermundslie, as a repair shop for medical equipment. Have these two men set out to change medical technology and millions of people's lives? No. No. No. But they had a deep moral purpose and an inner drive to use their knowledge of science and entrepreneurship to help others. That spirit — together with the personal integrity and passion of our founders — became our guiding philosophy and ultimately the Medtronic Mission. Our first life-changing therapy — a battery-powered, wearable cardiac pacemaker — was the foundation for many more medtronic therapies that use our expertise in electrical stimulation to improve millions of people's lives. We have developed additional core technologies over the years, including mechanical implantable devices, drug and biological delivery devices, and powered and advanced energy surgical instruments. Today, nearly 40 medical conditions are being treated with our technologies.

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