Principal Corporate Development Associate at Medtronic

Fridley, Minnesota, United States

Medtronic Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Medical DevicesIndustries

Requirements

  • 5+ years of related experience with an MBA

Responsibilities

  • Assess project requirements and identify necessary personnel and information resources for project team
  • Perform market analysis for proposed transactions, and transaction relationship/fit with Medtronic strategic objectives
  • Perform company, market, competitor, and industry research and analysis and prepare profiles
  • Identify and assess opportunities and risks of proposed transactions, including operational and integration synergies and issues
  • Perform detailed financial analysis and develop valuation models for proposed transactions
  • Develop and analyze transaction structures in cooperation with legal personnel
  • Serve as a point of contact with third parties, lawyers, Medtronic Corporate Development leadership and Medtronic operating unit and functional resources in support of proposed transactions
  • Actively participate in negotiation process in cooperation with and with direction from Medtronic Corporate Development leadership
  • Present proposed transactions to appropriate decision making management groups
  • Manage analysis and due diligence processes including coordination of Medtronic functional and business unit personnel
  • Monitor markets, industries and organizations of potential strategic interest
  • Develop broad knowledge of medical technology industry and Medtronic businesses to further develop leadership potential

Skills

Mergers and Acquisitions
Strategic Alliances
Joint Ventures
Market Analysis
Financial Analysis
Deal Structuring
Negotiation
Due Diligence
Project Coordination

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters
1949Year Founded
$3.2MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
10,001+Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
401(k) Retirement Plan
401(k) Company Match
Employee Stock Purchase Plan
Employee Assistance Program
Wellness Program

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.
Spine biologics market growth may attract new entrants, increasing competition for Medtronic.
Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.
The company invests heavily in R&D to drive innovation in medical devices.
Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.
Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.
Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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