"Covidien is: * A large global healthcare company committed to sustaining strong margins and cash flows while making investments for growth * A leading manufacturer of medical devices and supplies, diagnostic imaging agents and pharmaceuticals, with 2007 revenue of nearly $9 billion and industry-leading profit margins * 42,000 employees strong in more than 130 countries worldwide with an expanding presence in emerging markets around the world * Dedicated to R&D, spending more than $250 million in R&D during 2007 alone, with that amount expected to increase in 2008 * Committed to creating innovative medical solutions for better patient outcomes and delivering value through clinical leadership and excellence "