Full-Time
Medical device maker advancing therapies
€32.4k - €48.6k/yr
Barcelona, Spain
Remote
Travel across Catalonia is expected; candidates should be based in Barcelona or nearby.
Bachelor's
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Medtronic makes medical devices and therapies to treat chronic diseases, including implantables, sensors, and diabetes management tools. Its devices interact with the body to regulate or monitor functions, such as pacemakers delivering heart stimulation and neuromodulation devices sending electrical signals. The company differentiates itself through a long history of device development and a broad portfolio, expanded via acquisitions to access new technologies and markets. Its goal is to improve patient health outcomes by providing integrated medical technologies that help manage chronic conditions.
Company Size
10,001+
Company Stage
IPO
Headquarters
Fridley, Minnesota
Founded
1949
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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
Jim Cramer described Medtronic as a "quandary" on Mad Money, noting the medical device company delivered strong growth but its stock price remains unchanged since reporting. Medtronic posted fiscal first-quarter revenue of nearly $9.8 billion, up 13.7% organically, whilst non-GAAP diluted earnings per share rose 15.1% to $1.45. The company raised its full-year organic revenue growth forecast to 7.25%-7.75% from 6.75%-7.25%. Cardiovascular revenue increased 18.9% organically to $3.927 billion, with Cardiac Ablation Solutions up 88%. Medtronic plans to separate its diabetes division by year-end. Cramer expressed concern about diabetes divisions amid rising GLP-1 treatments. The first quarter included an extra fiscal week contributing approximately $570 million to growth.
Medtronic's (MDT) heart devices are suddenly outgrowing the rest of med-tech. Published September 9, 2026 at 10:18 pm EDT On September 1, Medtronic (NYSE:MDT) reported fiscal 2027 first-quarter results that blew past its own guidance, with revenue of $9.8 billion and organic growth of 13.7%. An extra selling week included in the quarter, which ended July 31, added roughly $570 million to that figure. Still, even stripping that out, management called it the strongest quarter in nearly eight years. The company used the beat to raise its full-year outlook. A heart business on fire. Cardiovascular revenue jumped 18.9% organically to $3.9 billion, and the standout inside it was Cardiac Ablation Solutions, which grew 88% worldwide. That business crossed $2 billion in trailing twelve-month revenue this quarter, a milestone Medtronic said it hit ahead of schedule, while its Sphere-9 catheter added nine points of US market share in the pulsed field ablation market. Cardiac Rhythm Management, one of the company's oldest and largest franchises at more than $5.5 billion a year, still grew 15% globally, powered by double-digit growth in the decade-old Micra pacemaker line. Cranial & Spinal Technologies grew 13%, helped by the AiBLE surgical ecosystem and the newly launched Stealth AXiS navigation platform. Diabetes revenue rose 14.9% to $843 million, and Pelvic Health grew 15% as procedures for the Altaviva system doubled sequentially. Robotics is scaling too: the US installed base for the Affera mapping system grew 35% sequentially, and Medtronic expects its Hugo surgical robot to pass 50,000 completed procedures by the end of the fiscal year, with procedure growth running at more than twice the market rate. Management backed all of this with a raise to fiscal 2027 organic revenue guidance, now 7.25% to 7.75%, and adjusted earnings per share guidance of $5.94 to $6.00, while adjusted operating margin expanded to 23.7%. Where the growth story cools. Not every part of the portfolio is firing. Neuromodulation grew just 3% globally, weighed down by ongoing softness in the spinal cord stimulation market and replacement headwinds in deep brain stimulation, a pocket of the business that has lagged for a while. Structural Heart, part of the interventional cardiology unit, grew only in the low single digits, a much slower pace than the rest of cardiovascular. Management also flagged a $50 million to $150 million foreign exchange headwind for the full fiscal year based on recent currency rates. Some of the current strength comes at a cost. SG&A expense rose 14% year over year to 32.4% of revenue as Medtronic integrates recent acquisitions and commercializes newer platforms, and gross margin absorbed a 50 basis point hit from unfavorable mix, largely tied to diabetes and the capital-heavy ablation business. Executives also said Cardiac Ablation Solutions growth, while still expected to outpace the market by more than three times next quarter, will moderate over the rest of the year as comparisons get tougher, and acute care and monitoring growth is expected to normalize as fiscal 2027 progresses. What the market is pricing in. Hedge fund ownership of Medtronic climbed from 60 funds in the prior quarter to 67 in the most recent one, pointing to building institutional conviction. Short interest sits at just 1.12% of the float, suggesting little organized skepticism toward the stock. Shares trade at a forward price-to-earnings ratio of 15.46 as of September 9, a modest multiple given the growth rates coming out of ablation and robotics. The real question for investors. Medtronic's quarter makes clear that its newest growth engines, cardiac ablation, robotic surgery and pelvic health, are scaling fast enough to offset the drag from slower units like neuromodulation and structural heart. The extra selling week flattered the headline number, but management's own math suggests underlying demand was still unusually strong. For the growth story to keep holding, Cardiac Ablation Solutions and Hugo need to keep expanding even as comparisons get harder and currency swings work against the company.
Medtronic reported its highest annual revenue growth in a decade in fiscal 2026, with first-quarter fiscal 2027 revenues jumping 13.7%. The medical device maker has undertaken strategic changes, including exiting less profitable businesses and investing in new technology such as its Hugo surgical robot, recently launched in the US market. Management increased full-year guidance for fiscal 2027 after just one quarter, signalling confidence in the company's direction. The stock has risen 15% over the past three months but remains 30% below its 2021 high. Medtronic boasts a 48-year dividend increase streak and currently offers an above-market dividend yield. After years of being weighed down by bureaucracy and too many business lines, the company appears to have passed an important inflection point in its turnaround efforts.
Inside Hadassah hospitals: insights from Prof. Yoram Weiss. From artificial intelligence and personalized cancer treatments to organoids, robotics and advanced rehabilitation, Hadassah Medical Organization (HMO) Director General Prof. Yoram Weiss, MD, offered an inside look at the innovative work happening today at Hadassah hospitals in Israel during a recent visit to the New York City headquarters of Hadassah: The Women's Zionist Organization of America. Speaking to Hadassah staff, Prof. Weiss shared some of the latest advances underway at Hadassah hospitals in Jerusalem and offered a glimpse of what comes next as HMO continues to expand its medical, research and technological capabilities. He spoke of HMO's mission, stressing its commitment to training and teaching and to serving as a bridge to peace. "We're doing that every day, every moment," he said. Among the advances Prof. Weiss highlighted was HMO's growing leadership in robotic surgery. Hadassah hospitals played an early role in the development of the Mazor Robotics Renaissance(R) Guidance System for spine surgery and today is working closely with Medtronic on the development of its Hugo robotic-assisted surgery (RAS) system. HMO's expertise has also made it a sought-after partner for some of the world's leading healthcare and technology companies. HMO works with GE HealthCare on advanced imaging and theranostics and with Roche Pharmaceuticals on personalized cancer medicine, drawing on the hospitals' extensive clinical data and artificial intelligence capabilities. Prof. Weiss also pointed to HMO's work with organoids, tiny three-dimensional models grown from patients' cells. Hadassah hospitals are already using organoids to help determine which treatments are most likely to work for patients with cystic fibrosis, helping to identify the right medication for each individual. "We're giving better medicine to the patient much faster," Prof. Weiss said. "No more trial and error." As part of its commitment to global cooperation and teaching, Prof. Weiss noted that HMO researchers are leading a monthlong hands-on training course in Massachusetts this summer to share expertise with medical researchers and students from around the world. He also highlighted HMO's expanding work using artificial intelligence. "We are in the middle of a revolution when it comes to medical management," Prof. Weiss said. Already, physicians are working with an AI system in their routine work. Drawing on computerized medical data - HMO started early, in the 1980s - Hadassah has brought together genomic, laboratory, clinical and imaging information to create a "data lake," giving physicians a tool to better understand individual patients and how to tailor their care. That's one reason the pharmaceutical company Roche chose Hadassah as one of a handful of hospitals worldwide collaborating on an initiative related to the genetic identification of cancer, Prof. Weiss said. Other advances include HMO's work in CAR-T cell therapy, theranostics, 3D printing and robotic surgery. HMO is developing what Prof. Weiss said will be Israel's largest robotic surgery center and is the first hospital outside the United States set to implement the Ion robotic bronchoscopy system, which can reach deep into the lungs to obtain biopsies. But amid a presentation filled with medical breakthroughs and technology, Prof. Weiss repeatedly returned to what he considers Hadassah's greatest strengths: its people and its mission. Hadassah hospitals treat about 1 million patients each year, serving Jerusalem's extraordinarily diverse population. "When they come to Hadassah, they feel that Hadassah is a place for healing, and that they can come to Hadassah and feel safe," Prof. Weiss said. The hospitals are also a place where staff model coexistence. Hadassah trains and employs physicians and nurses from around the world, including approximately 70 residents and fellows from the Palestinian Authority. HMO medical teams provide humanitarian care internationally, including at a clinic on the Ukraine-Poland border that treated some 35,000 people following Russia's invasion of Ukraine. "Hadassah, in a way, is a bubble of peace within the havoc of the Middle East," Prof. Weiss said. Looking ahead, HMO is developing a 10-year plan for its Jerusalem campuses as it continues investing in new facilities, technology and the next generation of medical professionals. Prof. Weiss emphasized that all of those advances depend on the people behind them, the physicians, researchers, nurses and staff who bring Hadassah's mission to life every day. And as HMO plans for what comes next, he said the goal is clear: "We need to have a dream. We need to look to the future."
Boston Scientific's SCS leads linked to 1,081 serious injuries in FDA alert. Boston's recall comes at a time where several players in the medtech industry are facing personal injury lawsuits over SCS system malfunctions. The US Food and Drug Administration (FDA) has issued an alert over Boston Scientific's recall of a lead kit used with its spinal cord stimulator (SCS) system at a time when the company and other medtech industry players are facing lawsuits over SCS systems malfunctioning. In a letter sent to customers on 17 June, Boston said the body of its Infinion CX leads, which are compatible with its SCS systems for relieving chronic pain in the back and limbs, including Spectra WaveWriter and WaveWriter Alpha, may experience "mechanical stress at the anchor site", an issue that may result in high impedance measurements or lead fractures. These abnormal impedance measurements may lead to inadequate stimulation and/or additional intervention, including lead explant and replacement, the company stated as per the FDA alert. SCS is a form of neuromodulation used for treating chronic, severe nerve pain in the trunk, arms, or legs when conservative treatments have failed. As of 27 May, Boston Scientific has reported 1,081 serious injuries and no deaths associated with this issue. While the action does not affect SCS devices that have already been implanted, Boston now recommends that all unused Infinion CX leads be removed from where they are used or sold. Boston's recall comes at a time in which the company, alongside other players in the medtech industry with SCS systems, including Medtronic and Abbott, are facing lawsuits regarding device failure, shocks, and lack of pain relief. A series of lawsuits pertaining to Boston's SCS systems were formally centralised into a single federal multidistrict litigation (MDL) on 5 June 2026 for coordinated proceedings. Meanwhile, in August 2026, Abbott opposed the creation of a proposed MDL seeking to consolidate 23 personal injury lawsuits involving its SCS systems into a single proceeding in the Central District of California. According to GlobalData analysis, the global neurology devices market, of which SCS systems are a part, is projected to reach a valuation above $25bn in 2034. Meanwhile, a recent report from GlobalData forecasts that the SCS market will be worth $3.5bn in North America in 2033. Give your business an edge with its leading industry insights.