How Medtronic, Now Based in Ireland, Still Reaps U.S. Benefits

Medical device maker Medtronic PLC found itself in an enviable position in March when one of its executives joined a U.S. trade mission to Peru, where there is a booming health-care market. The trip included “matchmaking” meetings with Peruvian businesses and networking luncheons with the Lima Chamber of Commerce.

The delegation of more than a dozen health-care companies also visited a new $75 million hospital serving 600,000 people in Villa El Salvador, a sprawling shantytown on the outskirts of Lima. There, Medtronic received an influential shout-out. “Toured new state of the art hospital … Mission member @Medtronic provided their tech,” Bruce Andrews, the deputy secretary of Commerce leading the trip, said in a Twitter post.

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