[jig] Medtronic product stream

FYI/FYE BY JON KAMP Medical-device maker Medtronic Inc. expects to release 60 "major" products during the fiscal year that runs through next April and isn't eying large-scale acquisitions, the company's chairman said Monday. The Minneapolis-based company, which expects to spend $8 billion to $10 billion on research and development over the next five years, has been focused in recent years on growing through internal developments or products acquired through smaller-scale deals. Larger-scale, transformational deals are "not on the radar," Bill Hawkins, Medtronic's chairman and chief executive, said during an analyst-and-investor meeting the company hosted. The company also noted that it isn't seeing major changes ... C, J -- ------------------------------ * Dr. James Ellingson, jellings(a)me.umn.edu * * University of Minnesota, mobile : 651/645-0753 * * Great Lakes Brewing News, 1569 Laurel Ave., St. Paul, MN 55104 *