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CLAIM #40516 · Medtronic PLC (MDT) · 2024Q4 earnings call · May 23, 2024 · due Apr 25, 2025

Yes. I would just say on VBP, that can affect the quarter at an OU level, but we don't necessarily expect it to affect total Medtronic.

Karen Parkhill · CFO

PENDING
graded after results covering Apr 25, 2025 are reported

In context

re than we had in the past, and they're able to allocate resources, I think, more effectively to -- because the health care is local and these markets have different emphasis on different clinical areas. And some have more cath labs than others, and that makes a difference, for example. And so with our emerging market leaders able to have more influence and control over the resources that's helped accelerate our growth as well. So I think the fundamentals are back, especially in China. Our -- some changes we've made to our -- like our model and our incentives have helped as well and our continued investment in value products. You add all that up and I see this as a continued strength and a continued source of growth for the company over a decade plus. Karen, anything else? Karen Parkhill: Yes. I would just say on VBP, that can affect the quarter at an OU level, but we don't necessarily expect it to affect total Medtronic. Joshua Jennings: Great. Just maybe one quick follow-up. Any product launches that we should be thinking about as we build out our -- update our models for fiscal '25, particularly in these emerging markets, but China specifically? Thanks. Geoff Martha: Well, in China, specifically, we did just get approval for Ardian. So that will take some time to get into all the hospitals, but we think that's going to do well. Our -- we think our CST business, again separate from, I think, to some of the trends you're seeing in the US. We've got a strong local portfolio there and a nice flywheel of local innovation. So a local version of Mazor that's coming out a local version of our cell station navigation that's coming out. So I see strength there. And then we've also started local manufacturing of s

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SEC filings for MDT · Claim quote is verbatim from the 2024Q4 earnings call.