This is an HTML version of an attachment to the Freedom of Information request 'TTIP lobbying'.


Ref. Ares(2017)3665888 - 20/07/2017
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To:

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 (TRADE);  [Art. 4.1(b)]  (TRADE); [Art. 4.1(b)]
(TRADE)
Subject:
FW: Meeting with Medtronic on TTIP - Medical Devices 04/03/2015
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Could you kindly register this meeting in ARES? 
Many thanks! 
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From: 
 (TRADE) 
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Sent: Wednesday, March 04, 2015 6:05 PM 
To: [Art. 4.1(b)]
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Cc: BILLAUX Cecile (CAB-MALMSTROM); TRADE TTIP TRANSPARENCY 
Subject: Meeting with Medtronic on TTIP - Medical Devices 04/03/2015 
Subject: meeting with Medtronic on TTIP, afternoon of the 4th of March 2015. 
Participants: Gary Ellis, CFO of Medtronic;
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 From CAB: Cecile Billaux.  [Art. 4.1(b)]

• Mr Ellis explained the structure of Medtronic: a US highly innovative healthcare company that
recently acquired Covidien and has now a combined revenue of 30 billion $ and around 90.000
employees worldwide. Their major operations are in the US but Medtronic is looking to expand
globally and grow outside the US. He explained his views about the healthcare sector, which he does
not see as a burden for government's budgets but as a source for jobs and economic wealth.
• Medtronic is very supportive of TTIP (and also TPP). As a trade agreement between the two major
innovative markets, Medtronic sees TTIP as a key opportunity to set standards globally. The
important part of TTIP is not tariffs but regulatory convergence.
• Medtronic also mentioned the joint collaboration between the EU and US in successfully solving
market access barriers in markets such as Brazil and Korea.
• Medtronic would like to help in communicating better on TTIP and demystifying the debate around
the agreement. They will convey the positive message on TTIP to their 72.000 suppliers which are
mostly SMEs; some of them located in the EU. This could help in building up concrete examples on
the benefits of TTIP for SMEs. In addition, the CEO of Medtronic will meet with the German Ministry
of Health and pass a positive message on TTIP.
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