- cafead Nov 30, 2023 at 10:02: AM
via China’s volume-based procurement (VBP) policy has impacted several medical device companies this year, including Medtronic.
In fact, Medtronic CFO Karen Parkhill mentioned in February, during the company’s fiscal year 2023 third quarter earnings call, that China’s VBP policy had affected Medtronic more than many of its competitors, because of the size and breadth of the company’s business in China.
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In fact, Medtronic CFO Karen Parkhill mentioned in February, during the company’s fiscal year 2023 third quarter earnings call, that China’s VBP policy had affected Medtronic more than many of its competitors, because of the size and breadth of the company’s business in China.
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