Covidien retools, sells sleep unit

Healthcare technology firm Covidien of Dublin, Ireland, announced a number of corporate changes this week, including the consolidation of its Imaging Solutions unit into another division and the sale of its sleep products business.

The company said that the Imaging Solutions unit has been combined with its Pharmaceutical Products segment into a single operating division called Pharmaceuticals. The Imaging Solutions business included the company's Mallinckrodt division in Hazelwood, MO.

Covidien also announced changes to other business units, including the divestiture of its sleep diagnostics and oxygen therapy product lines and a proposal to sell its sleep therapy product line.

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