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Medtronic announces the opening of a new Center of Excellence in Singapore, where the medical device giant already has a regional headquarters and local manufacturing and sales.

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Medtech titan Medtronic (NYSE:MDT) opened the doors on a new Center of Excellence in Singapore, where new business models will be designed, tested and scaled for Asian markets.

Based in Medtronic's existing Singapore facility, the new center will also develop commercial models that may eventually extend to various markets around the globe after passing muster in a single country.

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