Covidien Ltd. (Covidien) is engaged in the development, manufacture and sale of healthcare products for use in clinical and home settings. The Company operates its business through five segments: Medical Devices, Pharmaceutical Products, Imaging Solutions, Medical Supplies and Retail Products. The Company's customers include hospitals, surgi-centers, imaging centers, alternate site facilities, drug manufacturers and major retailers worldwide. In April 2007, the Company's Medical Devices segment acquired intellectual property from Sorbx, LLC (Sorbx), which is a developer of an absorbable tack technology used in hernia repair procedures. In November 2006, the Company's Medical Devices segment acquired the remaining interest in Airox S.A. (Airox). Airox is a developer of home respiratory ventilator systems.