Pacesetter Systems Inc. was a biotechnology company founded by Alfred E. Mann

Alfred E. Mann

Alfred E. Mann , who is also known as Al Mann, is an American entrepreneur and philanthropist. According to Forbes magazine, his estimated net worth exceeded $2.2 billion as of 2007, ranking him the 204th richest man in America and the 390th richest man in the world.Born and raised in Portland, his...

 in 1965. The company manufactured various implantable medical devices invented by Robert Fischell

Robert Fischell

Dr. Robert Fischell is a physicist, inventor, and holder of more than 200 U.S. and foreign medical patents. His inventions have led to the creation of several biotechnology companies. He worked at the Johns Hopkins University Applied Physics Laboratory full time for 25 years, and part time for an...

 and the rest of the team at the Johns Hopkins University Applied Physics Laboratory. Those inventions included the first commercial rechargeable implantable pacemaker, which was one of the first pacemakers to use radio waves for telemetry, and the implantable insulin pump. The insulin pump business was spun off into Medtronic

Medtronic

Medtronic, Inc. , based in suburban Minneapolis, Minnesota, is the world's largest medical technology company and is a Fortune 500 company.- History :...

 MiniMed in the early 1980s. Pacesetter Systems Inc. was purchased by Siemens and then St. Jude Medical

St. Jude Medical

St. Jude Medical, Inc. is a $16 billion global medical device company, with headquarters in Little Canada, Minnesota, United States, a suburb of St. Paul. The company sells products in more than 100 countries and has over 20 operations and manufacturing facilities worldwide. Its principal...

in 1994.