Cook Medical is an industry leader in the design, manufacture, and global delivery of minimally invasive medical device technology. Since 1963, this family-owned business has been dedicated to improving lives by giving physicians simpler, more effective options for diagnostic and therapeutic procedures.
Cook Medical operates on a simple, patient-centric philosophy: prioritize the patient’s well-being. Being a family-owned company provides them the freedom to take the time necessary to solve complex medical problems and find the simplest, most effective solutions.
Global Reach, Local Impact: The company’s world headquarters in Bloomington, Indiana, supports sales and marketing offices worldwide, delivering 16,000 products across 13 hospital lines to 135 countries.
Pioneering Products: Cook Medical works closely with top medical research facilities and specialists to create innovative, physician-conceived, custom-crafted devices—a true example of innovation in action.
Corporate Tax & the Patent Box Workshop
Cook Medical’s commitment to innovation naturally links to the financial strategy that supports it. At the innovationCAFE Texas seminar series, our experts will discuss corporate tax and the strategic management of intellectual property.
What is the Patent Box?
The Patent Box (or Intellectual Property/IP Box) is a crucial tax incentive used in several countries to encourage research and development (R&D). It allows companies to apply a lower rate of corporate tax to profits earned from patented inventions. This mechanism is designed to incentivize companies like Cook Medical to commercialize their intellectual property locally, fostering further innovation and economic growth.
Goal: Reward companies for developing patented technology.
Mechanism: Reduced corporate tax rate on profits derived from patents.
This discussion provides a unique opportunity to understand how a global, innovation-driven company strategically manages its intellectual property assets and corporate taxation to maintain its competitive edge.
Join us in Dallas (or Austin/Houston) to understand how companies like Cook Medical strategically manage their IP assets and corporate taxation to maintain a competitive edge. Head to the Seminar Schedule page for full event details.
To learn more about Cook Medical and their commitment to healthcare technology, head to the Cook Medical website.
