Covidien, one of the world's first healthcare solutions providers, traces its history back to G. Mallinckrodt & Company, founded in 1867 in St. Louis, Missouri, U.S.A. In 2007, Tyco Healthcare changed its name to Covidien and went public on a In 2007, Tyco Healthcare changed its name to Covidien and went public independently in the United States. The words "Co" and "Vi" in the brand name are derived from the Latin words meaning ****same and life.