What sluggish ICD market? St. Jude Medical Inc. bucks the trend

It’s been a while since we could get excited about implantable cardioverter defibrillators (ICDs), the watch-sized devices that shock an irregular heart back into rhythm.The device that helped launched the dominance of Minnesota’s medical device industry barely registers a yawn today. ICDs are what we call a “mature” industry, growing around 4 to 6 percent [...]

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St. Jude Medical CEO: second quarter was “absolutely awesome”

Normally, you wouldn’t expect the CEO of a major medical device company to employ the phrase “absolutely awesome” during a conference call with Wall Street analysts.But then again, you really can’t blame St. Jude Medical Inc. (NYSE: STJ) CEO Dan Starks for showing a little enthusiasm. Starks was specifically referring to the initial sales of [...]

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