Despite its troubles related to the Riata and the Riata ST lead recalls, St. Jude Medical CEO Daniel Starks told analysts Wednesday that the company will gain a 1 percentage point market share in the global cardiac rhythm market in 2012. The company’s CRM segment includes implantable cardioverter defibrillator and pacemaker products.In discussing the company’s [...]

Yesterday, I wrote an article about St. Jude Medical (NYSE:STJ) that talked about the company’s Optim insulation, part of its Durata lead, which has proved (so far) to be immune to the lead abrasion troubles prompting the company’s Riata lead recall.I quoted the company’s CEO Daniel Starks as saying that “we’ve been invested and we’ve [...]

The Class I recall of the two Riata defibrillator leads from St. Jude Medical (NYSE:STJ) highlighted the issue of lead abrasion and insulation, but both those leads don’t have St. Jude Medical’s Optim technology. When lead abrasion occurs, it can cause the electrical conductors inside leads to come out of the insulation.Optim is a silicone [...]

Coronary artery disease may have a new enemy.Interim results of the FAME II clinical trial sponsored by St. Jude Medical (NYSE:STJ), which treated people with coronary heart disease, were so positive that the company announced Wednesday that an independent board had asked that the trial be stopped immediately.In an interview with MedCity News following that [...]

To capitalize on growing demand from international markets, St. Jude Medical (NYSE:STJ) is launching a new MR-Conditional pacemaker in India that will allow patients implanted with such a pacemaker to undergo a full-body MRI scan safely.The Accent MRI pacemaker, among St. Jude’s roster of new innovative medical devices, is the first MR-Conditional pacemaker to allow [...]

Symptoms of Parkinson’s disease such as the involuntary movements may be effectively countered by deep brain stimulation.St. Jude Medical (NYSE:STJ), the Minnesota maker of new innovative medical devices, reported that PD patients who underwent the company’s deep brain stimulation therapy had longer symptom-free periods than those who did not receive it. The data represents the [...]

A letter recently sent by St. Jude Medical (NYSE:STJ) to customers regarding a problem with some of the device maker’s defibrillator leads has been classified as a Class I recall — for the most dangerous or defective products — by the U.S. Food and Drug Administration.Although the medical device maker stopped selling the Riata line [...]

Kensey Nash (NASDAQ:KNSY) has agreed to try to resolve in nonbinding mediation its long-standing dispute over royalties adding up to $30 million with St Jude Medical (NYSE:STJ).The dispute is tied to royalty fees for the Angio-Seal vascular closure device, according to a press statement from the Exton, Pennsylvania medical device company.The move prompted Kensey Nash [...]

St. Jude Medical (NYSE:STJ) finished the day with a nearly 8 percent jump in stock price after announcing the U.S. Food and Drug Administration approval of its long-awaited Unify Quadra cardiac resynchronization therapy defibrillator and Quartet Left Ventricular Quadripolar Pacing Lead.St. Jude’s stock closed at $38.44, up 7.7 percent over the previous day. But was [...]

St. Jude Medical Inc. (NYSE:STJ) yesterday announced U.S. Food and Drug Administration approval of its highly anticipated Unify Quadra cardiac resynchronization therapy defibrillator (CRT-D) and Quartet Left Ventricular Quadripolar Pacing Lead.This is the industry’s first quadripolar pacing system, which the St. Paul, Minnesota-based medical device maker says allows cardiologists to better manage CRT.Defibrillators are implanted [...]