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MedCity CONVERGE July 9-10 in Philly gathers payers, providers, medtech, pharma, digital health, policymakers & more.

Topic: STJ

St. Jude Medical CEO: When it comes to the Durata lead, facts have been very friendly to us

St. Jude Medical CEO: When it comes to the Durata lead, facts have been very friendly to us

January 23, 2013 10:14 am by | 0 Comments

On Wednesday, St. Jude Medical CEO Dan Starks fielded a couple of questions related to its Durata ICD lead on its fourth-quarter earnings call, although there were none on a ... Read more
St. Jude Medical likely to face tough questions about FDA warning letter on earnings call

St. Jude Medical likely to face tough questions about FDA warning letter on earnings call

January 18, 2013 12:39 pm by | 0 Comments

The shoe finally dropped.The U.S. Food and Drug Administration sent a warning letter to St. Jude Medical (NYSE:STJ) on Jan. 10 regarding its inadequate design validation process for the Durata ... Read more
St. Jude Medical’s $1B share buyback is move to shore stock battered over Durata worries

St. Jude Medical’s $1B share buyback is move to shore stock battered over Durata worries

November 30, 2012 12:04 pm by | 0 Comments

St. Jude Medical (NYSE:STJ) announced Thursday that its board has authorized a $1 billion share repurchase program.The move shows that the board believes that the company’s stock is undervalued, but ... Read more
Lady Luck may shine on Boston Scientific in 2013 if rival’s fortune goes down in flames

Lady Luck may shine on Boston Scientific in 2013 if rival’s fortune goes down in flames

November 26, 2012 12:45 pm by | 0 Comments

It’s not great when a company needs a rival to have a major disaster in order to see the upside, but when you are Boston Scientific (NYSE: BSX), it may ... Read more
One the eve of Thanksgiving, St. Jude Medical finds not much to be thankful for

One the eve of Thanksgiving, St. Jude Medical finds not much to be thankful for

November 21, 2012 6:22 pm by | 0 Comments

If St. Jude Medical (NYSE:STJ) executives were hoping for some respite from a slew of bad news during Thanksgiving, they did not get it.Reuters reported earlier Wednesday afternoon that shares ... Read more
2 analysts have polar opposite views of St. Jude Medical’s Durata ICD lead

2 analysts have polar opposite views of St. Jude Medical’s Durata ICD lead

November 12, 2012 3:03 pm by | 2 Comments

St. Jude Medical (NYSE:STJ) has long asserted that its Durata ICD lead, irrespective of the fact that it is similar in design to the defective Riata leads, is safe for ... Read more
Caught in a bind, some its own doing, some not, St. Jude Medical cuts another 500 workers

Caught in a bind, some its own doing, some not, St. Jude Medical cuts another 500 workers

November 2, 2012 12:44 pm by | 2 Comments

What do you do when the biggest market you play in continues to be weak, hospitals are buying less of your products, Europe, which used to be reliable, is now ... Read more
St. Jude Medical has its own October surprise with five back-to-back downgrades

St. Jude Medical has its own October surprise with five back-to-back downgrades

October 31, 2012 12:58 pm by | 0 Comments

As noted before, October has not been kind to St. Jude Medical. (NYSE:STJ).And now the Minnesota medical device maker has been hit with five back-to-back downgrades from equity analysts, including ... Read more
One nugget of data that should worry those banking on overseas growth in cardiac devices

One nugget of data that should worry those banking on overseas growth in cardiac devices

October 22, 2012 12:45 pm by | 0 Comments

As U.S. markets have slowed with hospitals buying less, device makers have been looking toward overseas markets to bolster their revenue from cardiac rhythm management devices such as pacemakers and ... Read more
Is St. Jude Medical’s battle against Optim supplier more than just a “headache?”

Is St. Jude Medical’s battle against Optim supplier more than just a “headache?”

October 19, 2012 12:30 pm by | 0 Comments

October has not been kind to St. Jude Medical (NYSE:STJ).On Wednesday, the company, apparently against all industry precedent, warned Wall Street of a possible warning letter from the U.S. Food ... Read more
St. Jude Medical does the unthinkable: Warns of FDA warning letter before FDA issues one

St. Jude Medical does the unthinkable: Warns of FDA warning letter before FDA issues one

October 17, 2012 9:52 am by | 5 Comments

Analyst Bob Hopkins of Bank of America was mystified and sounded a bit worried on the St. Jude Medical (NYSE:STJ) morning conference call to discuss the company’s third-quarter earnings Wednesday.St. ... Read more
St. Jude Medical’s newly launched technology aims to reduce radiation exposure

St. Jude Medical’s newly launched technology aims to reduce radiation exposure

October 8, 2012 4:02 pm by | 0 Comments

St. Jude Medical (NYSE:STJ) announced Monday that it has launched a new 3D navigation system to evaluate heart and vascular anatomy on recorded fluroscopy images instead of a series of ... Read more
EU approves world’s smallest, implanted rechargeable device to treat chronic migraine

EU approves world’s smallest, implanted rechargeable device to treat chronic migraine

September 20, 2012 5:33 pm by | 0 Comments

St. Jude Medical (NYSE:STJ) announced Thursday that the Minnesota medical device maker has received European regulatory approval to market the Eon Mini Neurostimulator, the world’s smallest, implanted rechargeable device to ... Read more
Analysts: St. Jude Medical layoffs likely a move to offset pressure of medical device tax

Analysts: St. Jude Medical layoffs likely a move to offset pressure of medical device tax

August 31, 2012 11:21 am by | 0 Comments

On Thursday, St. Jude Medical (NYSE:STJ) announced that it was laying off 300 people and organizing its four businesses under two operating units.The move, the Minnesota medical device maker stated, ... Read more
St. Jude Medical layoffs affect 300 as it centralizes functions, realigns into two units

St. Jude Medical layoffs affect 300 as it centralizes functions, realigns into two units

August 30, 2012 2:48 pm by | 0 Comments

St. Jude Medical (NYSE:STJ) announced Thursday that it is laying of 300 employees as part of a broader restructuring aimed to lower operating costs.In a news release, the Minnesota medical ... Read more