St. Jude Medical

The Little Canada-based company develops medical technology, products and services that treat cardiac, neurological and chronic pain patients.

February 6

Medical device makers face challenge of falling prices

At a time when U.S. health care costs have been rising faster than inflation, the prices for many medical devices have been dropping.
January 27

St. Jude earnings beat forecast, but revenue falls short

The company is facing new competition in pacemakers, one of its biggest products.
January 22

St. Jude Medical issues advisory on Optisure leads

Problem with defibrillation leads could cause serious health issues.
January 13

St. Jude says earnings within estimates despite lower sales of heart-rhythm devices

Sales in its largest division, heart-rhythm devices, fell 10 percent in quarter to $580M.
October 24, 2015

Schafer: Outgoing St. Jude's CEO Dan Starks was hands-on in his approach

Dan Starks, who will step aside at the end of the year as CEO of St. Jude Medical, doesn't spend his time the way some CEOs of other big companies he's observed do, being what he called "administrators."
October 5, 2015

St. Jude looking at heart valves after journal raises questions

After clotting reports, St. Jude will give design more study.
October 2, 2015

FDA warns St. Jude on manufacturing 'non-conformities' at Atlanta plant

A warning letter raised no safety issues and the plant continues to operate.
September 16, 2015

Former St. Jude exec charged with theft of trade secrets, cash

Bryan Szweda accused of stealing trade secrets, $117,000 in cash.
August 6, 2015

FDA cites increased risk from heart pumps made by St. Jude acquisition target

Thoratec's heart pump has had trouble with blood clots.
July 25, 2015
The deal announcement came as St. Jude reported a decline in quarterly earnings Wednesday, but it beat earnings forecasts.

St. Jude sees good outlook for Thoratec HeartMate 3

St. Jude Medical is banking on a positive forecast after the company announced plans last week to buy Thoratec Corp. in a $3.4 billion deal that would be St. Jude's biggest corporate acquisition ever.
July 22, 2015

St. Jude Medical to buy Calif. heart-device firm for $3.4B

Little Canada medical device maker St. Jude Medical announced a definitive agreement Wednesday to acquire California heart-device firm Thoratec for $3.4 billion. The deal, the largest ever for St. Jude, is expected to close by the end of the year.
July 21, 2015

St. Jude Medical reportedly in talks for California heart device company

Minnesota firm reportedly negotiating a $3 billion purchase of Thoratec Corp.
July 10, 2015

Devicemakers from Minnesota paid hospitals, docs $211M in 2014

National data show state firms' payments to doctors and hospitals.
June 4, 2015

New St. Jude device treats chronic pain using iPod

Bluetooth technology allows patients to control treatment.
May 23, 2015

St. Jude facing safety questions regarding tiny new pacemaker

Physicians, and some stock analysts, are closely watching the safety profile of tiny novel pacemakers like the Nano­stim in ongoing studies. Implants of the device have been halted in Europe after several became dislodged.
April 20, 2015

St. Jude to buy chronic pain treatment company for $215 million

Device from Spinal Modulation, of Belgium, stimulates nerve center to treat chronic pain.
April 15, 2015

Medtronic gets European approval for smallest pacemaker

Medtronic joins crosstown rival St. Jude Medical Inc. in speeding toward full commercial approval from the Food and Drug Administration for U.S. sales.
March 28, 2015

St. Jude launches trial of heart valve for children

Responding to calls for pediatric devices, St. Jude launches clinical trial of a mechanical heart valve for children.
March 26, 2015

CEO Pay Watch: Daniel Starks, St. Jude Medical

CEO Pay Watch St. Jude Medical Inc. Daniel Starks, chairman, president, CEO Total compensation: $6,823,764 for the year ended Dec. 31 Salary: $1,097,574 Non-equity…
March 23, 2015

St. Jude Medical stock weathers a downgrade amid concern over growth

It has been on a steady rise since its fall amid a Wells Fargo downgrade, growth concerns.
March 20, 2015

Minnesota heart device makers tout approvals, advances

Local companies tout approvals, products, outcomes in time for cardiologists' annual meeting.
March 16, 2015

A high-stakes heart-valve race

Boston Scientific, Medtronic and St. Jude are in the competition over a medical technology niche poised to balloon to $4 billion in global sales five years from now.
March 13, 2015
Nurse Jillian Schoenleben held a valve fashioned from a cow's, and par...

Risks, benefits weighed in JAMA study on valve replacement

Study found that 1 in 4 died within a year but many were aged and ill with other ailments.
March 12, 2015

St. Jude Medical looks to restart clinical trial for valve device

The valve device is seen as a promising niche for medical technology.
February 27, 2015
Gina Jacobsen, RN, checked on patient Joe Jones after Fouad Bachour, M...

St. Jude device gives early warning on heart failure

A new device made by St. Jude Medical detects subtle changes in blood pressure, allowing doctors to treat failing hearts before patients end up in the emergency room.