St. Jude Medical

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

Business
November 4

Old versions of heart device implanted after battery problem known

Although St. Jude had fixed the problem in 2015 that led to a recall of the devices, the company kept selling its stock of older units.
Business
October 25

St. Jude, short-seller trade blame in cybersecurity case

Filings in cybersecurity lawsuit come just before shareholders vote on the sale to Abbott.
Business
October 19
St. Jude Medical, with its corporate headquarters in Little Canada, is the second-largest medical device maker based in the Twin Cities.

New cybersecurity allegations emerge as St. Jude Medical reports mixed quarterly results

Sales of pacemakers and defibrillators fell, but overall revenue surged.
Business
October 18

St. Jude, Abbott plan to sell vascular closure products to Terumo if merger goes through

Japan's Terumo is perched to buy them for $1.1 billion.
Business
October 15

Soaring health care costs will bring Mayo, Medtronic, UnitedHealth together at Mpls. conference

As health care costs soar, industry will seek solutions.
Business
October 12

St. Jude stock stable after heart device battery disclosure

Analysts see limited impact to revenue despite lingering questions.
Business
October 11

St. Jude warns that batteries in up to 350K heart devices could fail

Minnesota-based St. Jude Medical said today that nearly 350,000 defibrillators implanted in patients may be prone to short-circuiting in a way that causes the device to fail unexpectedly. Two deaths have been associated with the devices failing.
Business
October 10

Facing criminal charges, former St. Jude executive seeks access to company files

Bryan C. Szweda, who was an executive at St. Jude Medical before being charged last year with embezzling $140,000, wants to pry open his former…
Business
September 3

So far, St. Jude Medical weathering cybersecurity scrutiny

A report saying its devices lacked needed safeguards has so far proved untrue.
Business
August 30
On Tuesday morning, St. Jude, based in Little Canada, issued a statement rebutting a video published on Vimeo.com by Muddy Waters the day before.

St. Jude Medical fires back at short seller over device claims

Recent claims about hackers being able to remotely shut down pacemakers and defibrillators from St. Jude Medical don't appear supported by evidence offered so far, an independent analysis has found.
Business
August 29

Short-seller publicizes video claiming to show a hack of St. Jude pacemaker

Muddy Waters raised the ante in its bid to devalue St. Jude's stock.
Business
August 26

FDA joins investigation into security of St. Jude medical devices

Trading of the company's stock was briefly halted Friday afternoon.
Business
August 25
St. Jude Medical, with its corporate headquarters in Little Canada, is the second-largest medical device maker based in the Twin Cities.

St. Jude stock tumbles as report questions company's cybersecurity

A short seller says half of the company's revenue could be at stake; St. Jude said the claims are untrue.
Business
July 20
St. Jude Medical, with its corporate headquarters in Little Canada, is the second-largest medical device maker based in the Twin Cities.

With acquisition pending, St. Jude Medical's rivals 'licking their lips,' analyst says

Its largest division has already taken a hit, and the complexity of a merger hasn't started yet.
Business
July 13

Feds taking a close look at Abbott's proposed purchase of St. Jude Medical

Regulators want a closer look, but the two expect it finalized by year's end.
Business
May 24

St. Jude Medical's stroke prevention device recommended for FDA approval

FDA-convened panel said stroke-prevention product appears safe and effective.
Business
April 29

Abbott is counting on growth turnaround at St. Jude Medical

New products that are not yet approved by regulators are key to making the deal work.
Business
April 28
St. Jude Medical, with its corporate headquarters in Little Canada, is the second-largest medical device maker based in the Twin Cities.

Abbott's $30 billion deal for St. Jude Medical not seen as job killer

The shareholders of the last giant medtech company based in Minnesota are being rewarded with a giant premium.
Business
April 20

St. Jude Medical beats analysts' earnings estimates for quarter

The company's stock jumped as St. Jude offset woes in heart devices.
Business
February 18

Noting unknowns, FDA panel urges scrutiny of tiny pacemakers

Tiny pacemakers, some Minnesota-made, will undergo deep scrutiny.
Business
February 17

St. Jude Medical gets FDA approval for new heart-device technology

Company hopes its MultiPoint Pacing technology will become the next standard for care.
Business
February 13

FDA panel to determine how to best test new pacemakers from St. Jude, Medtronic

High hopes are riding on a new generation of tiny pacemakers, but the Minnesota med-tech companies that make them will be working this week to convince medical experts that the devices can be safely tested and eventually extracted from patients' hearts.
Business
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.
Business
January 27

St. Jude earnings beat forecast, but revenue falls short

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

St. Jude Medical issues advisory on Optisure leads

Problem with defibrillation leads could cause serious health issues.