St. Jude Medical

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

Business
February 9

Abbott Labs halts use of HeartMate PHP blood pump after death, malfunctions

St. Jude Medical acquired the device in a 2015 deal and predicted it would be a key growth driver within five years.
Business
February 2

St. Jude Medical MRI-safe pacemaker gets long-awaited FDA approval

Regulatory approval to sell the device should boost sales and Abbott Laboratories' bottom line.
Business
January 25

Abbott CEO fields familiar questions about newly acquired St. Jude

FDA approval for some of its devices is on the way, company officials believe.
Business
January 10

FDA says St. Jude heart devices vulnerable to hacking

FDA issues warning, but patch reportedly ready.
Business
January 7

Up next for Abbott Labs: Make its blockbuster St. Jude deal pay off

The market will be watching closely to see if the two companies — which combined last week — can drive investment in the next technological ­breakthrough while managing high debt, working several other pending deals and ­melding differences in their corporate cultures.
Business
January 4

Abbott Labs closes its acquisition of St. Jude Medical

Focus turns on integration teams from both companies that continue to work on the transition.
Business
January 3

Abbott Labs expected to wrap up sale of St. Jude Medical

$25 billion deal is expected to become profitable for Abbott in the first year.
Business
December 31, 2016

FDA guidelines for medical device cybersecurity call for all-out fight vs. hacking

If you want to prevent computer hackers from attacking medical devices, it's not enough to just design the best device you can before shipping it out the door.
Business
December 30, 2016

Abbott Labs says it plans to wrap up St. Jude Medical deal Jan. 4

The closing follows months of regulatory review that required the companies to divest several proprietary devices.
Business
December 24, 2016

Device makers with big Minnesota ties are focus of Medicare audit

Medicare watchdog office looks into products from firms with Minnesota ties.
Business
December 15, 2016

FDA approves St. Jude's EnSite Precision heart-mapping system

New product can treat atrial fibrillation more quickly.
Business
November 4, 2016

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, 2016

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, 2016
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, 2016

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, 2016

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, 2016

St. Jude stock stable after heart device battery disclosure

Analysts see limited impact to revenue despite lingering questions.
Business
October 11, 2016

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, 2016

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, 2016

So far, St. Jude Medical weathering cybersecurity scrutiny

A report saying its devices lacked needed safeguards has so far proved untrue.
Business
August 30, 2016
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, 2016

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, 2016

FDA joins investigation into security of St. Jude medical devices

Trading of the company's stock was briefly halted Friday afternoon.
Business
August 25, 2016
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, 2016
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.