referring to wsj
St. Jude Medical Warns of Battery Problems With Heart Products
St. Jude Medical Warns of Battery Problems With Heart Products
St. Jude Medical Inc. warned Tuesday that hundreds of thousands of implanted defibrillators could quickly lose power and stop functioning.The deaths of two patients are associated with the problem so far.St. Jude is in the process of being acquired by Abbott Laboratories in a cash-and-stock deal initially valued at $25 billion.
as well massdevice
St. Jude Medical warns on CRM battery depletion issue – MassDevice
St. Jude Medical warns on CRM battery depletion issue – MassDevice
St. Jude Medical (NYSE:STJ) today warned of the possibility that a battery issue could disable its high-voltage cardiac rhythm management devices, saying the problem is associated with 2 deaths among the nearly 400,000 patients implanted with affected devices.The news broke last night with a Twitter post by notorious short-selling firm Muddy Waters Consulting containing a copy of the letter St. Jude sent today detailing the problem.Muddy Waters and a cybersecurity firm in August alleged that major flaws in St. Jude's CRM devices exposed them to a cybersecurity risk, but only after taking short positions on STJ's stock.
furthermore streetinsider
St. Jude Medical (STJ) Issues Field Advisory Related to IDC, CRT-D Devices
St. Jude Medical (STJ) Issues Field Advisory Related to IDC, CRT-D Devices
St. Jude Medical (NYSE: STJ) posted the following to its website on Tuesday:On October 11, we issued a field advisory related to premature battery depletion associated with lithium deposits in a subset of our ICD and CRT-D devices manufactured before May 23, 2015.While it is a rare occurrence (0.21%), we want to ensure we are providing the information physicians need to best care for their patients.We have consulted extensively with our Medical Advisory Board, other leading experts and regulatory agencies worldwide, and have the following recommendations for physicians and patients:We have asked physicians to contact their patients with information about this advisory.
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