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Home > St. Jude defends Durata amid FDA warning at manufacturing facility

St. Jude defends Durata amid FDA warning at manufacturing facility

Mass Device

St. Jude Medical CEO Daniel Starks says the FDA's warnings of manufacturing deficiencies at a California plant are unrelated to the safety and reliability of the Durata defibrillator leads that are made there.

St. Jude Medical CEO Daniel Starks

St. Jude Medical [1]'s (NYSE:STJ [2]) implanted cardiac device market share is in great shape despite ongoing issues with its high-voltage defibrillator leads, CEO Daniel Starks told an audience at the J.P. Morgan healthcare conference last night.

Starks spent a substantial portion his presentation and the subsequent breakout session explaining why the Durata line was a sure thing, and why the Riata lead recall and FDA warnings related to a St. Jude manufacturing plant were no threat to the company's hold on the larger ICD market.


Source URL (retrieved on 05/25/2013 - 1:06am): http://www.mdtmag.com/news/2013/01/st-jude-defends-durata-amid-fda-warning-manufacturing-facility

Links:
[1] http://www.massdevice.com/company/st-jude-medical
[2] http://www.google.com/finance?q=stj