CEO Arthur Collins

Minneapolis, MN: A federal lawsuit into the marketing of the Medtronic Infuse bone graft has reportedly ended with no charges being filed against Medtronic. The investigation looked into allegations that Medtronic illegally marketed its bone graft device. Meanwhile, another Medtronic lawsuit, alleging Medtronic Inc. downplayed the risks associated with the Infuse, has been filedRead Full Story

Lockheed Martin Corporation Arthur Collins Jr Medtronic Inc Philip M Condit David Stonecipher Jefferson Pilot Corporation Toshiaki Taguchi Toyota Motor NorthFilename : CECP_Spring2003.pdfFullpath : /pdfs/corporate_philanthropist/CECP_Spring2003.pdfCategorized as : TOYOTAPublisher : corporatephilanthropy.orgFound at Saturday, 18 Feb 2012GMTFurther searches : pdfs corporate philanthropist cecp spring2003 pdfor strategic corporate philanthropyor site:corporatephilanthropy.orgor brand:TOYOTAShort...Read Full Story

There have been dual pacemakers in the picture on top of. There’s a typical clunky, stone shaped device with wires on the right — as well as upon a left, a device dwarfed even by the one-cent coin. This is a Medtronic wireless pacemaker, just revealed at TEDMED 2010, which can be implanted without delay into your heart around catheter and henceforth fasten itself into flesh with little claws. Then, doctors can wirelessly monitor and even control a device from the circuitously smartphone...Read Full Story

There have been dual pacemakers in the picture on top of. There’s a typical clunky, stone shaped device with wires on the right — as well as upon a left, a device dwarfed even by the one-cent coin. This is a Medtronic wireless pacemaker, just revealed at TEDMED 2010, which can be implanted without delay into your heart around catheter and henceforth fasten itself into flesh with little claws. Then, doctors can wirelessly monitor and even control a device from the circuitously smartphone...Read Full Story

CHICAGO (Reuters) - A Minnesota state court judge has dismissed a batch of lawsuits against Medtronic Inc stemming from the October 2007 recall of the medical device maker's Sprint Fidelis defibrillator leads.Minnesota District Court Judge Denise Reilly last week granted a motion by Medtronic to dismiss 600 separate personal injury claims related to use of the leads, which connect an implantable cardioverter defibrillator to a patient's heart and are the conduit for the electricity used to...Read Full Story

Medtronic says it has agreed to pay $268 million to settle U.S. lawsuits and claims related to its Sprint Fidelis family of defibrillation leads which it recalled three years ago.The leads are wires that connect implantable devices to the heart. The company will record the settlement as a special charge in its second quarter.The Minneapolis-based medical device maker says the payment includes attorneys' fees and administrative costs and would dismiss plaintiff's appeals pending in the U.S...Read Full Story

LOS ANGELES (Reuters) - Medtronic Inc said the number of deaths in which fractured defibrillator wires may have been a "possible or likely contributing factor" have risen to 13, the Wall Street Journal reported Friday. The wires, called "leads," went by the brand name Sprint Fidelis until they were pulled from the world market in October 2007. The leads are designed to carry electrical jolts to the heart and correct erratic heartbeats. The newspaper said the new numbers, contained in a letter...Read Full Story

by: Stephanie Herschaft, Esq. Medtronic, Inc has announced that they are going to increase its monitoring of the company’s medical devices after they are implanted in order to catch potential safety problems earlier. Omar Ishrak, the CEO of Medtronic, Inc. states, ” it was the responsibility of companies to monitor devices for safety problems after they [...]Read Full Story

Posted on January 4, 2012 by Cynthia     Canadians are suing Medtronic over faulty Sprint Fidelis defribllator leads. The faulty leads were globally recalled by Medtronic in 2007. Lead wires are placed into a major vein and attached to interior heart muscle for the purpose of monitoring heart rhythm and transmitting electric shocks should an irregularity occur. If a lead breaks, the implantable cardiac defibrillator (ICD) can emit a massive and painful shock. In the worse case, the...Read Full Story

Medical device maker Medtronic Inc. says 13 patients have likely died as a result of problems with its heart device wires which were first disclosed in 2007.The Minneapolis-based company pulled its Sprint Fidelis defibrillator leads off the market in October 2007 after identifying five patient deaths that may have been caused by the cracked wires.In a letter sent to physicians Friday, Medtronic raised the number of estimated deaths to 13. The company notes that four deaths occurred when...Read Full Story