CEO Arthur Collins has been the chief executive officer of Medtronic Inc since 2002. He is 58 years old. Follow Mr. Collins and Medtronic Inc in the news and blogs or share your own opinion about the company and its leadership.
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
Date Published: Thursday, November 5th, 2009
Three more lawsuits have been filed against Medtronic, Medtronic USA, Medtronic International Technology, and Medtronic Puerto Rico Operations , reports the Madison Record. The three individuals, residents of Illinois, allege in their 60-count suit, that they suffer sudden shocks after being implanted with defective defibrillators made by the device maker, according to the Madison Record.
The complaints state that Lillian... 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... 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
The Top 10 Medical Innovations for 2010 were announced yeterday at the seventh annual Cleveland Clinic Medical Innovation Summit. In developing the Top 10, Cleveland Clinic enlisted the expertise of AlixPartners, LLP, an independent international management advisory firm. AlixPartners led the process to probe the opinions of Cleveland Clinic physicians and researchers, create a field of nominated innovative technologies for consideration, and develop a consensus perspective on the Top 10... Read Full Story
Date Published: Friday, August 7th, 2009
Earlier this week, a Senate hearing was convened to discuss the Medical Device Safety Act of 2009. If it becomes law, the Medical Device Safety Act would restore important legal rights to victims of a defective medical device .
Patients lost many of those rights in 2008, when the U.S. Supreme Court issued a ruling in a case known as Reigel v. Medtronic. In an 8-1 vote, the Court bestowed legal immunity to the makers of defective... Read Full Story
Medtronic has reported that at least 13 people have died in connection with a heart device that it recalled in 2007, but was still in widespread use. This includes four patients whose deaths were related to efforts by doctors to surgically remove the product. The new data reflect the first fatality update by Medtronic since October 2007, when it recalled the device — a thin electrical cable that connects an implanted defibrillator to a patient’s heart. The company cited five deaths when it... Read Full Story
Several years after Medtronic’s defibrillators entered the market, patients began to feel the painful defects of certain model numbers. This have pushed Medtronic to remove Sprint Fidelis defibrillation leads from the market. Though the removed is only happen to certain of their products this situation can cause panic among their patients.
According to this Medtronic Defibrillator Recall information page, the following models are at risk:
Sprint Fidelis 6930
Sprint Fidelis 6931
Sprint... Read Full Story
"Today’s Supreme Court decision in Riegel v. Medtronic limits the rights of people to receive justice through the legal system when they are injured by the negligence or misconduct of others." Read Full Story
The Supreme Court seriously erred in their 8-1 ruling in favor of Medtronic inc . The Justices ruled that Congress has granted the FDA sufficiently broad regulatory authority and control over the approval of medical devices in the market place. The ruling prohibits consumers from suing the manufacturers of defective products if federal regulators (FDA) approve such devices.
This decision harms consumers, limits the protection mechanisms available to us and provides companies like... Read Full Story