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St. Jude Medical (STJ) Shares Drop on Report of Heart Lead Problem


6/13/2012 7:59:34 AM

(Reuters) - Shares of St Jude Medical Inc (STJ.N) fell 6 percent on Tuesday afternoon after a physician reported to U.S. regulators a failure of the company's Durata brand lead wire connecting an implanted defibrillator to the heart in a single patient.

The report, posted in a U.S. Food and Drug Administration database, said the lead conductor became externalized, meaning the wire carrying electricity from the defibrillator to the heart was exposed through its insulation.

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