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The Medical Devices Division was spun off and went public in late 1994 under the name of Guidant Corporation (NYSE and PCX: GDT). The new company focused on cardiac rhythm management (pacemakers and implantable defibrillators) and cardiac and vascular intervention products via coronary and peripheral stents, guidewires and balloon dilatation ...
St. Jude Medical was founded in 1976 to further develop bi-leaflet artificial heart valves, which were originally created in 1972 at the University of Minnesota. [4] [5] St. Jude Medical's bi-leaflet valve was developed in large part by Dr. Demetre Nicoloff of the University of Minnesota and St. Jude Medical employee Don Hanson.
St. Jude Medical Center is one of three St. Joseph Health hospitals in Orange County – each founded by the Sisters of St. Joseph of Orange—part of a 14-hospital system within the western United States that includes outpatient services, fetal diagnostic center, as well as inpatient services.
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St. Jude Children's Research Hospital is a pediatric treatment and research hospital headquartered in Memphis, Tennessee. Founded by entertainer Danny Thomas in 1962, it is a 501(c)(3) designated nonprofit medical corporation which focuses on children's catastrophic diseases, particularly leukemia and other cancers. [ 1 ]
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At the time of acquisition, Telectronics was number 2 in the worldwide pacemaker market. [ 10 ] [ 11 ] [ 12 ] In January 1995, Telectronics was forced to recall thousands of model 801 atrial "J" leads by the Food and Drug Administration leading to the company having to eventually settle legal claims at a cost of hundreds of millions of dollars ...
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