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AGA Medical

Appeals court upholds win for Gore in patent war with STJ | Medtech legal news for the week of June 16, 2014

June 16, 2014 By MassDevice Leave a Comment

Appeals court upholds Gore win over St. Jude Medical

June 9, 2014 by Brad Perriello

Appeals court upholds Gore win over St. Jude Medical

Filed Under: Legal News, News Well Tagged With: Abiomed, AGA Medical, Anulex Technologies Inc., Heart Tronics, Legal Roundup, Securities & Exchange Commission (SEC), Signalife, stjudemedical, W.L. Gore & Associates

Appeals court upholds Gore win over St. Jude Medical

June 9, 2014 By Brad Perriello Leave a Comment

Appeals court upholds Gore win over St. Jude Medical

A federal appeals court today upheld a win for W.L. Gore & Assoc. in a patent war with St. Jude Medical (NYSE:STJ) over heart defect repair technology.

Filed Under: Cardiac Implants, Legal News, News Well, Patent Infringement Tagged With: AGA Medical, stjudemedical, W.L. Gore & Associates

W.L. Gore claims win in patent war with St. Jude Medical

August 7, 2013 By Brad Perriello Leave a Comment

W.L. Gore claims win in patent war with St. Jude Medical

W.L. Gore & Assoc. claimed a win in its patent war with St. Jude Medical (NYSE:STJ) over heart defect repair technology, after a federal judge in Minnesota dismissed the suit.

Filed Under: Cardiac Implants, Legal News, News Well Tagged With: AGA Medical, Minnesota, stjudemedical, W.L. Gore & Associates

Occlutech claims win in Dutch legal war with St. Jude Medical | Legal News

May 29, 2012 By MassDevice staff Leave a Comment

Occlutech
St. Jude Medical

Occlutech GmbH is claiming victory in a legal battle with St. Jude Medical (NYSE:STJ) over structural heart implants, saying Holland’s Supreme Court upheld an earlier ruling in Occlutech’s favor.

Filed Under: Legal News, News Well, Patent Infringement Tagged With: AGA Medical, Basis Science, BodyMedia, Intuitive Surgical, Legal Roundup, Occlutech GmbH, stjudemedical, Stryker

St. Jude to expand in Plymouth, consolidating cardiovascular unit

January 5, 2012 By MassDevice staff Leave a Comment

St. Jude Medical Inc. (NYSE:STJ) plans to more than double its Plymouth, Minn. presence with a 3 floor, 275,000 square foot addition to its 5050 Nathan lane building.

Along with the build, the medical device giant plans to consolidate its cardiovascular unit to the new Plymouth campus. The company’s cardiovascular division currently leases locations in Minnetonka, Minn. and Maple Grove, Minn.

Filed Under: News Well Tagged With: AGA Medical, Layoffs, stjudemedical

Occlutech claims German victory in latest patent fight round with St. Jude and AGA

May 12, 2011 By MassDevice staff Leave a Comment

Occlutech, AGAM logos

Occlutech GmbH won another round in its ongoing patent dispute with St. Jude Medical Inc. (NYSE:STJ) acquisition AGA Medical.

The German Supreme Court (BGH) in Karlsruhe ruled that it does not see any basis for AGA Medical’s claim that Occlutech’s atrial septal defects (ASD) and patent foramen ovale (PFO) occlusion devices violate the company’s patents.

Filed Under: Legal News, News Well, Patent Infringement Tagged With: AGA Medical, Occlutech GmbH, stjudemedical

St. Jude Medical rises on Q1 results, Trifecta valve approval

April 20, 2011 By MassDevice staff Leave a Comment

St. Jude Medical

St. Jude Medical Inc. (NYSE:STJ) shares rose today on news of its first-quarter sales and earnings and of FDA approval of its aortic valve replacement system, the Trifecta.

STJ shares were up 2.7 percent to $52.37 as of about 10:40 this morning, after the St. Paul, Minn.-based medical device maker reported profits of $233.4 million, or 71 cents per diluted share, on sales of $1.38 billion for the three months ended April 2 — a 9.0 percent top-line increase compared with Q1 2010.

Filed Under: MassDevice Earnings Roundup, News Well, Replacement Heart Valves, Wall Street Beat Tagged With: AGA Medical, Q1, stjudemedical

St. Jude closes AGA Medical buyout

November 19, 2010 By MassDevice staff Leave a Comment

STJ, AGAM logos

St. Jude Medical Inc. (NYSE:STJ) closed its $1.03 billion acquisition of rival cardiovascular device maker AGA Medical Holdings Inc. (NSDQ:AGAM) today.

The St. Paul, Minn.-based medical device developer said the acquisition gives it access to four new surgical markets, including the treatment of structural defects in the heart.

Filed Under: Business/Financial News, Mergers & Acquisitions, News Well Tagged With: AGA Medical, stjudemedical

St. Jude concludes tender exchange in AGA Medical takeover

November 19, 2010 By MassDevice staff Leave a Comment

STJ, AGAM logos

St. Jude Medical Inc. (NYSE:STJ) concluded its tender offer AGA Medical Holdings Inc. (NSDQ:AGAM) and expects to close its $1.03 billion acquisition of the rival cardiovascular device maker today.

The St. Paul, Minn.-based company said about 91.1 percent of AGA’s outstanding stock was tendered as part of its buyout of the company, and another 6.7 percent of AGA stock was tendered by notices of guaranteed delivery.

Filed Under: Business/Financial News, Mergers & Acquisitions, News Well Tagged With: AGA Medical, stjudemedical

St. Jude sets share exchange rate for AGA Medical takeover

November 16, 2010 By MassDevice staff Leave a Comment

STJ, AGAM logos

St. Jude Medical Inc. (NYSE:STJ) set the share exchange rate for its $1.3 billion half-cash, half-stock acquisition of AGA Medical Holdings Inc. (NSDQ:AGAM).

The St. Paul, Minn.-based medical device maker said it plans to provide AGA shareholders with 54 percent of a STJ share for every one AGAM share exchanged.

Filed Under: Business/Financial News, Mergers & Acquisitions, News Well Tagged With: AGA Medical, stjudemedical

AGA Medical’s sale to St. Jude might be the fastest exit ever

October 19, 2010 By MedCity News Leave a Comment

MedCity News logo

When St. Jude Medical Inc. (NYSE:STJ) completes its $1.3 billion acquisition of AGA Medical Holdings Inc. (NSDQ:AGAM) at the end of the year, it just might be the quickest exit in Wall Street history.

Filed Under: Business/Financial News, Mergers & Acquisitions, News Well Tagged With: AGA Medical, stjudemedical

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