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The Boston Globe

Business

St. Jude Medical stock falls after FDA report

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Shares of St. Jude Medical fell after the FDA released a plant inspection report that found problems in the company’s testing and oversight of an electrical wire, or lead, that connects an implanted defibrillator to a patient’s heart. The FDA report raises the prospect of potential agency action. St. Jude executives have repeatedly insisted the lead is safe.

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