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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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From: r.edwards6/30/2005 9:49:28 AM
   of 65232
 
NVE's customer: St.J Medical update.
By: nvec_long
06/30/2005 05:17 MDT and STJ set to grab GDT's market share-Barron's Online - GDT, the medical device maker currently being bought by JNJ, has locked itself out of the implantable cardioverter defibrillator (ICD) market by recalling 50,000 of its ICD's with a defect. Competitors MDT and STJ are quick to grab the $300M in sales GDT will lose this year by recalling the five ICD models.

Source:
www.theflyonthewall.com

>>>St. Jude Medical is manufacturing pacemakers using NVE Corporation’s giant magnetoresistive (GMR) sensors, which are highly stable and sensitive magnetic sensors that replace the reeds of conventional pacemakers. Pacemakers must be tuned to the specific needs of each person’s body. Physicians use magnetics to tune the pacemaker from outside the body. The device in the pacemaker that responds to the magnetic signals is usually a reed switch, however NVE’s GMR sensors are replacing the reeds in St. Jude’s pacemaker line of products.
The GMR sensors are an order of magnitude more sensitive than the reed, and they are solidstate devices, not mechanical. Mechanical devices have a known failure mechanism and may take longer to clear the U.S. Food and Drug Administration (FDA). GMR sensors have no known failure mechanism, allowing them to pass FDA quicker.<<<

Source:
www.nve.com/
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