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Guidant Breaking News!

U.S. Seeks Guidant Documents from Lawyer
Posted on Feb 06, 2006 | A.P. Bizwire – Seattlepi.com

U.S. Seeks Guidant Documents from Lawyer

The Justice Department has ordered an attorney to turn over documents indicating Guidant Corp. continued selling some of its heart defibrillator models after knowing the devices could malfunction. The subpoena, part of the federal government's investigation into the Indianapolis-based company, requires Texas attorney Bob Hilliard to turn over handwritten notes and PowerPoint slides. He obtained them from the company during preparations for a product liability case in Texas state court…

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Drugs & Devices: Guidant Woes
Posted on January 23, 2006 | Red Herring

Drugs & Devices: Guidant Woes

Guidant, the target of a fierce bidding war between Johnson & Johnson and Boston Scientific, said Monday that a seal on some of its older pacemakers could be susceptible to more failure than first reported to the federal government. The company said the sealing component used on some of its pacemakers manufactured before 2000 may experience higher rates of gradual degradation…

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Boston Scientific Wins Guidant
Posted on January 23, 2006 | Red Herring

Boston Scientific Wins Guidant

Boston Scientific on Wednesday emerged victorious from a takeover battle for Guidant, a cardiac device maker, when the company's board accepted a $27 billion cash-and-stock offer and rival Johnson & Johnson decided not to counter bid…

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Lawsuit: Guidant Knew of Problems
Posted on January 20, 2006 | Associated Press

Lawsuit: Guidant Knew of Problems

The New York Times and two Texas plaintiffs won access Thursday to documents they say show Guidant Corp. continued selling heart defibrillators after knowing the devices could be deadly. The petition to urge the release of documents was filed as part of a lawsuit by two Corpus Christi residents against Guidant Corp., accusing the manufacturer of heart defibrillators of knowingly selling a defective product. Find a Guidant Lawyer in your state …

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Widow Files Suit Against Guidant
Posted on January 23, 2006 | Indy Star

Widow Files Suit Against Guidant

Guidant, the target of a fierce bidding war between Johnson & Johnson and Boston Scientific, said Monday that a seal on some of its older pacemakers could be susceptible to more failure than first reported to the federal government. The company said the sealing component used on some of its pacemakers manufactured before 2000 may experience higher rates of gradual degradation…

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Judge Grants Access to Guidant Defibrillator Documents
Posted on January 23, 2006 | Red Herring

Judge Grants Access to Guidant Defibrillator Documents

The New York Times and two Texas plaintiffs won access Thursday to documents they say show Guidant Corp. continued selling some models of its heart defibrillators after knowing the devices could malfunction.The petition to urge the release of documents was filed as part of a lawsuit by two Corpus Christi residents against the Indianapolis-based Guidant, which is the target in a bidding war between Boston Scientific Corp. and Johnson & Johnson, both of which hope to acquire Guidant's business in a fast-growing $10 billion market of implantable defibrillators and pacemaker…

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Ex-Worker Says Guidant Pushed Speed Over Safety
Posted on January 14, 2006 | Bloomberg News

Ex-Worker Says Guidant Pushed Speed Over Safety

Guidant Corp. reduced training and emphasized production speed over quality at its troubled factory making implantable heart devices in Arden Hills, says a 14-year worker who trained others there. Management set "unrealistic" goals for production of pacemakers and defibrillators and offered incentives for meeting them that included cash bonuses and Minnesota Vikings tickets, Juan A. Machado said in an interview given under oath for a Texas product liability lawsuit against Guidant…

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Guidant Considered Disclosing Device Failures
Posted on January 20, 2006 | New York Times

Guidant Considered Disclosing Device Failures

Six months before the Guidant publicly disclosed short-circuits in its heart devices, a debate was apparently going on within the company over whether to alert doctors about such failures, internal company documents suggested. The documents, released Thursday, appear to indicate that some Guidant executives recommended in January 2005 that the company find a way of tell doctors about the failures posed by a device known as the Contak Renewal, an advanced heart defibrillator…

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N.Y. Times Sues for Access to Guidant Documents
Posted on January 19, 2006 | Reuters

N.Y. Times Sues for Access to Guidant Documents

Guidant, the target of a fierce bidding war between Johnson & Johnson and Boston Scientific, said Monday that a seal on some of its older pacemakers could be susceptible to more failure than first reported to the federal government. The company said the sealing component used on some of its pacemakers manufactured before 2000 may experience higher rates of gradual degradation…

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