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Quotes & Info
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| STJ > SEC Filings for STJ > Form 8-K on 21-Apr-2009 | All Recent SEC Filings |
21-Apr-2009
Other Events
On April 21, 2009, St. Jude Medical received a warning letter dated April 17, 2009, from the Food and Drug Administration (the FDA) related to its Atrial Fibrillation (AF) Division manufacturing facility in Minnetonka, Minnesota.
The FDA inspected the Company's catheter manufacturing facility in Minnetonka at various times between Dec. 8 and Dec. 19, 2008. On December 19, 2008, the FDA issued a Form 483 identifying certain observed non-conformity with Current Good Manufacturing Practice (CGMP) primarily related to the manufacture and assembly of the Safire ablation catheter with a 4 or 5 mm non-irrigated tip. For the full year 2008, this product accounted for approximately $6 million in worldwide sales.
Following the receipt of the Form 483, St. Jude Medical's AF Division provided written responses to the FDA detailing proposed corrective actions and immediately initiated efforts to address FDA's observations of non-conformity. The FDA warning letter acknowledges actions already taken by St. Jude Medical's AF Division to address the observations.
The FDA letter notes that it will not grant requests for exportation certificates to foreign governments or approve pre-market approval applications for Class III devices to which the quality system regulation deviations are reasonably related until the violations have been corrected.
Customer orders are not expected to be impacted while we work to resolve the FDA's concerns. The Company takes these matters seriously and has already begun to respond timely and fully to the FDA's requests, and believes that the FDA's concerns can be resolved without a material impact on the Company's financial results.
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