In-brief: In a damning report, the FDA said that St. Jude Medical* knew about serious security flaws in its implantable medical devices as early as 2014, but failed to address them with software updates or other mitigations, or by replacing those devices. (Editor’s note: updated to include a statement from Abbott and comment from Dr. Kevin Fu. – PFR April 14, 2017)
Muddy Waters
The Big Short: Alleged Security Flaws Fuel Bet Against St. Jude Medical
In-brief: The stock of medical device maker St. Jude plunged by 5% on Thursday after a report called for investors to bet against (or “short”) the company’s stock over serious security vulnerabilities in a range of the company’s implantable cardiac devices.