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St. Jude Medical: Cardiac Rhythm Management Business Has “Turned The Corner”

The firm reported during its second-quarter earnings call that its cardiac rhythm management business has stabilized after several quarters of market share decline.

St. Jude Medical Inc. is on pace to meet or exceed its previous 2013 revenue target for its cardiac rhythm management devices business, the company announced during its July 17 second-quarter earnings call.

The CRM business includes all of St. Jude’s pacemakers and implantable cardioverter defibrillator product lines.

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