Report: Defibrillators may be a tough sell for Boston Scientific

August 22, 2006 09:26 AM E-mail| |Comments ()| Text size +


Boston Scientific Corp.
may face a tough time selling its defibrillators as doctors shun them in the wake of several recalls of the devices, Bloomberg news reported this morning.

The company was mentioned in a report by analyst Robert Faulkner of JMP Securities in New York, which said that defibrillator sales plunged 12 percent to $1.37 billion in the second quarter. The cause: doctor and patient worries after 300,000 defibrillator implants were recalled starting last February.

Boston Scientific has 500 defibrillator-related lawsuits pending and saw sales of the devices drop by 20 percent last quarter, the Bloomberg report said.
(By Keith Reed, Globe staff)

Email this article

Invalid email address
Invalid email address

Sending your article

Your article has been sent.

Col3