After vehemently denying its devices suffer security vulnerabilities and then suing us, St. Jude issued a statement today that effectively vindicates the research published by MedSec and Muddy Waters. This long-overdue acknowledgement, just days after completion of St. Jude’s sale to Abbott Laborato… more
This past Friday, STJ published a response to the report MWC issued the day before. STJ’s response contained very little substance, and actually included admissions to several key points. There are no changes to MedSec or our conclusions about the lack of security in the STJ device ecosystem, and… more
Muddy Waters Capital is short St. Jude Medical, Inc. (STJ US). There is a strong possibility that close to half of STJ’s revenue is about to disappear for approximately two years. STJ’s pacemakers, ICDs, and CRTs might – and in our view, should – be recalled and remediated. (These devices collect… more