St. Jude Medical Completes Acquisition of Spinal Modulation, Inc.

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St. Jude Medical (STJ) Announces Completion of Spinal Modulation Acquisition

May 4, 2015 9:13 AM EDT

St. Jude Medical (NYSE: STJ) has completed the acquisition of Spinal Modulation, Inc., developer of the Axium Neurostimulator System. The acquisition was completed on May 1, 2015.

With the closing of the acquisition, St. Jude Medical has become the only medical device manufacturer in the world to offer radiofrequency ablation (RFA), spinal cord... More