St. Jude Medical Announces FDA Approval of Trifecta Valve

Next-generation design offers physicians most advanced pericardial aortic tissue valve in the U.S.

ST. PAUL, Minn.--()--St. Jude Medical, Inc. (NYSE:STJ), a global medical device company, today announced that it has received U.S. Food and Drug Administration (FDA) approval for its Trifecta™ valve. The valve, a clinically-proven replacement for diseased, damaged or malfunctioning aortic heart valves, mimics the flow of a natural, healthy heart and represents a significant new product in the pericardial aortic stented tissue valve market.

“The Trifecta valve will continue the ongoing transformation of stented aortic valve replacement,” said Joseph E. Bavaria, M.D., Roberts-Measy director and vice chief of cardiovascular surgery at the University of Pennsylvania in Philadelphia, Pa. “While each new technology that extends the portfolio of tissue valve solutions for physicians is critical for enhanced patient care, the Trifecta valve is a significant step forward for cardiac surgeons in the United States. The valve is already becoming known for its exceptional hemodynamic performance, one factor that is particularly important for the treatment of patients with diseased aortic heart valves.”

Building upon more than 30 years of St. Jude Medical experience in developing heart valves, the Trifecta valve was designed for excellent hemodynamic performance (the optimization of blood flow through the valve) and long-term durability. To ensure the structural integrity of the valve, the Trifecta valve is constructed using a polyester and tissue-covered titanium stent, or base. The valve features leaflets manufactured from pericardial tissue attached to the exterior of the valve stent. This design allows the leaflets to open more fully and efficiently, mimicking the performance of a healthy aortic heart valve and limiting tissue abrasion through tissue-to-tissue (stent-to-leaflet) contact. Also contributing to the valve’s durability, the Trifecta valve offers the St. Jude Medical patented Linx™ AC Technology, an anticalcification treatment designed to reduce tissue mineralization (hardening), one of the primary causes of valve deterioration.

The Trifecta valve offers several features that improve the ease of implantation, including the valve’s unique holder, designed to improve visibility and cuff access for suturing, and customized sizer, offering physicians more control in choosing the appropriate replacement valve for each patient’s heart.

“Physicians around the world have already voiced tremendous excitement and satisfaction with the Trifecta valve,” said Frank J. Callaghan, president of the St. Jude Medical Cardiovascular Division. “Trifecta has demonstrated outstanding hemodynamic performance and has improved the lives of patients with aortic valve disease. We are proud to continue our legacy of market-leading valves with this advanced technology and will strive to continue advancing valve solutions for physicians and patients around the world.”

Each year, approximately 90,000 patients in the U.S. undergo open-heart surgery to replace their diseased, damaged heart valves. The Trifecta stented tissue valve further expands the St. Jude Medical valve product portfolio, which includes market-leading mechanical heart valves, valve annuloplasty rings and porcine tissue valves with superior durability for both the aortic and mitral valve.

The Trifecta valve was approved by regulatory authorities in Europe and Canada in 2010.

About St. Jude Medical

St. Jude Medical develops medical technology and services that focus on putting more control into the hands of those who treat cardiac, neurological and chronic pain patients worldwide. The company is dedicated to advancing the practice of medicine by reducing risk wherever possible and contributing to successful outcomes for every patient. St. Jude Medical is headquartered in St. Paul, Minn. and has four major focus areas that include: cardiac rhythm management, atrial fibrillation, cardiovascular and neuromodulation. For more information, please visit sjm.com.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such forward-looking statements include the expectations, plans and prospects for the Company, including potential clinical successes, anticipated regulatory approvals and future product launches, and projected revenues, margins, earnings and market shares. The statements made by the Company are based upon management’s current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include market conditions and other factors beyond the Company’s control and the risk factors and other cautionary statements described in the Company’s filings with the SEC, including those described in the Risk Factors and Cautionary Statements sections of the Company’s Annual Report on Form 10-K for the fiscal year ended January 1, 2011. The Company does not intend to update these statements and undertakes no duty to any person to provide any such update under any circumstance.

Contacts

St. Jude Medical, Inc.
J.C. Weigelt
Investor Relations
651-756-4347
jweigelt@sjm.com
or
Kate Stoltenberg
Media Relations
651-756-6293
kstoltenberg@sjm.com

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Contacts

St. Jude Medical, Inc.
J.C. Weigelt
Investor Relations
651-756-4347
jweigelt@sjm.com
or
Kate Stoltenberg
Media Relations
651-756-6293
kstoltenberg@sjm.com