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FDA Lifts All Restrictions on Boston Scientific's Minnesota ...

...The FDA then sent Guidant a warning letter about deficiencies at the plant in December 2005, all of which have now been resolved.

Boston Scientific is now free to seek approvals for new devices in the $10 billion-a-year global market for pacemakers and implantable cardioverter "[T]he competitive dynamics have changed over the past year and it remains to be seen how successful and quickly (Boston Scientific) will be able to take back lost ICD market share," said Bank of America analyst Glenn Novarro.

Boston Scientific has yet to resolve a second warning letter about quality control problems at plants in Massachusetts, Minnesota and Indiana.

Sources: MarketWatch, Reuters, CNN.com, Bloomberg, 24/7 Wall Street Commentary: Bypassing Surgery - Will Stents Survive The Bad News?

• Boston Scientific Addresses Quality Issues at JPMorgan's HealthCare Conference • JNJ, Boston Scientific Heart Stents Are Safe, Says FDA Stocks/ETFs to watch: Boston Scientific Corp.

(BSX).

Competitors: Johnson & Johnson (JNJ), Medtronic Inc.

(MDT), St.

Jude Medical Inc.

(STJ), Abbott Laboratories (ABT).

ETFs: iShares Dow Jones US Medical Devices (IHI) Seeking Alpha's news briefs are combined into a pre-market summary called Wall Street Breakfast.

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