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Chart: Boston Sci And St. Jude Trade Barbs Over Firings And Hirings

This article was originally published in The Gray Sheet

Executive Summary

Boston Scientific CEO Ray Elliott was blunt during the firm's Q4 2009 earnings call in criticizing St. Jude Medical for hiring CRM sales reps that he had fired for unethical interactions with health care providers. Boston Scientific dismissed an unspecified number of reps in recent months for breaches to its code of conduct, a move that is likely to lead to near-term revenue loss.
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