Abbott Recalls Amplatzer Steerable Delivery Sheath On Risk Of Air Embolism
Portfolio Pulse from Vandana Singh
Abbott Laboratories is recalling its Amplatzer Steerable Delivery Sheath due to an increased risk of air embolism in patients. The company has reported 26 incidents and 16 injuries related to this issue, but no deaths. Abbott has issued a Medical Device Recall notice and is recalling 672 devices distributed between October 2022 and February 2023. The company's shares are up 0.89% at $113.95.
July 26, 2023 | 6:20 pm
News sentiment analysis
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NEGATIVE IMPACT
Abbott Laboratories is recalling a medical device due to safety concerns. This could potentially impact the company's reputation and sales, but the stock price is currently up.
The recall of a medical device due to safety concerns can negatively impact a company's reputation and sales. However, the stock price is currently up, indicating that the market may not view this as a significant issue at this time.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100