West Receives FDA 510(k) Clearance For Vial2Bag Advanced 13mm Admixture Device
Portfolio Pulse from Benzinga Newsdesk
West Pharmaceutical Services, Inc. (NYSE:WST) has received FDA 510(k) clearance for its Vial2Bag Advanced 13mm admixture device, expanding its portfolio of needle-free drug administration systems. The device, designed for immediate use IV drug transfer, complements the existing 20mm version, offering more options for drug reconstitution and transfer at the point-of-care. The product was launched at the American Society of Health-System Pharmacists Midyear Clinical Meeting and is intended for adolescent and adult patients, for prescription and U.S. healthcare professional use only.
December 04, 2023 | 8:04 pm
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POSITIVE IMPACT
West Pharmaceutical Services, Inc. has received FDA clearance for its new Vial2Bag Advanced 13mm admixture device, indicating a potential positive impact on the company's product portfolio and market position in injectable drug administration systems.
FDA clearance is a significant regulatory milestone that often leads to increased trust and credibility in the healthcare market. The launch of the new Vial2Bag Advanced 13mm admixture device expands West's product line, potentially increasing sales and market share. The positive reception at a major industry event further suggests a favorable market response. However, the financial impact will depend on the adoption rate and sales performance of the new device.
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IMPORTANCE 80
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