FDA Classifies Recall Of Inari Medical's Large Vessel Clot Removal Catheter Device As Most Serious
Portfolio Pulse from Vandana Singh
The FDA has classified the recall of Inari Medical's ClotTriever XL catheter as 'most serious' due to risks of serious adverse health consequences, including death. The recall involves updating usage instructions but not removing the product from the market.
August 26, 2024 | 4:17 pm
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Inari Medical's ClotTriever XL catheter recall has been classified as 'most serious' by the FDA due to risks of serious health consequences, including death. The recall involves updating usage instructions but not removing the product from the market.
The FDA's classification of the recall as 'most serious' indicates significant regulatory and health concerns, which can negatively impact investor sentiment and the stock price. The recall involves updating instructions, not product removal, but the severity of the classification and reported injuries and deaths are likely to weigh on the stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100