Teleflex Medical Incorporated
) has declared a worldwide voluntary recall of its ISIS HVT
Tracheal Tube Cuffed with subglottic secretion suction port (with
and without Preloaded Stylet).
NATUS MEDICAL (BABY): Free Stock Analysis
CYBERONICS INC (CYBX): Free Stock Analysis
DEXCOM INC (DXCM): Free Stock Analysis Report
TELEFLEX INC (TFX): Free Stock Analysis
To read this article on Zacks.com click here.
Teleflex communicated the product recall to its U.S. customers by
means of a letter on Jan 6, 2014, clearly stating that customers
should discontinue use of the said device and return all unused
ISIS products to Teleflex with immediate effect. The product
codes have also been clearly indicated for the convenience of the
Teleflex ISIS HVT is a comprehensive, convertible endotracheal
tube designed to provide airway access. Attached with a suction
port and a separate line for subglottic secretion suctioning, the
Teleflex ISIS HVT is designed for patients who need both short -
and long-term ventilation. Patients are not required to change
tubes with the Teleflex ISIS HVT.
However, Teleflex made a voluntary recall of the ISIS HVT
following complaints that it can kink during patient use. This
makes it dangerous to use, as any such occurrence can deprive the
patient of adequate ventilation, in turn, leading to hypoxic
injury or anoxia.
The U.S. Food and Drug Administration (FDA) has classified this
action as a Class I recall which is defined as a situation where
there is a considerable chance of adverse health consequence or
even death resulting from the use of a violative product.
Any product recall may have an impact on the company's bottom
line and dampen its reputation in the market. Teleflex must
handle this recall deftly to ensure that its competitors in the
MedTech industry do not take advantage of the situation.
As a result, Teleflex should take appropriate steps to help
retain customer satisfaction and trust in the company's products.
Superior customer satisfaction can eventually support the growth
prospects of Teleflex in the market, going forward.
Currently, Teleflex carries a Zacks Rank #2 (Buy).
Investors interested in the medical instruments industry can look
at other stocks like
Natus Medical Inc.
). While BABY carries a Zacks Rank #1 (Strong Buy), CYBX and DXCM
hold the same Zacks Rank as Teleflex.