Baxter Recalls WatchCare Incontinence Management System, Due To Interference Risk

Comments
Loading...
  • The FDA classified Baxter International Inc's BAX recall of hospital bed systems as the most serious type of concern that it could lead to life-threatening injuries or death.
  • Baxter initiated the recall of its WatchCare Incontinence Management System, which is used to discreetly alert an incontinent patient's caregiver of an incontinence event.
  • Baxter warned users about the potential for WatchCare's radio frequencies to interfere with other medical devices.
  • The device was found to interfere with other nearby critical devices such as infusion pumps, insulin pumps, blood glucose sensors, and bladder scanners.
  • Related: Baxter Q3 Performance underwhelms Investors, FY22 Guidance Lags Consensus.
  • The FDA said the interference from WatchCare may lead to erroneous readings or malfunctions on other devices, causing inappropriate medical treatment for patients.
  • Baxter recalled 8,550 WatchCare devices distributed between August 1, 2018, and September 1, 2022.
  • The FDA said the recall was based on 96 reported complaints of interference with no reports of injuries or death related to the product.
  • Baxter said it has sought location and removal of the device from clinical care areas, where possible.
  • Many of the recalled WatchCare devices were manufactured by Hillrom, which Baxter acquired in late 2021.
  • Price Action: BAX shares closed at $56.30 on Wednesday.
Overview Rating:
Speculative
37.5%
Technicals Analysis
66
0100
Financials Analysis
20
0100
Overview
Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!