FDA Issues Alert Over Device Issue in Edwards Lifesciences Procedure
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
What happened
The FDA issued a safety notification concerning delivery systems used in Edwards Lifesciences’ Sapien M3 transcatheter mitral valve replacement procedure. This alert followed reports of three balloon bursts during inflation, which included one death and one serious injury. Edwards Lifesciences advised customers to stop using and return four specific lot numbers of the Commander M delivery system.
From ocbj.com, medicaldaily.com
Why it matters
The device failure and subsequent product removal create regulatory risk for Edwards Lifesciences. Following the alert, shares in Edwards decreased 1.3% to $86.94.
From ocbj.com
Who's involved
- FDARegulatory agency that issued the safety notification and Early Alert.
- Edwards LifesciencesMedical technology company whose delivery system was subject to the FDA alert.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Edwards LifesciencesSpeculative
Edwards Lifesciences could face increased costs and decreased revenue due to the required product recall.
- Royal Bank of CanadaSpeculative
Royal Bank of Canada might adjust investment ratings or targets for the company following the negative event.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Edwards Lifesciences safety alert may affect Citigroup's holdingsCitigroup's investment in Edwards Lifesciences faces pressure from safety alertPossible
- Medicare may review coverage after device safety alertMedicare may review coverage after device safety alertPossible
- Boston Scientific may gain market share amid Edwards device alertBoston Scientific may benefit from market openings due to Edwards device alertPossible
How it developed
Newest first. Tap a step to see who reported it.FDA issued a safety notification regarding delivery systems involving Edwards.1 source
FDA issued an Early Alert concerning a device issue at Edwards Lifesciences.1 source
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The entities involved
- FDA
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Edwards Lifesciences
American medical technology company