Recall: Prevent, Manage, Mitigate And Survive

Law360, New York (March 21, 2011, 1:39 PM EDT) -- Surviving a medical device recall is no easy feat. It takes a toll on a company whose product is recalled — financial costs, human resource and morale impact, and market reputation fallout.

On Feb. 2, 2011, Hodgson Russ attorneys participated in a half-day educational event organized by MedTech, an upstate New York bioscience and medical technologies industry group where the real-life stories of surviving a product recall were discussed by manufacturers, contractors and service providers. We share here some of those discussions.

Financial cost and risk...
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