Timing Of Recalls Poses Challenges For Medical Cos.

Law360, New York (March 6, 2008, 12:00 AM EST) -- While medical device manufacturers face significant backlash if they wait too long to issue a recall, they also run the risk of pulling the trigger too early.

With heightened federal scrutiny and increased media attention to recalls, companies are voluntarily recalling devices more often, even if they have less information on the problem and the risk involved is smaller, according to product liability experts.

Ralph F. Hall, counsel at Bakers & Daniels LLP, said there was no tolerance for delays in issuing a recall. A perception...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.