financetom
Business
financetom
/
Business
/
FDA classifies recall of Medtronic embolization devices as 'most serious'
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
FDA classifies recall of Medtronic embolization devices as 'most serious'
Mar 18, 2025 11:27 AM

March 18 (Reuters) - The U.S. Food and Drug

Administration on Tuesday classified the recall of Medtronic's ( MDT )

embolization device as "most serious", following reports

of the deaths of four patients.

The use of the affected product could lead to severe adverse

health consequences, including thrombosis, stroke, or death, the

agency said.

There have been thirteen reported injuries associated with

the use of devices known as Pipeline Vantage Embolization

devices.

The recall impacts the Pipeline Vantage devices compatible

only with 0.027" inner diameter microcatheters, Medtronic ( MDT ) said.

The company added that it has taken the necessary steps to

retrieve the recalled products and has notified regulatory

agencies globally as appropriate.

The devices in question are used to treat bulges in the

artery walls, or aneurysms, of the brain.

They are inserted into the blood vessels via a small

catheter and delivered to the aneurysm site, where a small,

braided tube is placed to obstruct blood flow to the bulging

area.

The recall involves the withdrawal of the device models from

all locations where they are currently in use or for sale.

Medtronic ( MDT ) is recalling the devices following reports of a

higher incidence of the flexible, braided tube part of the

device failing to properly attach or stay attached to the blood

vessel wall during and after procedures involving these devices.

Incomplete wall apposition and braid deformation, also

sometimes called fish-mouthing, braid narrowing, or braid

collapse, are known risks of these devices, the regulator said,

adding that the risks were higher in females, especially those

younger than 45 years of age.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Blackstone and TPG revive interest in buying Hologic, source says
Blackstone and TPG revive interest in buying Hologic, source says
Sep 17, 2025
(Reuters) -Private equity firms Blackstone and TPG revived their interest in acquiring medical device maker Hologic, a person close to the transaction said on Wednesday. This follows a Bloomberg News report from May saying that Hologic had declined a $16 billion non-binding offer from the private equity firms. ...
Expedition Infrastructure Partners Supports OTG Acquisition Corp. I, a Newly Closed $230 mm SPAC Targeting the Digital Infrastructure Ecosystem
Expedition Infrastructure Partners Supports OTG Acquisition Corp. I, a Newly Closed $230 mm SPAC Targeting the Digital Infrastructure Ecosystem
Sep 17, 2025
NEW YORK, Sept. 17, 2025 /PRNewswire/ -- Expedition Infrastructure Partners (XIP) is pleased to announce its role as strategic institutional advisor to OTG Acquisition Corp. I , which has raised $230 million in its recently closed initial public offering. OTG is targeting businesses across the Digital Infrastructure Services sector, a market experiencing unprecedented growth driven by data proliferation, artificial intelligence, high-performance...
Liquidia Insider Sold Shares Worth $1,174,974, According to a Recent SEC Filing
Liquidia Insider Sold Shares Worth $1,174,974, According to a Recent SEC Filing
Sep 17, 2025
04:43 PM EDT, 09/17/2025 (MT Newswires) -- Raman Singh, Director, on September 15, 2025, sold 45,524 shares in Liquidia ( LQDA ) for $1,174,974. Following the Form 4 filing with the SEC, Singh has control over a total of 31,255 common shares of the company, with 31,255 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1819576/000110465925090852/xslF345X05/tm2526264-1_4seq1.xml ...
Rezolute Q4 net loss widens to $24.4 mln
Rezolute Q4 net loss widens to $24.4 mln
Sep 17, 2025
(Repeats to chain to alerts; no changes to text) Overview * Rezolute ( RZLT ) fiscal Q4 net loss widens to $24.4 mln from $23.0 mln a yr earlier * Operating expenses rise due to increased R&D and G&A costs * Cash and investments increase to $167.9 mln as of June 30, 2025 Outlook * Rezolute ( RZLT ) expects...
Copyright 2023-2026 - www.financetom.com All Rights Reserved