Cyberonics (CYBX) Halts Shipments on Aspire Platform Generators Models 105 & 106
Up)
Cyberonics, Inc. (NASDAQ: CYBX) announced today that it has voluntarily stopped shipment and is retrieving field inventory of its Aspire platform generators, Models 105 and 106.
The company does not believe that the generators pose a health risk to patients, but initiated this action when it discovered that stimulation output current delivered to patients can be less than the output current programmed by a physician.
Cyberonics has also suspended enrollment in its E-36 clinical trial pending resolution of this hardware-related design issue.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
The company does not believe that the generators pose a health risk to patients, but initiated this action when it discovered that stimulation output current delivered to patients can be less than the output current programmed by a physician.
Cyberonics has also suspended enrollment in its E-36 clinical trial pending resolution of this hardware-related design issue.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
You May Also Be Interested In
- Cyberonics to Present at Jefferies 2012 Global Healthcare Conference
- CNOOC (CEO) Discovers New Oil Pay at Luda(LD)21-2 in Bohai
- SAIC (SAI) Awarded $33M Contract from DIA for NMEC Translation Service Support
Create E-mail Alert Related Categories
Corporate NewsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
