Cyberonics (CYBX) Halts Shipments on Aspire Platform Generators Models 105 & 106

August 15, 2011 8:34 AM EDT Send to a Friend
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.


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