"Recall Epidemic" ?FDA medical device recalls were down 22% in FY2019.
That’s good. But don’t open the champagne just yet. New device introductions dropped 15%. In fact, since FY2003, these two measures have had a 96% correlation. The drop in recalls came from basic economics, not poor risk management. And not from the Wuhan CVD-19 virus. That came after, In FY2020.
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There was no “Recall Epidemic” raging in the industry these last few years. Maybe nobody looked for the 96% correlation in any of the other FDA databases.
Only one person had to.
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What's in Your History Files? ™
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Richard L. Bollinger
618 Fifth Street Ann Arbor, MI 48103 |
TOKENS LEFT
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