STOCK TITAN

Meridian Bioscience, Inc.: Magellan Diagnostics, Inc. Expands Voluntary Recall of LeadCare Test Kits

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Negative)
Tags
Rhea-AI Summary

Meridian Bioscience (NASDAQ: VIVO) announced an expansion of the voluntary recall of its LeadCare Test Kits for lead detection in blood due to control test failures. The recall, initiated in May 2021, affects various lot numbers and underscores the risk of underestimating blood lead levels. The company recommends discontinuing the use of these kits and evaluating patient test results with alternative methods. The U.S. FDA has been notified of the situation, and product distribution has been paused until further notice.

Positive
  • None.
Negative
  • Expansion of recall for LeadCare Test Kits due to potential underestimation of blood lead levels.
  • Distribution of affected products has been paused, impacting sales.
  • Ongoing investigation of control test failures may lead to prolonged market unavailability.

CINCINNATI, OH / ACCESSWIRE / September 1, 2021 / Meridian Bioscience, Inc. (NASDAQ:VIVO), a provider of diagnostic testing solutions and life science raw materials, today announced its wholly owned subsidiary, Magellan Diagnostics, Inc. ("Magellan"), expanded the Class I recall of its LeadCare® II Blood Lead Test Kits, LeadCare Plus® Blood Lead Test Kits, and LeadCare Ultra® Blood Lead Test Kits (the "LeadCare Test Kits") for the detection of lead in whole blood.

Magellan provides two controls in the test kits which are designed to mimic blood and are spiked with lead to specific target values with an associated acceptable range. Results of the control tests within the acceptable range indicate that the system is operating properly before testing patient samples. In May 2021, Magellan initiated this voluntary recall after identifying an ongoing issue with testing of the controls included in the LeadCare Test Kits. Magellan continues to investigate this issue and has conducted extensive testing to evaluate potential root causes.

Scope of Recall
Magellan received reports that control tests of either the "Low-Control" (e.g., the "Level 1" control at approximately 9 mg/dL ± 3 mg/dL) and/or the "High-Control" (e.g., the "Level 2" control at approximately 28 mg/dL ± 4 mg/dL) generated a "low" result (i.e., "Control Out of Range-Low" ["COOR-L"]). Magellan initiated the recall because the impacted LeadCare Test Kits lots could potentially underestimate blood lead levels when processing patient blood samples.

As part of the recall to the user level, Magellan is notifying customers and distributors affected by the recall. Magellan's customer recall notification provides instructions for the return and replacement of the impacted LeadCare Test Kits (see list of affected lot numbers below).

Catalog No.

Product

Lot Number

Expiration Date

70-6762

LeadCare® II Blood Lead Test Kit

2012M sub-lots***

Apr 8, 2022

2013M*

Apr 22, 2022

2014M*

Apr 29, 2022

2015M*

May 12, 2022

2016M*

May 19, 2022

2017M*

Jun 10, 2022

2018M

Jun 6, 2022

2101M**

Jul 28, 2022

2102M

Sept 30, 2021

2103M**

Aug 18, 2022

2105M**

Sep 11, 2022

2106M**

Jan 21, 2022

2107M**

Sept 30, 2022

2109M

Oct 15, 2022

2110M

Oct 29, 2022

2111M

May 31, 2022

2112M

Nov 13, 2022

2113M

Jun 30, 2022

2114M

Dec 17, 2022

7114M

Dec 17, 2022

2115M

Dec 29, 2022

82-0004
70-8098

LeadCare Plus® Blood Lead Test Kit
LeadCare Ultra® Blood Lead Test Kit

2011MU*

Mar 25, 2022

2104MU**

Aug 25, 2022

2108MU**

Mar 31, 2022

* Lots previously included in the recall initiated on May 7, 2021
** Lots previously included in the recall initiated on June 11, 2021
*** Only the following sub-lots of lot 2012M are included in the recall: -08, -09, -10, -11, -12, -13, and -14

Magellan recommends the following:

  • Customers should discontinue use of all LeadCare Test Kits lots identified as part of the recall and quarantine remaining inventory.
  • Distributors should stop distribution of all LeadCare Test Kits lots identified as part of the recall, review current inventory and quarantine any remaining stock.
  • Health Care Providers should evaluate patient test results that were generated with all recalled lots.
    • Suspect results should be confirmed with an alternative lead testing option, such as those using Inductively Coupled Plasma Mass Spectrometry (ICP-MS) or Graphite Furnace Atomic Absorption Spectroscopy (GFAAS) at a high complexity, CLIA-certified, reference laboratory.
    • See CDC's recommended actions based on blood lead level: https://www.cdc.gov/nceh/lead/advisory/acclpp/actions-blls.htm
  • Promptly complete and return the Customer Notification Form in the Urgent Medical Device Recall letter to LeadCareSupport@magellandx.com or FAX to (978) 600-1480. Complete this form even if you have no remaining inventory. These forms are also available on Magellan's COOR-L recall webpage: https://www.magellandx.com/resources/leadcare-test-kit-controls-out-of-range-low-coor-lo-recall/
  • After the form has been submitted, contact Magellan Technical Support 1-800-275-0102 to obtain a FedEx label to return any remaining inventory to Magellan and receive replacement product when available.

Product distribution has been paused until further notice and replacement product is currently unavailable. Magellan continues to investigate the root cause of the COOR-LO failure mode and is working diligently to find a solution to resume shipments/replacements as quickly as possible. If you have questions about this recall, please contact Magellan's LeadCare® Product Support Team at 1-800-275-0102, or email at LeadCareSupport@magellandx.com.

The U.S. Food and Drug Administration ("FDA") has been notified of this recall.

FDA MedWatch Reporting
Adverse reactions/events or product concerns may also be reported to FDA's MedWatch online voluntary reporting system.

About Meridian Bioscience, Inc.
Meridian is a fully integrated life science company that develops, manufactures, markets, and distributes a broad range of innovative diagnostic products. We are dedicated to developing and delivering better solutions that give answers with speed, accuracy and simplicity that are redefining the possibilities of life from discovery to diagnosis. Through discovery and development, we provide critical life science raw materials used in immunological and molecular tests for human, animal, plant, and environmental applications. Through diagnosis, we provide diagnostic solutions in areas including gastrointestinal and upper respiratory infections and blood lead level testing. We build relationships and provide solutions to hospitals, reference laboratories, research centers, veterinary testing centers, physician offices, diagnostics manufacturers, and biotech companies in more than 70 countries around the world.

Meridian's shares are traded on the NASDAQ Global Select Market, symbol VIVO. Meridian's website address is www.meridianbioscience.com.

Contact:
Charlie Wood
Vice President - Investor Relations
Meridian Bioscience, Inc.
Phone: +1 513.271.3700
Email: mbi@meridianbioscience.com

SOURCE: Meridian Bioscience, Inc.



View source version on accesswire.com:
https://www.accesswire.com/662446/Meridian-Bioscience-Inc-Magellan-Diagnostics-Inc-Expands-Voluntary-Recall-of-LeadCare-Test-Kits

FAQ

What is the recent recall announcement by Meridian Bioscience regarding VIVO?

Meridian Bioscience expanded the recall of its LeadCare Test Kits due to control test failures that could underestimate blood lead levels.

How does the LeadCare Test Kit recall affect Meridian Bioscience investors?

The recall may negatively impact sales and market presence, leading to potential financial implications for Meridian Bioscience investors.

What should customers do with the recalled LeadCare Test Kits?

Customers are advised to discontinue use, quarantine the inventory, and submit a Customer Notification Form to receive replacements.

When was the LeadCare Test Kits recall initiated?

The initial recall was initiated in May 2021 and has since expanded to include additional lots.

Has the FDA been notified about the LeadCare Test Kits recall?

Yes, the U.S. FDA has been notified of the recall concerning the LeadCare Test Kits.

VIVO

NASDAQ:VIVO

VIVO Rankings

VIVO Latest News

VIVO Stock Data

1.49B
43.35M
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
US
Cincinnati