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Tag: Recall Index

Sep
17

Reputational Risk At An All-Time High As Recalls Continue Into The Third Quarter

By Chris Harvey Tags: Recall Index,

COVID-19 may have stalled huge sectors of the global economy, but regulatory oversight in the U.S. remains vigilant and may even be picking up its pace as we move through the third quarter. In fact, medical device recalls in the second quarter reached levels we haven’t seen in two years, surpassing 300 recall events for the first time since the second quarter of 2018. And July data suggests that recalls may continue at this pace, further imposing challenges on an industry already stretched thin.

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May
22

Despite COVID-19, Product Recalls Are Still Happening

By Chris Harvey Tags: Product Recalls, Recall Index,

We just released our First Quarter 2020 Recall Index with everything you need to know right now about recalls in the food, consumer product, medical device, pharmaceutical, and automotive industries. But since COVID-19’s impact was only beginning to be felt in March, we thought it would be helpful to preview the Second Quarter based on April data.

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Nov
13

Product Recalls Stabilize, But an Upsurge is Expected

By Chris Harvey Tags: automotive recalls, consumer product safety, food recall trends, medical device recalls, pharmaceutical recall, Recall Index, Stericycle Expert Solutions, Stericycle Recalls,

While U.S. product recalls were relatively flat from the second to third quarter, expect an upsurge in the weeks and months to come as regulators – under growing pressure from Congress and consumer groups – turn their attention to currently unregulated categories.  Part of that pressure on regulators is a result of past handling of product safety issues.

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May
07

U.S. Government Shutdown Drives Down Product Recalls

By Amanda Combs Tags: 2019 Recalls, Recall Index, Stericycle Expert Solutions, Stericycle Recalls,

FOR IMMEDIATE RELEASE Stericycle Expert Solutions’ Recall Index shows halted safety inspections reduced U.S. recall activity across all industries in the first quarter of 2019 Indianapolis, IN – May 7, 2019 – Product recalls declined significantly across all industries for the first time since at least 2012, according to the first quarter 2019 Recall Index released today by Stericycle Expert Solutions (NASDAQ: SRCL).

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Aug
29

A Bitter Pill: Recalled Pharmaceutical Units Increase 444 Percent in Q2

By Amanda Combs Tags: Recall Index,

Pharmaceutical recall activity saw a disturbing rise not only in the volume of products recalled last quarter, but also in the severity of risk to consumers, according to the Q2 2017 Recall Index. Pharmaceutical recalls increased 6 percent over the previous quarter to 86. More jarring, the volume of recalled drug units circulating in homes and store shelves climbed 444 percent over the previous quarter, making it the most active quarter since Q4 2014.

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