Thursday, 15 December 2016

Pharma recall trends 2016

In 2016, pharmaceutical recalls went up in Q2—though, it was down compared to historical trends in 2004, according to Stericycle ExpertSOLUTIONS’ quarterly Recall Index.

“The Recall Index is a quarterly analysis of the ‘what’ and ‘why’ behind recall activity in the U.S.,” said Michael Good, Vice President, Stericycle ExpertSOLUTIONS. Focusing on five industries—pharmaceuticals, automotive, consumer products, medical devices, and food and beverage—the Recall Index compiles data from all of the major U.S. government agencies that order product recalls.

Revealing recall trends across numerous verticals and sectors, the Recall Index also found that 66 percent of recalled pharmaceutical units in Q2 were Class II and the average event size was approximately 110,000 units. Compared to 2014—where the average number of units per recall numbered just shy of 350,000—in Q1 and Q2 of 2016, the number of units per recall was only 82,549.

Posted by Dr. Tim Sandle

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