Recall Of Valiant Navion Could Cost Medtronic $40M

The company ordered the recall after three stent fractures and a death occurred in an 89-participant clinical trial.

Valiant Navion Delivery System
The Valiant Navion thoracic stent graft system • Source: Medtronic

Medtronic PLC’s voluntary recall of its Valiant Navion thoracic stent graft system could cost the company up to $40m this quarter, execs estimated in a 23 February earnings call.

The recall, announced on 17 February, was spurred on by the death of a clinical trial participant, as well as other adverse or unexpected events

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