Halyard denies ‘60 Minutes’ allegations it sold defective Ebola protection

Halyard Health Inc. on Monday denied allegations in a “60 Minutes” report that the medical products and devices maker deliberately sold defective protective equipment to health-care workers following the recent Ebola outbreak.

On Friday, shares
 fell 11% to $28.16 after a preview of the “60 Minutes” report was published online.

Halyard Health, which was spun off from Kimberly-Clark Corp. in 2014, reiterated Monday that its Microcool gowns have received fewer than one complaint for every million gowns sold and that it hasn’t heard of a health-care professional being infected as a result of a flaw in its product.

Halyard Health added that the “60 Minutes” report, which aired Sunday on CBS, was based in part on a test conducted by a competitor in 2012, which the company called an “outlier.” The results showed that 77% of its Microcool gowns had failed testing.

The gowns account for about 3% of Halyard Health’s global sales, the company said Monday.

An expanded version of this report appears at WSJ.com.

View more information: https://www.marketwatch.com/story/halyard-denies-60-minutes-allegations-it-sold-defective-ebola-protection-2016-05-02-1010306

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