Halyard Health Denies '60 Minutes' Allegations
May 02 2016 - 8:30AM
Dow Jones News
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.
The company's stock slipped 0.9% to $27.90 in premarket trading.
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.
A CBS representative was unavailable for immediate comment. The
gowns account for about 3% of Halyard Health's global sales, the
company said Monday.
Since 2014, West Africa has experienced what the U.S. Center for
Disease Control calls the largest-ever outbreak of Ebola.
Write to Joshua Jamerson at joshua.jamerson@wsj.com
(END) Dow Jones Newswires
May 02, 2016 09:15 ET (13:15 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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