Life2000 Ventilation System
Search documents
Baxter Issues Recall Notice for Permanent Removal of Life2000 Ventilation
ZACKS· 2025-12-02 14:31
Core Insights - Baxter has issued a recall for its Life2000 Ventilation System due to a serious cybersecurity issue that could potentially lead to serious injury or death if the device is used [1][8][9] - The recall is classified by the FDA as the most serious type, and Baxter has permanently removed the Life2000 from the market [2][4] Product Details - The Life2000 Ventilation System was acquired by Baxter through the purchase of Hillrom in 2021 and is designed to provide mechanical ventilation support for adult patients [3] - The system includes the Life2000 Ventilator and the Life2000 Compressor, intended for use in home or institutional settings, but not for ambulances or air transport [3] Financial Impact - Despite the recall, Baxter's share price has increased by 0.9% since the FDA notice on November 26, likely due to the system's negligible contribution to total sales [4] - Year-to-date, Baxter's stock has declined by 34.6%, contrasting with a 4.9% gain in the industry and an 18.9% rise in the S&P 500 Index [5] Recall Recommendations - Baxter has advised users to stop using the Life2000 ventilators immediately and to discuss alternative therapy options with healthcare providers [10] - Healthcare facilities are also instructed to discontinue the use of all Life2000 ventilators and compressors [10]