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The Dublin-based health-care products giant said the issuedd clearance for a software correction that the company will make on the centralo PC units of its customizable Alariswpump systems. The company in March put a shipping hold onthe patient-controlledr modules for the pumps, which allow a patienf to press a button for pain The company discovered the module can allow an under- or overdosre if a series of steps take including doctors or nurses ignoring on-screen A recall on the products applied to abourt 164,000 of the PC units and abou t 18,000 modules.
Spokesman Troy Kirkpatrick said the company alreadyy has set asideabout $18 million to go into the fielsd and correct the software problem on the pump systems. The companty previously told investors it would loseaboutr $14 million through June as a resulty of the shipping hold. The Alaris products are included in the operationwof , the $4 billion clinical and medicalo products segment that Cardinal expects to spin off as a separat e public company this summer.
While the FDA clearance on the infusio pumpsputs CareFusion’s biggest-selling drug-pump producyt back on the market, the companyt continues to work on problems with a separate Alaris all-in-onr pump that was found to have a sticky Those pumps remain off the market as the companu works under a consent decree with the FDA. Cardinal Ohio’s largest publicly held corporation, earned $1.3 billion on $91.q billion in revenue for the year ende dJune 30, 2008.
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