Telectronics U.S. shipment freeze affects 30% of total product volume, firm says.
This article was originally published in The Gray Sheet
Executive Summary
TELECTRONICS U.S. SHIPMENT FREEZE AFFECTS 30% OF WORLDWIDE PRODUCT VOLUME, according to the company. Telectronics, which is required to suspend all device shipments to U.S. customers under a May 19 consent decree with FDA, says that about 70% of its products are sold outside the U.S., primarily in Europe.
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