Fresenius Medical Care AG & Co. KGaA Reveals FDA Warning Letter

Dialysis giant Fresenius says an FDA warning letter about a plant in Ogden, Utah, isn't likely to have an effect on its sales and earnings guidance. Fresenius (NYSE:FMS) said today that an FDA warning letter sent to its North American division isn't likely to have an impact on its sales and earnings guidance for this year. The German dialysis giant said the U.S. watchdog agency warned it about problems with its design verification and validation procedures at a plant in Ogden, Utah. The FDA letter asserts that Fresenius "did not conduct adequate design verification studies of its electron beam (E-beam) sterilized polysulfone dialyzers" at the Ogden facility and that "the process for design validation of these dialyzers has been incomplete," according to a press release.