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FORIMMEDIATERELEASE FirstStericycleRecallIndexcapturescomprehensiveviewofRecallTrendsinCanada Stericycle’sCanadiandataoffersinsightsintothepastyear Toronto,ON–May4,2017–StericycleCanadaannouncedtodaythereleaseoftheirfirst-everCanadian RecallIndex.ThisindexisaCanadianversionofthewell-knownU.S.RecallIndex,whichStericycle ExpertSOLUTIONS™hasreleasedannuallyforthepastfiveyears.TheindexoutlinesCanadianrecall trendsandprovidesinsightsintothe2016Canadianrecallsintheconsumer,foodandbeverage,and healthindustries. TheinauguralCanadianindexhighlightshowtherapidpaceofinnovation,whichbringsmoreadvanced productstomarketeachyear,hasincreasedtherateofrecalls.Technicalinnovationisalsoseenasa contributingfactortohigherrecallvolumesinsomeareasduetotechnology’simprovedabilitytodetect errorsand/orcontamination. Theindexrevealsthatoverallproductrecallshavebeenonthedeclinesince2014.However,consumer productrecallshaveincreasedsignificantlyin2016,withthehighestnumberofrecallsinthepastthree years.Children’sproductsledasthelargestconsumerproductrecallcategory,thesecondtimethis categoryhasledsince2014. Thefoodandbeverageindustryhadexperiencedasharpdecreaseinrecallsinpreviousyears,though hadaslightincreasein2016.Nearlyhalfofallfoodandbeveragerecallswereduetoallergens,witha majoritystemmingfromeggsanddairy.Thesecondlargestcategoryoffoodandbeveragerecallsis microbiological,duetonewhealthsafetytechnologiesthatmakedetectingbacteriaeasier. Healthproductsexperiencedaslightdeclineinrecallsoverthepasttwoyears.Theleaderinthis categorycontinuestobemedicaldevices,makingupover80percentofallhealthproductrecalls.Of concernisthemoderateincreaseindrugrecalls(thesecondmostcommonhealthproductrecall). “Asthe2016dataillustrates,theCanadianmarketisnotimmunetothetrendofmultinationalproduct recalls,whichhaveimpactedmoreconsumersthaninpreviousyears,”saidAlexTamburini,Senior NationalDirector,StericycleExpertSOLUTIONS.“Onaverage,one-thirdofallrecallsimpactboththeU.S. andCanada,requiringmultinationalcompaniestodevelopaNorthAmericanstrategytomanagethe situation.We’realsoseeingamoreheightenedsenseofresponsibilityfromsmall-tomid-sized companiestopreventconsumerinjuryandminimizecommercialimpact.” ToviewtheentireCanadianRecallIndex,pleasevisithere. AbouttheStericycleCanadianRecallIndex Stericycle’sCanadianRecallIndexanalyzesdatafromtheGovernmentofCanada’sHealthyCanadians website,whichconsolidatesrecallsandadvisoriesissuedbythreegovernmentagencies:HealthCanada, theCanadianFoodInspectionAgencyandTransportCanada.Stericyclethenpresentstheirfindings acrossthreeproductcategories:consumerproducts,food&beverage,andhealthproducts.TheRecall Indexworkstohelpmanufacturersandotherindustrystakeholdersnavigatetheregulatory environmentandidentifytrends. AboutStericycleExpertSOLUTIONS™ StericycleInc.isaNASDAQ-listedglobalbusiness-to-businessservicescompanywhichprovideshighly specializedsolutionstohealthcareandcommercialbusinessesofallsizes.Foundedin1989,Stericycle Inc.hasgrowntobecomealeaderacrossarangeofcomplexandhighlyregulatedmarketsectorsand operatesin650locationsin22countries.StericycleExpertSOLUTIONS™istheindustryleaderin managingautomotive,consumerproduct,pharmaceutical,medicaldevice,juvenileproduct,andfood andbeveragerecalls.ExpertSOLUTIONSstreamlinestheentireproductrecallprocessandmanages Notification&Response,Processing&Tracking,andCompliance&Reportingforleadingglobal companies.Formoreinformation,visitwww.stericycle.ca -30- Formoreinformation: LaurenPoplak NATIONALPublicRelations(forShred-it) T:416-848-1378 E:[email protected] AlbertLee Director,PR&Communications,Shred-it T:905-491-2250 E:[email protected]
