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February 11, 2013
08:53 EDTPHParker-Hannifin formalizes collaboration agreement with Shepherd Center
Parker Hannifin announced that it has formalized an agreement with Shepherd Center to support the commercialization of Parker's exoskeleton device Indego, which is planned for release in 2014. Under the general terms of the agreement, Shepherd Center will function as the lead rehabilitation center for clinical testing of the device. Shepherd Center will develop clinical protocols for use of the device, train clinicians at other rehabilitation centers where the device will be used, and monitor clinical trials. Also, the agreement includes collaboration between Parker and Shepherd Center to market the device subsequent to regulatory approval.
News For PH From The Last 14 Days
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December 4, 2014
07:13 EDTPHParker Aerospace signs long-term agreement with Singapore Airlines
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December 3, 2014
11:01 EDTPHFAA proposes $160K civil penalty against Parker-Hannifin
The U.S. Department of Transportationís Federal Aviation Administration is proposing a $160,500 civil penalty against the Parker Hannifin Corp. of Irvine, Calif., for allegedly violating drug and alcohol testing regulations. The FAA alleges the aircraft repair station hired two people for safety-sensitive positions before conducting pre-employment drug tests and receiving verified negative test results. Additionally, the company transferred an employee into a safety-sensitive position before conducting such a test and receiving a negative result, the FAA alleges. Parker Hannifin has until late December to respond to the allegations.

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