Honeywell AI-Assisted Recall Software Helps Life Sciences Manufacturers Reduce Recall Impact and Further Improve Patient Safety

HOUSTON, May 14, 2025 – Honeywell (NASDAQ: HON) today introduced TrackWise Recall Management, a cloud-based artificial intelligence (AI)-assisted platform that redefines how life sciences manufacturers proactively manage product recalls in order to improve patient safety and minimize business impact of these events.

In the first quarter of 2024, medical device and pharmaceutical recalls increased by 13.8% quarter-over-quarter to 296 recalls, impacting countless patients who rely on high quality, life-saving products daily.ⁱ These recall events can cause financial and reputational implications for life sciences companies if not solved in a timely manner. To help manufacturers effectively navigate recalls, TrackWise Recall Management is designed to enable organizations to quickly address and manage recalls from first signal through final resolution, transforming the process with streamlined protective measures for companies and their patients.

TrackWise Recall Management can significantly reduce recall impact by more accurately bounding the recall of affected batches. It can also reduce execution time from weeks to minutes by replacing manual spreadsheets with automated workflows, helping to reduce downtime traditionally caused by these large-scale events. By integrating data across systems and departments, the platform enables manufacturers to leverage real-time monitoring of regulatory compliance and helps them to streamline communications among stakeholders during crucial moments of decision-making.

“Honeywell’s innovative TrackWise platform continues to evolve to better serve the heavily regulated life sciences industry and its critical need to safely manufacture and distribute life-changing products,” said Pramesh Maheshwari, President of Honeywell Process Solutions. “Our new recall management system leverages advanced automation to not only enhance compliance but also ensure that patient and consumer safety remains at the forefront of our partners’ operations.”

TrackWise Recall Management combines flexible signal detection, decision and execution capabilities with regulatory reporting that can be adapted to meet the specific needs of each manufacturer. The solution integrates with existing systems to enable real-time visibility across product suites to help life sciences organizations make informed, data-driven recall decisions that put patient safety first.

For more information on TrackWise Recall Management and Honeywell’s automation solutions for the life sciences industry, please visit TrackWise.com.

About Honeywell

Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

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