K880855 is an FDA 510(k) clearance for the PAREL RARE EARTH MAGNET, I.O.M., INTRAOCULAR MAG. Classified as Magnet, Permanent (product code HPN), Class I - General Controls.
Submitted by Richard James, Inc. (Lynnfield, US). The FDA issued a Cleared decision on April 1, 1988 after a review of 31 days - a notably fast clearance cycle.
This device falls under the Ophthalmic FDA review panel, regulated under 21 CFR 886.4445 - the FDA ophthalmic device framework. The Traditional 510(k) pathway establishes clearance through substantial equivalence to a legally marketed predicate device, without requiring clinical trial data.
Device pattern: Fast-track predicate clearance. Standard predicate reliance. The short review cycle indicates strong predicate alignment - the FDA found sufficient equivalence without extended technical review.
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