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Cordis/NeoRx

This article was originally published in The Gray Sheet

Executive Summary

Reach exclusive worldwide agreement for use of Cordis' micro- infusion catheter (MIC) to deliver NeoRx's Biostent anti- restenosis drug following balloon angioplasty. Cordis will manufacture the MICs and supply them to NeoRx for use in clinical trials and, eventually, for marketing of a combined MIC/Biostent product. Biostent, still in development, is intended to prevent vascular remodeling
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