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Medinol, Cordis in stent distribution pact:

This article was originally published in Clinica

Executive Summary

Israeli stent specialist Medinol has signed a definitive distribution agreement with Johnson & Johnson's interventional vascular technology arm Cordis, for the exclusive global rights to its line of bare metal stents. The companies will work towards filing the initial applications to market the products globally in the second half of 2007, except in the US, where this is expected to take place in the first half of 2008. Cordis, of Miami Lakes, Florida, will acquire the Tel Aviv manufacturer's stainless steel and cobalt chromium stents, designed to provide deliverability, conformability and scaffolding qualities to physicians.

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