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Cordis forms stent alliance with Guidant.

Publication: BIOTECH Patent News
Publication Date: 01-MAR-04
Format: Online - approximately 885 words
Delivery: Immediate Online Access

Article Excerpt
Cordis Corporation (Miami, FL), a Johnson & Johnson (New Brunswick, NJ) company, announced it has entered into a strategic alliance with Guidant Corporation for the co-promotion of drug-eluting stents and the advancement of new technology in coronary stent delivery systems. Additionally, the...

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...agreement provides Cordis an opportunity to participate with Guidant in the promising future platform of bioabsorbable vascular stents.

Sales and marketing resources of both companies will join forces to focus on promoting the CYPHER Sirolimus-eluting Coronary Stent in the United States, with an option to pursue a similar arrangement in Japan in the future.

Cordis will obtain access to Guidant's current and next generation technologies for delivery of coronary stents. Guidant and Cordis will immediately initiate development and regulatory plans for a CYPHER Stent that utilizes Guidant's Multi-Link Vision...

NOTE: All illustrations and photos have been removed from this article.



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