Boston Scientific Corporation (ticker: BSX, exchange: New York Stock Exchange (.N))
News Release -
11-Jan-2007
Boston Scientific Announces First Use of PROMUS(TM) Everolimus-Eluting Stent System Boston Scientific only company to offer two distinct drug-eluting stent
platforms
NATICK, Mass., Jan. 11 /PRNewswire-FirstCall/ -- Boston Scientific
Corporation (NYSE: BSX) today announced the international launch and first
implantation of the PROMUS(TM) Everolimus-Eluting Stent, making Boston
Scientific the only company to offer two distinct drug-eluting stent (DES)
platforms. PROMUS is a private-labeled XIENCE(TM) V Everolimus Eluting
Coronary Stent System manufactured by Abbott and distributed by Boston
Scientific. The PROMUS Stent received CE Mark approval in October 2006 which
allows Boston Scientific to distribute the stent in select countries of the
European Economic Area. It will also be available in selected countries in
Asia, Latin America and Eastern Europe. A U.S. launch is planned for 2008.
Dr. Willibald Maier performed the procedure on December 21, 2006 at
University Hospital in Zurich, Switzerland, marking the first implantation of
the PROMUS Stent.
"I am excited to have been a part of the first use of Boston Scientific's
new drug-eluting stent," said Dr. Maier. "The PROMUS Stent provides patients
a treatment option that offers an Olimus drug on a highly deliverable
platform, and we are pleased to have it available for our patients."
"The addition of the PROMUS Stent gives Boston Scientific the ability to
offer clinicians two highly deliverable options -- our market-leading TAXUS(R)
Paclitaxel-Eluting Stent and PROMUS, our high-potential Everolimus-Eluting
Stent," said Paul LaViolette, Chief Operating Officer of Boston Scientific.
"The PROMUS Stent complements our broad DES portfolio and further reinforces
Boston Scientific's leadership in the DES market, as well as our commitment to
continued innovation."
Positive results for the XIENCE V Stent were reported from the SPIRIT II
clinical trial at the World Congress of Cardiology in Barcelona, Spain,
demonstrating that the XIENCE V Stent met its primary endpoint of non-
inferiority to the TAXUS Stent as measured by late loss at six months. Boston
Scientific's TAXUS Stent System has a record of proven outcomes, including
three million TAXUS Stents implanted in patients worldwide and clinical
follow-up on more than 4,000 patients out to four years.
PROMUS and TAXUS are trademarks of Boston Scientific Corporation or its
affiliates. XIENCE is a trademark of Abbott. The SPIRIT Clinical Program is
sponsored by Abbott. The PROMUS Stent is not approved for sale in the U.S.
Boston Scientific is a worldwide developer, manufacturer and marketer of
medical devises whose products are used in a broad range of interventional
medical specialties. For more information, please visit:
www.bostonscientific.com.
This press release contains forward-looking statements. Boston Scientific
wishes to caution the reader of this press release that actual results may
differ from those discussed in the forward-looking statements and may be
adversely affected by, among other things, risks associated with new product
development and commercialization, clinical trials, intellectual property,
regulatory approvals, competitive offerings, Boston Scientific's over all
business strategy, and other factors described in Boston Scientific's filings
with the Securities and Exchange Commission.
CONTACT: Paul Donovan
508-650-8541 (Office)
508-667-5165 (Mobile)
Media Relations
Boston Scientific Corporation
Dan Brennan
508-650-8538 (Office)
617-459-2703 (Mobile)
Investor Relations
Boston Scientific Corporation
SOURCE Boston Scientific Corporation
-0- 01/11/2007
/CONTACT: Media Relations, Paul Donovan, +1-508-650-8541, or mobile,
+1-508-667-5165, or Investor Relations, Dan Brennan, +1-508-650-8538, or
mobile, +1-617-459-2703, both of Boston Scientific Corporation/
/Web site: http://www.bostonscientific.com/
(BSX)
CO: Boston Scientific Corporation; Abbott
ST: Massachusetts
IN: HEA BIO MTC
SU: PDT
KM-HB
-- CLTH031 --
7227 01/11/2007 08:30 EST http://www.prnewswire.com
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