But its medical-device division was struggling because of the plummeting market share in coronary stents.
Both outfits make coronary stents, wire-mesh devices used to keep arteries open, and other medical devices.
It currently rules the market for coronary stents, wire-mesh devices that are used to prop open clogged arteries.
Under this agreement, Boston Scientific and Cook were granted co-exclusive rights to use the drug paclitaxel to coat coronary stents.
There's also good news in the medical devices business, especially in the area of coronary stents, which are used to open closed arteries.
In 1997, Boston Scientific signed an agreement with Cook and Angiotech Pharmaceuticals (nasdaq: ANPI - news - people ), under which Cook and Boston Scientific were granted co-exclusive rights to use paclitaxel to coat coronary stents.
In 1997, Angiotech Pharmaceuticals (nasdaq: ANPI - news - people ) granted Cook and Boston Scientific (nyse: BSX - news - people ) co-exclusive rights to use the drug paclitaxel to coat coronary stents.
Though no one tracks the total number of noninvasive or minimally invasive surgeries across the board, medical device makers say the trend is similar for other types of surgery as well--be it to relieve back pain, implant coronary stents, or shrink the stomachs of very obese people.
They also received two to three times as many pacemakers, implantable defibrillators, cardiac-bypass operations, carotid endarterectomies, and coronary-artery stents.
It should be noted that if you are older, have a history of coronary disease and previously placed cardiac stents (high risk), the coronary CT angiogram would not be an appropriate test as a triage tool in the ER.
Last year, researchers published a study suggesting the device could help prevent small heart attacks that occasionally occur in about 10% of procedures when stents are deployed to prop open diseased coronary arteries.
More complex coronary disease and complex anatomy might require several procedures to achieve the best placement of the stents.
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