The decision to scrap the new drug means that researchers who hoped for a chemical fix for heart disease will have to keep looking.

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Instead, he thinks the technology will be used to help create a patch to fix part of the heart.

CNN: New hope may lie in lab-created heart

The idea was that Elliott, who had won plaudits as the head of orthopedic joint maker Zimmer Holdings, could fix up a company whose main businesses in heart stents and implanted defibrillators, used to prevent sudden cardiac death, were running into significant road blocks.

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