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Published on FiercePharma (http://www.fiercepharma.com)

Stent-makers get more bad news

By admin
Created Aug 28 2007 - 6:59am

Go ahead, kick them while they're down [1]. Britain's National Health Service may stop paying for drug-coated stents, products that already are suffering from safety-related fears. The National Institute for Health and Clinical Excellence (NICE) will meet next week to review the proposal, which cites the huge difference in price between drug-coated stents ($2,300) and the uncoated versions ($700). British cardiologists are fighting the measure, saying that drug-coated stents are still the best option for some patients.

Facing a market that's expected to shrink by $1 billion this year, leading makers of the drug-coated devices--Johnson & Johnson and Boston Scientific [2]--have been retrenching by cutting costs and jobs [3]. A NICE rejection? Insult to injury, especially for the thousands more who might get pink slips. 

- read the report [4] from the Boston Herald

Related Articles:
Tough times for stent market [5]
Congress spotlights J&J stent ops [6]
Decline in drug-coated stent use at cardiac centers [7]
Insurers may cut stent payouts [8]


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http://www.fiercepharma.com/story/stent-makers-get-more-bad-news/2007-08-28