FDA panel: Approve Medtronic stent

Medtronic's new drug-coated stent may soon turn the Boston Scientific-Johnson & Johnson rivalry into a three-way battle for market share. The Minneapolis-based company got an FDA panel's recommendation yesterday, clearing the way for a final agency approval to market its Endeavor stent, perhaps by year's end.

At the advisory committee meeting, Medtronic presented data that showed its Endeavor stent to be less prone to clots than Taxus (Boston Scientific) or Cypher (J&J). It's this clotting problem that has depressed sales of the coated stents by almost a third this year. But the Medtronic data was based on a fairly short-term study, so long-term differences remain to be seen.

Meanwhile, Abbott Laboratories is waiting in the wings with its Xience stent, with hopes of an FDA approval during the first half of next year. Boston Scientific is Abbott's marketing partner for the product.

- check out Medtronic's release
- read the New York Times article

Related Articles:
Study questions Medtronic stent. Report
Medtronic's doc payments draw new fire. Report
Medtronic will settle accusations on kickbacks. Report
Study: Drug coated stents may be safe. Report

Read more on: Medtronic | Stents

Suggested Articles

Merck KGaA has big plans for a site in Switzerland where it intends to knit together biologics development and manufacturing. 

Biocon’s key biosimilars plant in Bengaluru, India, has gotten mixed reviews from the FDA and has now received a Form 483 with five observations.

Eli Lilly and Incyte are investing heavily in JAK inhibitor Olumiant's chances in atopic dermatitis, but does it stand a chance against Dupixent?