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Author: tennjed33 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 448  
Subject: Stent review news Date: 3/13/2003 9:57 AM
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Boston Scientific's new stent may get priority review

Boston Scientific Corp. (NYSE:BSX - News) said on Thursday its experimental device for preventing re-clogging of arteries would likely be reviewed more quickly than normal by U.S. regulators.


Boston Scientific said the U.S. Food and Drug Administration (News - Websites) will review the company's Taxus stent before it reviews pending applications on other drugs and devices.


Johnson & Johnson (NYSE:JNJ - News) is already marketing it drug-coated stent, called Cypher, in Europe and is awaiting U.S. approval.

Boston Scientific has said it expects sales to jump to $5.4 billion in 2004 from a projected $3.4 billion in 2003 as its drug-coated stent becomes widely used. Taxus is already approved in Europe.
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