OmniSonics Medical Technologies, Inc.
OmniSonics Medical Technologies Announces Licensing and Development Agreement with Boston Scientific
Published in Drug Week, October 3rd, 2008
OmniSonics Medical Technologies, Inc., a developer of advanced medical devices for use in the treatment of vascular disease, announced that it has entered into a licensing and development agreement with Boston Scientific Corporation (NYSE:BSX) for technology to treat thromboembolic acute ischemic stroke. Treatment of this type of stroke represents a significant unmet clinical need, as only 10 percent of the more than 600,000 stroke patients in the United States receive therapy each year.
Under the terms of the agreement, the two companies will work jointly to develop an application of OmniSonics' OmniWave(TM) technology for the treatment of acute ischemic stroke. The...
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Source: Drug Week (2008-10-03)
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