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Product Licensing

Licensing agreement signed for drug delivery technology for drug eluting stents

Published in Gene Therapy Weekly, August 18th, 2005

Kenneth Carpenter, president and CEO of MediVas LLC, and Dr. Marc Lussier, chief executive officer of Estracure, Inc., (DUVT, DUVT.ETR) announced the signing of an agreement for the exclusive use of the MediVas PEA drug delivery technology in conjunction with Estracure's core technology to develop a 17-(beta)-Estradiol drug-eluting stent (DES) to treat patients suffering from coronary heart diseases.

The development of drug eluting stents has grown rapidly since DES became the standard of care for treating coronary blockages in the U.S. and in Europe. Latest clinical research findings indicate that DES reduce the need for repeat percutaneous transluminal coronary...

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