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Angiotech Pharmaceuticals announces FDA approval of TAXUS(R) Libert (R) Long Stent

Published in Health Business Week, July 31st, 2009

Angiotech Pharmaceuticals, Inc. (NASDAQ:ANPI)(NASDAQ:TSX:)(NASDAQ:ANP) announced that its corporate partner, Boston Scientific Corporation (NYSE:BSX) has received approval from the U.S. Food and Drug Administration (FDA) to market its TAXUS(R) Libert (R) Long Paclitaxel-Eluting Coronary Stent System, a next-generation drug-eluting stent (DES) designed for long lesions. At 38 mm, it is the longest available DES, providing doctors an option that can potentially reduce the number of stents used in more complex cases, simplifying procedures and reducing costs. It affords a more efficient treatment option for the estimated 8 to 10 percent(1) of patients with long lesions. Boston Scientific...

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