Endosonics continuesto expand its stable of joint product development partners, thistime with angioplasty catheter company Scimed Life Systems ofMaple Grove, MN. The companies have formed a corporate alliancein which Scimed has purchased a minority
Endosonics continuesto expand its stable of joint product development partners, thistime with angioplasty catheter company Scimed Life Systems ofMaple Grove, MN. The companies have formed a corporate alliancein which Scimed has purchased a minority interest in Endosonicssubsidiary Cardiovascular Dynamics (CVD) and will license anddevelop CVD's balloon angioplasty drug-delivery technology.
The agreement is another sign of the realignment occurringin the interventional industry in the wake of Boston Scientific'spurchase of IV ultrasound firm Cardiovascular Imaging Systems(SCAN 9/14/94). Scimed and CVIS once collaborated in the developmentof an ultrasound imaging guidewire product for coronary and peripheralvascular applications, but the two firms broke off their relationshiplast year (SCAN 5/8/93).
In its alliance with Endosonics, Scimed will fund CVD's developmentof balloon angioplasty drug-delivery devices. Scimed also hasexclusive rights to develop and market products for the cardiovascularmarket using CVD's patented technology in exchange for royaltypayments. CVD will retain marketing rights for its technologyin all other markets, such as peripheral vascular and neurovascularapplications.
Endosonics, of Pleasanton, CA, earlier this month announceda global marketing and distribution deal with catheter firm Cordisof Miami Lake, FL, for intracoronary ultrasound products (SCAN9/14/94).
In other Endosonics news, the company last week announced thatCVD received regulatory clearance from the Food and Drug Administrationto market its Periflow peripheral balloon angioplasty-infusioncatheter. Periflow is capable of performing percutaneous transluminalangioplasty as well as infusing solutions into peripheral vasculature.Endosonics will market Periflow for small-vessel angioplasty applicationsand for delivering angiographic contrast media to remote locationsin vascular anatomy. Limited shipments of Periflow will beginlate this year.
Stay at the forefront of radiology with the Diagnostic Imaging newsletter, delivering the latest news, clinical insights, and imaging advancements for today’s radiologists.
Study Shows Enhanced Diagnosis of Coronary Artery Stenosis with Photon-Counting CTA
July 10th 2025In a new study comparing standard resolution and ultra-high resolution modes for patients undergoing coronary CTA with photon-counting detector CT, researchers found that segment-level sensitivity and accuracy rates for diagnosing coronary artery stenosis were consistently > 89.6 percent.
FDA Expands Approval of MRI-Guided Ultrasound Treatment for Patients with Parkinson’s Disease
July 9th 2025For patients with advanced Parkinson’s disease, the expanded FDA approval of the Exablate Neuro platform allows for the use of MRI-guided focused ultrasound in performing staged bilateral pallidothalamic tractotomy.