New Class of Drug-Eluted Stents on the Horizon

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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by H.S. Ayoub
BioHealth Investor.com

There have been many debates over the last couple of years as to the varying degree of blood clotting events associated with the use of drug-eluted cardiac stents. In the U.S. there are only two such stents on the market; Taxus by Boston Scientific (BSX), and Cypher by Johnson & Johnson (JNJ)

These stents are superior to the older metal-only stents in that the drug released by the polymer is aimed at preventing the vascular vessel from reclogging. But recent research suggests that one or more components of these stents are causing inflammation and thrombosis in some patients. Research has yet to point out the culprit; the stent itself, the polymer, or the drug.

Recently, the FDA and other organizations have concluded that while thrombosis does occur from the use of these stents, the risk is small enough to allow its continued use.

The debates however have motivated various companies, including JNJ and Boston Scientific, to bring to the market a new class of drug-eluted stent that minimizes the degree or incidence of clotting in patients.

Endeavor, which is developed by Medtronic (MDT), could be the first on the U.S. market as the company filed with the FDA back in November, and could receive approval in the second half of 2007. Endeavor uses a type of polymer that research has shown to reduce inflammation and induce healing of tissue.

Abbot Laboratories (ABT) has filed for FDA approval of Xience. This stent uses a very thin film of polymer that could cause less inflammation. The stent could receive marketing approval in the U.S. by early next year.

Johnson & Johnson acquired Conor Medsystems recently to get its hands on CoStar, a new stent that reduces inflammation by reducing the contact time of the polymer and drug with the artery. The polyer and the drug dissolve within six months, leaving the bare metal stent.

All three stents, the Endeavor, Xience, and CoStar are already on the market in select international nations.

Boston Scientific’s next generation stent, Taxus Liberte, uses the same polymer and drug as the original Taxus, but is designed to be thinner, and could produce less irritation and inflammation. The approval of Taxus Liberte is on hold however, until the FDA lifts a warning letter it attached to the stent’s submission papers. The company hopes the letter is lifted soon as investors and Wall Street have pounded the stock, losing half of its value in just two years.

Biosensors International’s BioMatrix is expected to receive marketing approval from the Eropean Union soon, and enter U.S. trials possibly later this year. The stent uses a polymer that also dissovles over time, and a new, safer drug.

Researchers and doctors are excited about the promise of this new class of stents, but caution that more data is needed. Medtronic is the only company that has a large data set on its stent, comprising 1300 patients over two years. By contrast, Abbott has a two year study on 27 patients, and data for one year on 300 patients.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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