Boston Scientific (BSX): The Stent Business Can’t Get More Confused

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By Douglas A. McIntyre Published
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After reports last week that drug-coated stents posed little risk to heart patients, a new survey shows that  "patients given drug-coated stents after an acute heart attack are nearly five times more likely to die six months to two years later than those with bare metal forms of the arterial scaffolding." So says Reuters. Doctors at the European Society of Cardiology said the finding showed the need to be very selective about giving drug stents to the right patients.

The news agency also makes that point that a Swedish study presented on Sunday, involving 35,000 patients, found no overall increased risk for heart patients between drug and bare stents after four years of follow-up — a reversal of the same researchers’ earlier three-year findings that patients with coated stents were more at risk.

If this sounds confusing, it is because it is, even for doctors.

The two big  drug stent companies, Boston Scientific (BSX) and Johnson & Johnson (JNJ), who have been hammered by medical research attacking the safety of their products disputed the new study, but support the one that makes them look good.

Douglas A. McIntyre

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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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