Terumo and Arterial Remodeling Technologies (ART) announce that, on May 20, 2015, Dr Renu Virmani, internationally renowned cardiovascular pathologist at CVPath Institute, USA, presented promising pre-clinical data on Terumo's next generation drug eluting bioresorbable scaffold for the treatment of coronary artery disease.
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"We are particularly satisfied with the well balanced drug effect of the drug eluting bioresorbable scaffold, while preserving the competitive bioresorbable properties of the ART scaffold of early programmed dismantling and complete resorption" said Machiel van der Leest, CEO of ART.
This presentation, made at the ART symposium at the EuroPCR Bioresorbable polymer scaffolds: towards routine practice in PCI on Wednesday May 20, 2015, validates the strong progress of the co-development between the two companies.
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Editor's notes
About Terumo
Tokyo-based Terumo Corporation is one of the world's leading medical device manufacturers with $4.6 billion in sales and operations in more than 160 nations. Founded in 1921, the company develops, manufactures, and distributes world-class medical devices including products for use in cardiovascular surgery, interventional procedures, and transfusion medicine; the company also manufactures a broad array of drug delivery/injection devices to healthcare providers and pharmaceutical firms. Terumo Corporation's shares are listed on the first section of the Tokyo Stock Exchange.
About ART
Arterial Remodeling Technologies (www.art-stent.com), a privately-held European company, is developing bioresorbable polymer scaffolds that promote the natural remodeling of an injured artery. The Company's technology is based on intellectual property originating from three esteemed institutions: Cleveland Clinic; French national research institute (CNRS); and Descartes University, Paris. Its investors include Bpifrance, Idinvest Partners, Turenne Capital Partners, Matignon Investissement et Gestion, Vesale Partners and Amundi Asset Management.
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Contacts:
ART:
Dr Sophie Humbert,
+33 (0)6 12 25 49 09
Chief Operating Officer, ART
email: sophie.humbert@art-stent.com
