Conor licenses Novartis technology

Vascular device developer Conor Medsystems reported that it has obtained a worldwide, nonexclusive license from Novartis Pharma for the use of the pharmaceutical pimecrolimus in its stents.

Pimecrolimus is a cell-selective inhibitor of the production and release of pro-inflammatory cytokines. Conor said it expects to begin a clinical trial this year evaluating the therapeutic potential of two stents incorporating pimecrolimus for the treatment of coronary artery disease.

Both stents will utilize the Menlo Park, CA-based company's reservoir-based cobalt chromium drug-eluting stent platform. One stent will be loaded with pimecrolimus, and the other will be a dual-drug stent loaded with both pimecrolimus and paclitaxel, the company said.

By AuntMinnie.com staff writers
March 16, 2006

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Conor Medsystems completes paclitaxel stent trial enrollment, March 25, 2004

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