FDA OKs Boston Scientific's Eluvia DES; shares up 1% premarket

|About: Boston Scientific Corp... (BSX)|By:, SA News Editor

Boston Scientific (NYSE:BSX) is up 1% premarket on light volume on the heels of its announcement that the FDA has approved its Eluvia Drug-Eluting Vascular Stent System that it developed specifically to treat peripheral artery disease.

The device uses a drug-polymer combination to provided sustained release of paclitaxel over a one-year period to prevent tissue regrowth that could block the stented artery.

Previously: Boston Scientific's Eluvia DES beats Cook's Zilver PTX in head-to-head study (Sept. 23)

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