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January 26, 2015
Spectranetics Launches Stellarex DCB in Europe
January 27, 2015—Spectranetics Corporation announced the European launch of its Stellarex drug-coated balloon in Europe. The launch follows the completion of Spectranetics’ acquisition of the device from Covidien upon closure of Covidien’s acquisition by Medtronic, Inc.
According to Spectranetics, the paclitaxel-coated Stellarex device with EnduraCoat technology is used to restore and maintain blood flow to the arteries of the leg in patients with peripheral arterial disease. The device received European CE Mark approval in December 2014. The company expects to launch the device in the United States in 2017 after receiving US Food and Drug Administration approval.
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