Domain Invest

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Tuesday, 13 November 2007

Disappearing Act

Posted on 11:00 by Unknown
As we noted yesterday, the scientific opinion pendulum may be swinging back in the direction of drug-eluting stents, but venture capitalists continue to look for a better way.

Witness the €5.5 million ($7.8 million) second round raised by Arterial Remodeling Technologies. Founded in 2002, the French company intends to use the capital to pursue CE Mark clearance for its experimental biosresorbable stents. No doubt, this field is crowded. Heck, we’ve profiled a number of companies in this area here, here and here, and all will be seeking funding at one point or another.

Oh and the profile for ART can be found here.

But ART’s approach seems fairly unique. Rather than developing a stent that is dissolved into the body after performing two functions: propping open the vessel and delivering anti-inflammatory drugs to prevent restenosis, ART’s stents—like their bare metal ancestors—won’t carry any drugs. The novel polymer from which the stents are built is both hemocompatible and biocompatible so they've caused minimal inflammation in preclinical studies involving rabbits and pigs.



“Every time you can go with a biological healing process you are in a much better position,” founder & CEO (and investor) Patrick Sabaria told us earlier this year. Sabaria, by the way, is also the former Vice President, Europe, for J&J Interventional Systems, where he introduced the world’s first approved-for-marketing coronary stent.

By our reckoning, Theracardia Inc., another start-up in this area, may be the only other start-up taking a similar approach. Find that profile here.

In this day of heightened concerns over the use of drugs and devices, ART, Theracardia and other efforts to develop stents that neither elute a drug nor leave behind a stent will be worth watching.
Email ThisBlogThis!Share to XShare to Facebook
Posted in medical devices, venture capital | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • Take the Money…or Let it Roll?
    In his talk introducing the top-10 most licensable oncology drugs at the Therapeutic Alliances conference last Friday, Ben Bonifant of Campb...
  • $80 million upfront? About Average
    So Synta’s PR firm were pushing today’s deal with GlaxoSmithKline at us as “one of the biggest product deals this year” and indeed “among t...
  • Beijing Boost for Japanese Encephalitis Vaccine
    China has been preparing feverishly for the Beijing Olympics for years to showcase its new world position and economic power. China's co...
  • Reporting on Exubera: an A-Buse
    Many analysts have questioned the potential of Pfizer’s inhaled insulin, Exubera . Nonetheless, it was more than surprising to see the comme...
  • The Best Defense Is a Good Offense, Or Something Like That
    Merck and Schering-Plough put out a release a few minutes ago responding to critics of ENHANCE and the trial results' fallout: WHITEHOU...
  • Public Confidence in Drug Safety: Solution is in "Plane" Sight
    Active surveillance and data mining are scary, right? It is common wisdom that these tools in the hands of academics, health plans and regul...
  • Addex Ups Dealmaking Ante
    Addex Pharma today took a step up the dealmaking ladder , partnering its pre-IND positive allosteric modulator ADX63365 and back-up compound...
  • Pfizer UK Gets “Closer to Customers”
    “Increased patient safety” drove Pfizer’s recent deal with UK wholesaler Alliance UniChem, according to the partners. But no one’s buying th...
  • Another Look at Asia
    As a small follow up to our post last week on Sofinnova Partners' hiring an Asia-focused professional, VentureWire Lifescience reported...
  • Deals of the Week: "King of Pain" Edition
    Admittedly, it's been a quiet week for biz dev in pharma land. The big news has been clinical. On the positive side, the diabetes triumv...

Categories

  • Abbott
  • activist shareholders
  • ADHD
  • advisory committees
  • alliances
  • Alnylam
  • Alzheimer's disease
  • Amgen
  • Andrew von Eschenbach
  • Andrew Witty
  • Astellas
  • AstraZeneca
  • Avandia
  • Avastin
  • Barack Obama
  • Barr
  • Bayer
  • Big Pharma
  • BIO
  • Biogen Idec
  • biologics
  • biosimilars
  • blogging
  • BMS
  • Boston Scientific
  • brand names
  • business development
  • business models
  • cancer vaccines
  • Carl Icahn
  • CBO
  • CDER
  • Celgene
  • Cephalon
  • China
  • clinical development
  • CMS
  • co-promotes
  • comparative effectiveness
  • conference
  • Congress
  • consumer genomics
  • corporate culture
  • corporate governance
  • corporate venture capital
  • CVS Caremark
  • Cytyc
  • David Kessler
  • deals of the week
  • debt financing
  • Diabetes
  • diagnostics
  • Dick Clark
  • drug approvals
  • drug delivery
  • drug discovery
  • drug eluting stents
  • Drug Pricing
  • drug safety
  • drug samples
  • DTC Advertising
  • e-health
  • Eisai
  • Elan
  • Eli Lilly
  • Emphasys
  • emphysema
  • Endo
  • epo
  • Euro-Biotech Forum
  • Exits
  • Exubera
  • FDA
  • FDA/CMS Summit
  • FDAAA
  • Film and TV
  • financing
  • FOBs
  • Forest Labs
  • Galvus
  • gene therapy
  • Genentech
  • General Electric
  • generics
  • Genzyme
  • Gleevec
  • Google
  • GSK
  • Guidant
  • haircuts
  • Happy Holidays
  • HCV
  • Headhunting
  • Health Care Reform
  • hedge funds
  • Henry Waxman
  • hGH
  • HHS
  • Hillary Clinton
  • Hologic
  • hostile takeovers
  • hypertension
  • ImClone
  • IMS Health
  • In vitro diagnostics
  • In3
  • India
  • insomnia
  • instrumentation
  • insulin
  • Inverness
  • IP
  • IPO
  • IPO pricing
  • Isis Pharmaceuticals
  • Israel
  • IT
  • JAMA
  • Januvia
  • Japan
  • John McCain
  • Johnson and Johnson
  • JP Morgan
  • LaMattina
  • lawsuits
  • layoffs
  • legislation
  • Life-Cycle Management
  • Lipitor
  • Lucentis
  • management succession
  • Mark McClellan
  • marketing
  • Martin Mackay
  • medical devices
  • Medicare
  • Medicare Part D
  • Medimmune
  • Medtech Insight
  • Medtronic
  • Merck
  • Merck-Serono
  • mergers and acquisitions
  • Michael McCaughan
  • Millennium
  • mmm beer
  • MRI
  • multiple sclerosis
  • music
  • nanotechnology
  • NEJM
  • new drug approvals
  • new funds
  • NICE
  • NicOx
  • NIH
  • Nobel Prize
  • Novartis
  • Novo Nordisk
  • Nycomed
  • off-label promotion
  • oncology
  • ophthalmology
  • Orthopedics
  • osteoporosis
  • OTC drugs
  • Out-Partnering
  • Oxycontin
  • pain
  • Part D
  • Patient Advocacy
  • PDUFA
  • personalized medicine
  • Pfizer
  • pharmacy benefits
  • PhRMA
  • politics
  • poll results
  • PR
  • prasugrel
  • Presidential Election
  • Press Release of the Week
  • Primary Care
  • private equity
  • Procter and Gamble
  • PSA
  • Purdue Pharma
  • rare diseases
  • reimbursement
  • research and development productivity
  • research and development strategies
  • reverse mergers
  • rimonabant
  • RiskMAP
  • RNAi
  • Roche
  • Roger Longman
  • royalties
  • sales forces
  • Sanofi-aventis
  • Schering-Plough
  • Science Matters
  • Sepracor
  • shameless self-promotion
  • share buybacks
  • Shire
  • Sirtris
  • Smith and Nephew
  • Solvay
  • SPACs
  • spec pharma
  • spin-outs
  • sports
  • Start-Up
  • statins
  • Steve Nissen
  • Stryker
  • Supreme Court
  • Takeda
  • Teva
  • Thanksgiving
  • The RPM Report
  • UCB
  • vaccines
  • Velcade
  • Ventana
  • venture capital
  • venture debt
  • Venture Round
  • Vertex
  • Vioxx
  • Vytorin
  • Wacky World of Generics
  • While You Were ...
  • Wyeth
  • Zetia
  • Zimmer
  • ZymoGenetics

Blog Archive

  • ►  2008 (76)
    • ►  February (25)
    • ►  January (51)
  • ▼  2007 (329)
    • ►  December (32)
    • ▼  November (42)
      • Prasugrel: Lilly Tries to Stop the Bleeding (Part 1)
      • Deals of the Week: For Sale By Owner
      • Has Forest Found a Successful NDA Path?
      • Sanofi Aventis Walks the Talk
      • Sirtris Strikes Again
      • Emergent Emerges
      • DTC User Fees Clear First Hurdle; New Era for Adve...
      • Frazier Joins $600m Club
      • The Values Debate: How Much is Your Drug Worth?
      • While You Were Giving Thanks
      • Quite A Set of Lung (Companies)
      • Uncertainty Surrounds FDAAA Implementation
      • Deals of the Week: The Alice's Restaurant Edition ...
      • What's Next for Celgene?
      • Who Needs VCs?
      • Pharmion’s Euro Bet Pays Off
      • DTC User Fees: Will This Program Fly?
      • Delivery Delays
      • While You Were Acquiring
      • Venture Rounds: You Stay Classy, San Diego
      • Deals of the Week: The Break Up to Make Up Edition
      • Why Genzyme's Unlikely to be the Next Target
      • Avandia’s Black Box: FDA Office of New Drugs Wins
      • Where's the Love?
      • Why Doesn't Pharma Hire from Biotech?
      • Dicerna Announces Series A, Nastech Announces Spin...
      • Ventana Plays Ball
      • Disappearing Act
      • Co-Promotes are Out. Extra Royalties are In
      • While You Were ...
      • EPO Relabeling: Its Not the Black Box, Its What FD...
      • Deals of the Week--the Rerun Edition
      • Biovitrum Sheds PC Assets
      • Shire Steps Up Pressure on Genzyme
      • The Disaggregation Road
      • What Does the FDA Drug Safety Law Mean for Drug De...
      • Horse Sense
      • Momenta: Oh, Sugar!
      • The Expanding Pharmaceutical Desert
      • While You Were at AHA
      • Deals of the Week: "King of Pain" Edition
      • Press Release of the Week: Drug Delivery!
    • ►  October (37)
    • ►  September (33)
    • ►  August (29)
    • ►  July (39)
    • ►  June (39)
    • ►  May (43)
    • ►  April (16)
    • ►  March (13)
    • ►  February (5)
    • ►  January (1)
  • ►  2006 (8)
    • ►  December (3)
    • ►  November (5)
Powered by Blogger.

About Me

Unknown
View my complete profile