Boston Scientific’s “sticky balloons”
This article was originally published in The Gray Sheet
Executive Summary
CFO Larry Best characterizes as "a very small issue" reports that catheter balloons are sticking or not deflating during removal afterTaxus drug-eluting stent deployment (1"The Gray Sheet" May 10, 2004, In Brief). "With every launch, there are situations reported where the device did not work as well as expected. We have had [a] very, very small occurrence of what we call 'sticky balloons.'" Speaking at the Banc of America Securities Health Care Conference in Las Vegas May 19, Best added that "why it occurs, to be honest with you, we do not know." Taxus generated $78 mil. in U.S. sales during the 10 working days from May 1-14, accounting for over 70% of U.S. DES sales, the firm claims...