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MEDRAD - B. Braun: Co-marketing & Trademark License Agreement
| Company News - MEDRAD |
MEDRAD , Inc. enters into a co-marketing and trademark license agreement with B. Braun Melsungen AG to promote the Paccocath technology, a unique and clinically tested technology.
MEDRAD , Inc. has entered into a co-marketing and trademark license agreement with B. Braun Melsungen AG to promote the Paccocath technology, a unique and clinically tested technology used to treat blocked vessels without stenting. The Paccocath technology has been shown in multiple clinical trials to keep the artery open wider (reduce late lumen loss) over time in patients with Peripheral Arterial Disease and Coronary Artery Disease (CAD).
The Paccocath technology will be used in both MEDRAD 's and B. Braun's drug-eluting balloons. Under the agreement, B. Braun is permitted to use the Paccocath trademark in connection with promotion and marketing of its drug eluting balloon products. Both companies will also feature the Paccocath technology at various tradeshows, sponsored educational seminars and symposia, and on respective informational websites.
The Paccocath technology is a proprietary drug matrix applied to the balloon of an angioplasty catheter. The matrix consists of paclitaxel, which has long been used in drug-eluting stents to treat cardiovascular disease, and a radiologic contrast agent, Ultravist 370. When the balloon is inflated to dilate the narrowed vessel, paclitaxel is delivered directly to the diseased area. The unique formula facilitates delivery of the paclitaxel to the surrounding tissue. Clinical results to date (including the THUNDER(1), PEPCAD(2), ISR(3), and FEMPAC(4) trials) show that using the Paccocath technology during an interventional procedure keeps coronary and peripheral vessels open wider over time compared to standard therapies(5).
Source: MEDRAD
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