In a recent series of deals, Guidant Corp. looked both to make-up lost ground in the drug-eluting stent (DES) race and leap-frog ahead to the next-next big thing in stents by creating a separate business unit dedicated to developing a bioabsorbable stent.
Most industry estimates place Guidant roughly two years behind Johnson & Johnson and Boston Scientific Corp. in its effort to bring a drug-eluting stent to market. Both companies...
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