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Medtronic study to compare stent vs. Abbott's



By AP
12 May 2008 @ 11:31 am ET

MINNEAPOLIS - Medical device maker Medtronic Inc. said Monday it has commenced a global study comparing the company's Endeavor drug-eluting stent against Abbott Laboratory's competing Xience V drug-eluting stent.

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MDT 37.97 -0.45
ABT 50.91 0.48

The first patients were implanted with the device in Europe over the last two weeks.

The trial, called RESOLUTE III, will enroll a total of 2,300 patients.

Although the Endeavor stent won European regulatory approval in October, the coronary stent has yet to be approved in the U.S. Stents are tiny, mesh-wire tubes that prop open arteries after they have been surgically cleared of fatty plaque.

Shares of Medtronic rose 11 cents to $47.90 in morning trading.

Copyright 2009 The Associated Press. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

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