Cook predicts blockbuster with new stent

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Bloomington-based Cook Medical has won European approval for a new artery-opening device for the legs that it predicts
will be a blockbuster.   
 
The device, called the Zilver PTX, is a flexible metal stent that
holds open collapsed arteries and is coated with a drug to prevent the artery from growing shut again. It is the first drug-coated
stent designed for legs approved in the world.

Clinical trials using the device showed that it improved two-year
success rates from 70 percent (using stents with no drug coating) to 87 percent. The device, implanted using a minimally invasive
catheter, has even better success rates than open surgery.

"This is really emerging as best in class,"
said Rob Lyles, vice president of the peripheral intervention unit of Cook Medical. "That’s why this has the potential
to be such a blockbuster for us."

Cook estimates that the Zilver PTX could help it grab 50 percent of the
European market, which is about $200 million a year. Cook also hopes to win U.S. approval, where the annual market tops $3
billion.

Collapsing of a leg artery, known as peripheral artery disease, affects 27 million people in Europe and
North America.

The worldwide market for leg stents is projected to triple in the next seven years, Lyles said,
right along with the incidence of diabetes and obesity and the aging of the baby boomers.

Those same conditions
are driving up the rate of artery-opening devices around patients’ hearts. Drug-coated stents to prop open arteries around
the heart have been available for several years.

"That cheeseburger you ate didn’t just go to your heart,"
Lyles said. "If you have problems in the arteries of your heart, somebody better be checking your legs."
 

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In