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Biotech / Medical : ABT - Abbott Labs

ABT 124.50

-1.7%

3:59 PM EDT

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To: Paul Nicholas who wrote (317)	10/3/2000 9:17:27 AM
From: Skywatcher	of 328

Biocompatibles stent clears U.S. hurdle LONDON, Oct 3 (Reuters) - Medical devices company Biocompatibles International Plc said on Tuesday that the U.S. Food and Drug Administration had given pre-market approval (PMA) for its key stent product used to open arteries. The company received an approvable letter on its BiodivYsio stents from the FDA earlier this month. Crispin Simon, Chief Executive of Biocompatibles, said ``the PMA approval for our BiodivYsio stent is a major milestone for the company.'' The stents, tiny pieces of expandable steel tubing, are due to reach the U.S. market in 2001. Abbott Laboratories (NYSE:ABT - news) will distribute the product. More $$$...that's good chris

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