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Biotech / Medical : MDCO: Medicines Company
MDCO 84.900.0%Jan 6 4:00 PM EST

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To: Rich1 who wrote (70)4/29/2003 11:15:25 PM
From: Mike  Read Replies (1) of 125
 
JNJ stent and MDCO have no direct business relationship. Angiomax has a story to tell about cost saving analysis from the Replace II trial. This trial showed a cost savings of approx $400 using Angiomax over heparin and 2b/3a's. In addition,there was a $180 decrease in hospital charges due to the lower bleeding complications with the use of Angiomax.

These cost savings data is going to play much better with the Cypher stent out. The Cypher stent from JNJ is approx $3100 vs approx $1200 for a standard non coated stent. With 1.5 stents used on the average patient the hospital has the potential for great lose of profit with the use of Cypher stent. Angiomax useage could recover some of that lose in revenue.

Mike
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