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Biotech / Medical : Chiron

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To: vinod Khurana who wrote (1)5/17/1996 1:45:00 PM
From: vinod Khurana   of 23
 
Business Brief -- CHIRON CORP.:
Focal, Ciba Pact to Create Drug-Delivery Technology

Chiron Corp., Emeryville, Calif., said it will work with Focal Inc. and a Ciba-Geigy Ltd. unit to develop a drug-delivery technology to prevent arteries from collapsing after angioplasty. Terms
weren't disclosed. The collaboration involves a Focal technique for coating arteries with a biodegradable gel containing medication that is gradually released. Both Chiron and Ciba have
cardiovascular drugs in test stages, which might be more effective if administered in this way, a Chiron spokesman said. Focal is a closely held Lexington, Mass., biotechnology concern. Ciba is a Swiss pharmaceutical concern.

V.K
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