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DewDiligence

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DewDiligence

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Re: jbog post# 12300

Monday, 04/10/2017 11:52:27 AM

Monday, April 10, 2017 11:52:27 AM

Post# of 29340
ABT withdraws ABSORB stent from EU market (with limited exceptions):

http://epvantage.com/Universal/View.aspx?type=Story&id=699747&isEPVantage=yes

This is a rare commercial setback for ABT, who invested a lot in the development of ABSORB and the bioabsorbable-stent technology on which it is based. Although ABSORB is still on the market in the US, the sales are apt to be small following the data reported in #msg-129683267.

ABT is trading flat today.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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