Replies to post #149335 on Biotech Values

[DewDiligence]

ABT starts US phase-3 trial of bioresorbable drug-eluting stent:

http://finance.yahoo.com/news/abbott-initiates-clinical-trial-absorb-133000702.html

Abbott (ABT) announced today the initiation of the ABSORB III clinical trial in patients in the United States. This randomized, controlled trial is designed to enroll approximately 2,250 patients, the majority in the United States, and compare the performance of Abbott's drug eluting Absorb™ Bioresorbable Vascular Scaffold (BVS) device to the company's XIENCE™ family of drug eluting stents. The start of this trial in the United States follows the recent international commercial launch of Absorb in Europe and parts of Latin America and Asia, including the recent regulatory approval and launch in India…

Please see #msg-79908512 and #msg-61503095 for background.