Article: Micell Forges Strategic Agreement to Develop Advanced Drug-Eluting Stents and Balloons.

Company In-licenses State-of-the-art CE-Marked Cobalt-Chromium Coronary Stent

Forms Alliance to Jointly Develop Drug Eluting Balloon Products

RALEIGH, N.C., Jan. 12 /PRNewswire/ -- Micell Technologies announced today that that the company entered into a strategic agreement with Maxcor Inc., the newly incorporated subsidiary of Opto Circuits (OCI) Ltd., by which Micell Technologies has obtained the rights to Maxcor's Genius MAGIC Cobalt Chromium Coronary Stent System for the purpose of developing and marketing Drug-Eluting Stents (DES) based on Micell's prop coating technology. The state-of-the-art stent and delivery system was developed and is marketed ...

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