Article: Implant Sciences Corporation and CardioTech International Announce Development of Drug-Eluting Stent.

WAKEFIELD, Mass. and WOBURN, Mass., Aug. 29 /PRNewswire/ --

Implant Sciences Corporation (Amex: IMX) and CardioTech International, Inc. (Amex: CTE), today announced the joint development of a drug-eluting microporous polymer covered stent to be used in the treatment of cardiovascular disease.

Implant Sciences Corporation manufactures I-Plant(TM) Iodine-125 brachytherapy seeds for the treatment of prostate cancer and develops products for the radiation oncology, interventional cardiology and orthopedic markets. CardioTech International, Inc., develops innovative polyurethane devices that enhance the treatment of late-stage cardiovascular disease.

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