April 18 — Cordis Corp. and ClearStream Technologies Group, plc, announced today the signing of a definitive distribution agreement whereby Cordis will market ClearStream's most advanced percutaneous transluminal angioplasty (PTA) balloon catheters under the brand names SLEEK and SAVVY LONG PTA Balloon Dilation Catheters.
The SLEEK and SAVVY LONG peripheral balloons will be marketed by the Cordis Endovascular division of Cordis Corp. The companies expect the products will be commercially available in countries outside the U.S. starting in the second quarter of 2007.
