Antares Pharma and Boston Scientific Benefit From Renewed Industry Optimism
January 25 2012 - 7:20AM
Marketwired
The medical device sector has been seeing increased investor
interest over the last year. According to a recent report from Dow
Jones, venture investments held strong across healthcare in 2011,
with medical devices finishing a close second to biopharmaceuticals
in dollars invested. Biopharmaceuticals brought in $3.9 billion for
302 deals while 290 medical device deals raised $3.3 billion. In
the third quarter device deals raised more than drugs for the first
time since 1998, CMIO reports. Five Star Equities examines the
outlook for companies in the Medical Equipment & Supplies
industry and provides equity research on Antares Pharma Inc. (NYSE
Amex: AIS) and Boston Scientific Corporation (NYSE: BSX). Access to
the full company reports can be found at:
www.fivestarequities.com/AIS www.fivestarequities.com/BSX
Boston Scientific Corporation develops, manufactures, and
markets medical devices used in various interventional medical
specialties worldwide. It offers implantable devices that monitor
the heart and deliver electricity to treat cardiac abnormalities
and implantable pacemaker systems used to manage slow or irregular
heart rhythms.
Earlier this week the company announced that it received a
positive ruling in a patent infringement case with Johnson &
Johnson involving stents used for heart patients. Johnson &
Johnson had alleged that Boston Scientific's use of a drug on a
drug-eluting stent infringed two patents.
Five Star Equities releases regular market updates on the
Medical Equipment & Supplies industry so investors can stay
ahead of the crowd and make the best investment decisions to
maximize their returns. Take a few minutes to register with us free
at www.fivestarequities.com and get exclusive access to our
numerous stock reports and industry newsletters.
Antares Pharma, Inc., a pharmaceutical company, focuses on
self-injection pharmaceutical products and technologies, and
topical gel-based products. Earlier this month the company
announced that it has licensed exclusively its Oxybutynin Gel 3% to
Daewoong Pharmaceuticals Co. Ltd.,for marketing in South Korea.
Antares oxybutynin gel 3% is a topical, translucent hydroalcoholic
gel containing oxybutynin, an antispasmodic, antimuscarinic
agent.
Last month Antares licensed to Pfizer Inc.'s Consumer Healthcare
Business Unit one of its drug delivery technologies to develop an
undisclosed product on an exclusive basis for North America.
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