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    Cordis Announces Acquisition of MedAlliance

    Details:

    By acquiring MedAlliance, Cordis has the potential to serve two million patients globally by 2027 with the SELUTION SLR™ (Sustained Sirolimus Release) drug-eluting balloon for the treatment of coronary artery disease.


    Lead Product(s): Sirolimus

    Therapeutic Area: Cardiology/Vascular Diseases Product Name: Selution SLR

    Highest Development Status: ApprovedProduct Type: Small molecule

    Recipient: MedAlliance

    Deal Size: $1,135.0 million Upfront Cash: Undisclosed

    Deal Type: Acquisition October 18, 2022

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