FDA completes Galway inspection; no observations reported
08 September 2004 - 4:00PM
PR Newswire (US)
FDA completes Galway inspection; no observations reported
VANCOUVER, Sept. 8 /PRNewswire-FirstCall/ -- Angiotech
Pharmaceuticals, Inc. (NASDAQ:ANPINASDAQ:TSX:NASDAQ:ANP) corporate
partner, Boston Scientific, today announced that the U.S. Food and
Drug Administration (FDA) has completed its inspection of Boston
Scientific's Galway, Ireland facility, and that the FDA reported no
observations. The inspection began September 1 and ended yesterday,
as stated by Boston Scientific. The Galway facility is one of two
Boston Scientific facilities that manufacture the TAXUS(TM)
Express(2)(TM) paclitaxel-eluting coronary stent system. The other
is in Maple Grove, Minnesota. That facility was inspected by the
FDA in July, and Boston Scientific states that the agency reported
no observations at the conclusion of that inspection as well.
Vancouver-based Angiotech Pharmaceuticals, Inc., a specialty
pharmaceutical company focusing on drug-coated medical devices and
biomaterials, is dedicated to enhancing the performance of medical
devices and biomaterials through the innovative uses of
pharmacotherapeutics. To find out more about Angiotech
Pharmaceuticals, Inc. (NASDAQ:ANPINASDAQ:TSX:NASDAQ:ANP), please
visit our website at http://www.angiotech.com/. Statements
contained herein that are not based on historical or current fact,
including without limitation statements containing the words
"anticipates," "believes," "may," "continue," "estimate,"
"expects," "may" and "will" and words of similar import, constitute
"forward-looking statements" within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause the actual results, events or developments
to be materially different from any future results, events or
developments expressed or implied by such forward-looking
statements. Such factors include, among others, the following:
general economic and business conditions, both nationally and in
the regions in which the Company operates; technology changes;
competition; changes in business strategy or development plans; the
ability to attract and retain qualified personnel; existing
governmental regulations and changes in, or the failure to comply
with, governmental regulations; liability and other claims asserted
against the Company; and other factors referenced in the Company's
filings with the United States Securities and Exchange Commission
or the Canadian securities regulators. Given these uncertainties,
readers are cautioned not to place undue reliance on such
forward-looking statements. The Company does not assume the
obligation to update any forward-looking statements. CONTACTS: Todd
Young, Angiotech Pharmaceuticals, Inc. (Analysts & Investors),
(604) 221-7676 ext 6933 Rui Avelar, Angiotech Pharmaceuticals, Inc.
(Analysts), (604) 221-7676 ext 6996 Eric Starkman, Starkman &
Associates (Media), (212) 252-8545 ext 12 DATASOURCE: Angiotech
Pharmaceuticals, Inc. CONTACT: Todd Young, Angiotech
Pharmaceuticals, Inc. (Analysts & Investors), (604) 221-7676
ext 6933; Rui Avelar, Angiotech Pharmaceuticals, Inc. (Analysts),
(604) 221-7676 ext 6996; Eric Starkman, Starkman & Associates
(Media), (212) 252-8545 ext 12
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