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Photoelectron, Cordis develop intravascular radiation system

Executive Summary

J&J's Cordis division (devices for managing circulatory diseases) and Photoelectron Corp. will co-develop and co-manufacture a disposable x-ray machine based on Photoelectron's new miniature technology for delivering radiation to the inside of blood vessels. Cordis will sell the system to the intravascular radiation market.
Deal Industry
  • Medical Devices
    • Surgical Equipment & Devices
    • Diagnostic Imaging Equipment & Supplies
      • X-ray
Deal Status
  • Final
Deal Type
  • Alliance
    • Co-Promotion
    • Includes Contract
    • Includes Equity
    • R&D and Marketing (Licensing)

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