Empresas y finanzas

Sorin Group Enters into an Exclusive Agreement with Datascope to Distribute Sorin's Peripheral Stent Line



    Sorin Group (MIL:SRN) (Reuters code: SORN.MI) announced today that
    it has closed an exclusive five-year worldwide agreement, excluding
    the United States and Japan, with Datascope Corp. (NASDAQ:DSCP), that
    will distribute Sorin's peripheral vascular stent products. The deal
    includes a call option to acquire Sorin's peripheral stent business
    within two years.

    Sorin's innovative peripheral stent products are dedicated to the
    treatment of peripheral arterial disease ("PAD") and use the
    Carbofilm(TM) Technology, whose excellent biocompatible and
    hemocompatible characteristics are well clinically proven. The product
    line includes balloon-expandable and self-expanding stent systems
    principally for use in the treatment of the iliac arteries, renal
    arteries and infrapopliteal lesions, as well as balloon systems for
    use in PTA (Percutaneous Transluminal Angioplasty).

    Sorin's peripheral stent line will be distributed by Datascope's
    InterVascular Division ("Intervascular"), a worldwide leader in
    manufacturing and distributing vascular grafts to cardiac and vascular
    surgeons. Datascope believes that the peripheral stent products are an
    attractive addition to Intervascular's product portfolio and will
    benefit from Intervascular's marketing, sales, clinical education /
    training, and new product development capabilities.

    "We are very confident that this agreement represents a unique
    opportunity to strengthen and reinforce Sorin's technological
    leadership and awareness in the interventional cardiology market,
    benefiting from Datascope's sales and distribution network", said
    Franco Vallana, President Cardiac Surgery Business Unit and Chief
    Scientific Officer of Sorin Group.

    "We believe that Sorin's peripheral vascular stents will be an
    attractive addition to InterVascular's portfolio," said InterVascular
    President Nino Laudani. "We look forward to leveraging our
    capabilities in marketing, sales, clinical education and training, as
    well as product development to accelerate the adoption of these Sorin
    products. Our strength in the cardiovascular surgery call point, as
    well as our commitment to technology innovation, should enable us to
    increase peripheral stent sales and expand the overall adoption rate
    of stents by vascular surgeons and interventionalists."

    The worldwide market for peripheral vascular stents and PTA
    balloons, excluding the United States and Japan, is estimated at $192
    million annually, and growing due to an increase in diagnostic
    procedures, the demographics of the aging population and the higher
    incidence of diabetes, high blood pressure, obesity and
    hypercholesterolemia - all leading causes of PAD.

    About the Sorin Group

    The Sorin Group (Reuters code: SORN.MI), a world leader in the
    development of medical technologies for cardiac surgery, offers
    innovative therapies for cardiac rhythm dysfunctions, interventional
    cardiology and the treatment of chronic kidney diseases. Sorin Group
    includes: Dideco, CarboMedics, Inc., COBE Cardiovascular, Inc.,
    Stockert, Mitroflow, ELA Medical, Inc., Sorin Biomedica, Bellco and
    Soludia. Sorin Group has more than 4,500 employees working at
    facilities in more than 80 countries throughout the world to serve
    over 5,000 public and private treatment centers.

    About InterVascular and Datascope Corp.

    InterVascular, a wholly-owned subsidiary of Datascope Corp., is a
    leading worldwide supplier of a full range of polyester,
    collagen-coated knitted and woven vascular grafts and patches.

    Datascope Corp. is a diversified medical device company that
    designs, manufactures and markets proprietary products for clinical
    health care markets in interventional cardiology and radiology,
    cardiovascular and vascular surgery, anesthesiology, emergency
    medicine and critical care. The Company has four product lines
    aggregated into two reporting segments, Cardiac Assist / Monitoring
    Products and Interventional Products / Vascular Grafts. The Company's
    products are sold throughout the world through direct sales
    representatives and independent distributors. Founded in 1964,
    Datascope is headquartered in Montvale, New Jersey. For news releases,
    webcasts and other Company information please visit Datascope's
    website, www.datascope.com.

    For more information:

    www.sorin.com

    www.datascope.com