SCHNEIDER BEGINS MARKETING BALLOON CATHETER 'FREEHAND'
NEW YORK, Sept. 28 /PRNewswire/ -- Schneider (USA) Inc., a unit of the Hospital Products Group of Pfizer Inc (NYSE: PFE), said today it has received authorization from the Food and Drug Administration to market a new compliant PTCA(A) rapid exchange balloon catheter. Schneider President Joseph E. Laptewicz said the balloon catheter, called FREEHAND(B), uses a new high performance polyethylene material to produce a compliant PTCA balloon with exceptional dimensional predictability and resilience. It features Schneider's TracTip(B) to provide superior trackability along with a very soft distal catheter section, Mr. Laptewicz said. The FREEHAND(B) catheter will be available for national distribution within two weeks and will be featured at the American Heart Association Meeting in Atlanta on November 8th. The FREEHAND(B), MYSTIC(B) and MONGOOSE(B) PTCA catheters, all launched within the last year, provide Schneider with a broad base of balloon product technologies (compliant and non-compliant, rapid exchange and over-the-wire designs) for use by interventional cardiologists. U.S. sales of vascular catheters used in angioplasty procedures are estimated at more than $400 million annually. Headquartered in Plymouth, Minn., Schneider (USA) is a leader in advanced angioplasty products. Pfizer Inc is a research-based, diversified health-care company with global operations. The company reported sales of approximately $7.23 billion for 1992. (A) -- PTCA - Percutaneous Transluminal Coronary Angioplasty (B) -- FREEHAND, MONGOOSE, MYSTIC and TracTip are registered Pfizer trademarks. -0- 9/28/93 /CONTACT: Andy McCormick of Pfizer, 212-573-1226/ (PFE)
CO: Pfizer Inc; Schneider (USA) Inc. ST: New York, Minnesota IN: MTC SU: PDT
SM -- NY082 -- 6498 09/28/93 16:04 EDT
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|Date:||Sep 28, 1993|
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