Olympus Medical Systems in Collaboration with Medinol Ltd. Announces the Release of the X-Suit NIR(R), a Biliary Metallic Stent

Expanding the Business of EndoTherapy Devices Through the Metallic Stent Market in Europe, the US and Parts of Asia

HAMBURG, Germany--(HSMN NewsFeed)--Olympus Medical Systems Corporation, in collaboration with Medinol Ltd., announces the release of the X-Suit NIR(R), a biliary metallic stent featuring exceptional anatomic conformability. This device will launch in Europe and parts of Asia on March 27, 2009 followed by the US on April 24, 2009. In Japan and other territories the product will be launched after obtaining marketing approval from the regulatory authorities. The president of Olympus Medical Systems Corporation, Haruhito Morishima, declared: “I am pleased to announce that we will soon be launching a new metallic stent which is an essential component of endoscopic treatment for biliary duct lesions. This product is the fruit of years of groundwork in collaboration with an Israeli company, Medinol. The product offers both excellent radial force and flexibility, which are crucial requirements for the stents. We can confidently recommend this high-quality stent system to our customers.”

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