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January 18, 2006 Categories: Uncategorized Posted by admin
Duravest, Inc. (OTC BB:DUVT, XETRA:DUV) is a publicly traded holding company that initiates strategic investments in leading edge medical technologies. Its subsidiary, Estracure, Inc. is currently developing a next-generation coronary stent based on proprietary estrogen-based technologies which may minimize restenosis and potentially prevent progression of coronary lesions. Based on the results of a multi-center Phase II “proof-of-concept” trial in humans and ongoing pig trials, Phase II/III trials with the proprietary 17-beta-estradiol, stent and polymer combination are being currently planned for patient accrual later this year. Duravest also has a controlling interest in Bio-Magnetic Therapy Systems, Inc. (BMTS), a leading German-US medical technology firm dedicated to the safe, non-invasive treatment of osteoarthritis, osteoporosis and orthopedic injuries. Its proprietary, patented devices are already used clinically in Germany while further expansion is planned for European, Asian and U.S. markets.
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