Peijia Medical (HKG:9996) said B. Braun Medical (Suzhou)'s SeQuent Please CIS paclitaxel drug-coated intracranial balloon dilatation catheter has received approval from China's National Medical Products Administration.
The device is designed to treat narrowed intracranial blood vessels using a paclitaxel drug-coated balloon, without leaving an implant in the vessel, according to a Friday filing on Hong Kong bourse.
Peijia Medical unit Shanghai Achieva Medical Suzhou holds exclusive distribution rights for SeQuent Please CIS in mainland China.