Peijia Medical (HKG:9996) subsidiary Achieva Medical entered into a distribution agreement with B. Braun Medical for the mainland China distribution of the SeQuent Please CIS paclitaxel drug-coated intracranial balloon dilatation catheter, according to a Monday Hong Kong bourse filing.
The product is designed to treat intracranial vascular diseases and to deliver paclitaxel precisely to diseased blood vessel walls during balloon dilatation to reduce the risk of restenosis.