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Micell Forges Strategic Agreement to Develop Advanced Drug-Eluting Stents and Balloons
Date:1/12/2009

are most impressed with OCI and the high quality and deliverability of their cardiovascular products. Indeed we look forward to working together to accelerate the development of new products that have the potential of improving patient care."

Vinod Ramnani, chairman and managing director, OCI, commented, "The science of medicating an interventional device is highly complex and requires exceptional clinical expertise and know-how. We are proud to begin working with Micell which has a strong intellectual property portfolio in this arena and which we hope will help give momentum to our jointly developed new products in new and regulated markets."

About Micell Technologies Inc

Micell Technologies is a privately-held, development-stage biomedical device company dedicated to developing innovative interventional cardiology systems. By applying its unique surface and polymer modification technologies, Micell can precisely and consistently control drug elution and the duration of polymer exposure creating the potential for a therapeutic solution for coronary artery disease without the long-term safety concerns of currently available drug-eluting stents. Its first product in development, MiStent(TM), is a rapid absorbing coated drug-eluting stent with precise control of drug release and pharmacokinetics. To learn more, please visit our Web site at www.micell.com.

About Opto Circuits (India) Ltd.

Opto Circuits (India) Ltd. (OCI) (BSE Code: 532391; NSE Symbol: OPTOCIRCUI) is a 100 percent EOU and a leading manufacturer of healthcare equipments in India. The product profile includes digital thermometers, sensors, probes, pulse oximeters, pa
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