Angiotech's corporate partner, Boston Scientific, announces FDA approval of second-generation TAXUS(R) Liberté(R) drug-eluting stent



    VANCOUVER, Oct. 10 /CNW/ - Angiotech Pharmaceuticals, Inc. (NASDAQ:   ANPI,
TSX: ANP), a global specialty pharmaceutical and medical device company, today
reported that its corporate partner, Boston Scientific Corporation (NYSE:   BSX)
has received approval from the U.S. Food and Drug Administration (FDA) to
market its second-generation TAXUS(R) Liberté(R) Paclitaxel-Eluting Coronary
Stent System. Boston Scientific plans to launch the TAXUS Liberté stent early
next month in the United States, following completion of the introduction of
its TAXUS(R) Expresss(2)(TM) Atom(TM) Paclitaxel-Eluting Coronary Stent
System, which was approved by the FDA last month. The TAXUS Liberté stent was
launched in Europe and other international markets in 2005.
    "We believe the approval of TAXUS Liberté is a clear indication that we
have made significant progress toward resolving the issues related to the
Corporate Warning Letter," said Jim Tobin, President and Chief Executive
Officer of Boston Scientific.
    "The US approvals of the TAXUS Liberté and Atom represent the second and
third generation of paclitaxel-eluting coronary stents to be launched by
Boston Scientific - at a time when many others are still using
first-generation technology. Over this time, the paclitaxel platform has shown
tremendous efficacy and longevity in the treatment of millions of patients
with life-threatening heart disease, said Dr. William Hunter, President and
CEO of Angiotech. "Boston Scientific continues to make progress advancing the
TAXUS program and we believe it will be a mainstay of therapy for many years
to come."
    The TAXUS stent systems have been evaluated by the industry's most
extensive randomized, controlled clinical trial program, with follow-up to
five years in some cases. These trial results have been supplemented by data
on more than 35,000 patients enrolled in post-approval registries. To date,
approximately 4.6 million TAXUS stents have been implanted globally, making
them the world's most frequently used drug-eluting stents.

    
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    Boston Scientific Corporation acquired worldwide exclusive rights from
Angiotech to use paclitaxel on its coronary stent products and has
co-exclusive rights to certain peripheral vascular and non-vascular products.

    About Angiotech

    Angiotech Pharmaceuticals, Inc. is a global specialty pharmaceutical and
medical device company with over 1,500 dedicated employees. Angiotech
discovers, develops and markets innovative treatment solutions for diseases or
complications associated with medical device implants, surgical interventions
and acute injury. To find out more about Angiotech (NASDAQ:   ANPI, TSX: ANP),
please visit our website at www.angiotech.com.





For further information:

For further information: DeDe Sheel, Investor Relations and Corporate
Communications, Angiotech Pharmaceuticals, Inc., (415) 293-4412,
dede.sheel@fdashtonpartners.com

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