Angiotech announces expansion of innovative Quill(TM) SRS product line with new choice of absorbable sutures



    VANCOUVER, Aug. 13 /CNW/ - Angiotech Pharmaceuticals, Inc. (NASDAQ:   ANPI,
TSX: ANP), a global specialty pharmaceutical and medical device company, today
announced that it has received clearance from the U.S. Food and Drug
Administration (FDA) to begin marketing a new polymer line of absorbable
sutures, further broadening the offering of the Quill(TM) Self-Retaining
System (SRS) product line.
    Angiotech is launching MONODERM(TM), a new line of Quill(TM) SRS sutures
made from a rapidly resorbing polymer, which is intended primarily for
superficial wound closure applications. The Quill(TM) SRS MONODERM(TM) sutures
will be available in three different diameters.
    "Since the initial launch of Quill(TM) SRS, we have received a tremendous
amount of positive feedback and many requests to offer new iterations of the
product line," said Dr. William Hunter, President and CEO of Angiotech. "We
believe that these new, fast-degrading sutures are a great complement to the
existing Quill(TM) SRS product line," added Dr. Hunter.
    Angiotech intends to continue to expand the Quill(TM) SRS product line to
cover multiple procedures for wound closure and tissue approximation.
    It is expected that Angiotech will launch Quill(TM) SRS MONODERM(TM) in
the fall, with plans to exhibit the Quill(TM) SRS product line at the Annual
Meeting of the American Society of Plastic Surgeons (ASPS) to be held on
October 26-31, 2007 in Baltimore, MD.

    About the Quill(TM) Self-Retaining System (SRS)

    The innovative Quill(TM) SRS represents the next generation of wound
closure technology. A patented helical barbed design enables surgeons to
suture without the use of knots. The absence of knots provides a wide range of
clinical and economic benefits, including:

    
    Potential to improve patient outcomes:

    -   Minimizes complications associated with knots
    -   Potential to improve wound healing
    -   May enhance cosmesis

    Potential to save time in the operating room:

    -   Achieves potentially significant time savings, especially in suture
        intensive procedures

    Enhanced procedural techniques:

    -   Allows closure of difficult wounds
    -   Enables suturing in tight places
    -   Allows the surgeon to control tension
    

    Note on Forward Looking Statements

    Statements contained in this press release that are not based on
historical fact, including without limitation statements containing the words
"believes," "may," "plans," "will," "estimate," "continue," "anticipates,"
"intends," "expects" and similar expressions, constitute "forward-looking
statements" within the meaning of the U.S. Private Securities Litigation
Reform Act of 1995 and constitute "forward-looking information" within the
meaning of applicable Canadian securities laws. All such statements are made
pursuant to the "safe harbor" provisions of applicable securities legislation.
Forward-looking statements in this release include but are not limited to
statements regarding; financial benefits to Angiotech that could potentially
be realized from Angiotech's wound closure business, the ability of Angiotech
to commercialize the Quill(TM) SRS product and to develop and commercialize
any successive product lines, that a substantial market exists for the
product, that the product will perform as expected, that the product
represents an improvement over current wound closure methods and that these
improvements could be beneficial to physicians and to patients. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors that may cause the actual results, events or developments to be
materially different from any future results, events or developments expressed
or implied by such forward-looking statements. Many such risks, uncertainties
and other factors are taken into account as part of our assumptions underlying
these forward-looking statements and include, among others, the following;
general economic and business conditions, both nationally and in the regions
in which we operate; market demand; technological changes that could impact
our existing products or our ability to develop and commercialize future
products; competition; existing governmental regulations and changes in, or
the failure to comply with, governmental regulations; decisions, and the
timing of decisions, made by health regulatory agencies regarding approval of
our technology and products; the requirement for substantial funding to
conduct research and development and to expand commercialization activities;
and any other factors that may affect performance. In addition, our business
is subject to certain operating risks that may cause the actual results
expressed or implied by the forward-looking statements in this report to
differ materially from our actual results. These operating risks include; poor
performance of the product in the clinical setting; adverse events related to
the use of the product; improper estimation of the size of the wound closure
market; adverse results or unexpected delays in clinical development
processes; our ability to attract and retain qualified personnel; our ability
to successfully complete preclinical and clinical development of our products;
changes in business strategy or development plans; our failure to obtain
patent protection for discoveries; loss of patent protection resulting from
third party challenges to our patents; commercialization limitations imposed
by patents owned or controlled by third parties; our ability to obtain rights
to technology from licensors; liability for patent claims and other claims
asserted against us; our ability to obtain and enforce timely patent and other
intellectual property protection for our technology and products; the ability
to enter into, and to maintain, corporate alliances relating to the
development and commercialization of our technology and products; market
acceptance of our technology and products; our ability to successfully
manufacture, market and sell our products; the continued availability of
capital to finance our activities; our ability to continue to integrate into
our business the operations of American Medical Instruments Holdings, Inc. and
our ability to achieve the operational and other synergies and the other
commercial or financial benefits expected as a result of that acquisition; and
any other factors referenced in our annual information form and other filings
with the applicable Canadian securities regulatory authorities or the SEC.
    Given these uncertainties, assumptions and risk factors, readers are
cautioned not to place undue reliance on such forward-looking statements. We
disclaim any obligation to update any such factors or to publicly announce the
result of any revisions to any of the forward-looking statements contained in
this prospectus to reflect future results, events or developments.

    Quill (TM) is a trademark of Quill Medical, Inc., a wholly-owned
    subsidiary of Angiotech Pharmaceuticals, Inc.

    MONODERM(TM) is a trademark of Surgical Specialties Corporation, a
    wholly-owned subsidiary of Angiotech Pharmaceuticals, Inc.

    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: Jodi Regts, Manager, Investor Relations and
Corporate Communications, Angiotech Pharmaceuticals, Inc., (604) 221-7930,
jregts@angio.com

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