Indian-American Dr Kiran Patel invests $60 million in medical device company Concept Medical
Updated : October 12, 2018 12:44 PM IST
Dr Kiran Patel's investment is for the Concept Medical Inc, a Florida-based medical device company's Investigational Device Exemption (IDE) for the world's first sirolimus-coated balloon.
Sirolimus balloon catheter is a drug-coated balloon, which is a replacement of the stent. If a stent cannot be placed in human body or doesn't have a good outcome, then sirolimus balloon is used.
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