Radiance completes BRITE trial and restructures operations

27 September 2001

Radiance Medical Systems says that it expects to complete enrollment inthe pivotal BRITE (Beta Radiation to Reduce IN-Stent Restenosis) Phase II clinical study in the fourth quarter of 2001.

The company has also announced the RAPID (Radiation After PTA Is Done) and BRITE-SVG (Beta Radiation to Reduce In-Stent Restenosis for Saphenous Vein Bypass Grafts) studies are on schedule but, whilst organizing its pre-market application to the US Food and Drug Administration for RDX Radiation Delivery System, it has decided to restructure its operations to conserve cash.

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