On Road To Bankruptcy A Stent Company Invested in Marty Leon’s VC Fund

More questions are being raised about the research and financial activities of Palmaz Scientific, the bankrupt medical device company founded by Julio Palmaz, the co-inventor of the stent. In the middle of severe financial troubles that eventually brought the company to  bankruptcy Palmaz Scientific found enough money to invest in a venture capital fund. The VC Fund,…

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Stent Pioneer’s Company In Bankruptcy And Under Investigation

–Julio Palmaz hasn’t been able to recreate his earlier success A company founded by stent pioneer Julio Palmaz has declared bankruptcy and is being investigated for misconduct, according to the San Antonio Express-News. Palmaz, along with Richard Schatz, was the inventor of the enormously successful Palmaz-Schatz stent marketed by Johnson & Johnson. In March Palmaz…

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Stent pioneer digs a tunnel

A feature story in the Wall Street Journal details the saga of stent pioneer Julio Palmaz and his wife in building a 100,000 square foot underground tunnel for their vineyard in Napa Valley. Palmaz told Journal reporter  Christina Duff that he and his wife had visited Napa Valley while he was a resident at UC-Davis  and…

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