C

Cordis

Develops cardiovascular interventional devices and education

Overview

Cordis develops cardiovascular devices and therapies, including guidewires and drug-eluting stents, to treat heart and blood vessel conditions via minimally invasive procedures. Its products are designed to keep arteries open by delivering medications at the site to prevent scar tissue and restenosis. Cordis differentiates itself through a long history in cardiovascular care, a hands-on approach to clinician support (education platforms and services), and a strategy that combines in-house R&D, an innovation incubator (CordisX), partnerships, and selective acquisitions. Its goal is to improve clinical outcomes and expand access to advanced interventional options by transforming interventional cardiovascular care for healthcare professionals and patients.

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About Cordis

Simplify's Rating
Why Cordis is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsGovernment & Public Sector

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

United States

Founded

1959

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What believers are saying

  • October 6, 2026 SUSTANE DEB posted highest reported primary patency in a U.S. IDE trial.
  • April 28, 2026 Japan launch expands Cordis across peripheral artery disease and coronary markets.
  • Completed SELUTION4DeNovo enrollment for 960 patients positions Cordis for a future PMA.

What critics are saying

  • SELUTION4ISR missed the single-layer ISR endpoint, weakening U.S. adoption after 2026 launch.
  • Boston Scientific, Concept Medical, and B. Braun already sell rival drug-coated balloons globally.
  • If SELUTION4DeNovo fails, Cordis loses its next U.S. growth engine and PMA rationale.

What makes Cordis unique

  • September 21, 2026 FDA approved SELUTION SLR, the first U.S. sirolimus drug-eluting balloon.
  • Cordis combines MedAlliance's balloon platform with 65-country commercialization and 250,000 treated patients.
  • March 2026 Miami Lakes expansion supports integrated R&D, engineering, and manufacturing capabilities.

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Growth & Insights and Company News

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Yahoo Finance
Sep 21st, 2026
Cordis' SELUTION SLR™ becomes first sirolimus drug-eluting balloon approved by FDA for in-stent restenosis

The US Food and Drug Administration has approved Cordis' SELUTION SLR drug-eluting balloon for treating coronary in-stent restenosis. The device is the first sirolimus drug-eluting balloon approved in the United States. The approval follows results from the SELUTION4ISR trial, which enrolled over 400 patients across 48 sites in the US, Canada, Brazil, and Europe. At 12 months, target lesion failure rates were 15.2% for SELUTION SLR and 13.5% for standard of care treatments. Nearly 1 million percutaneous coronary interventions are performed annually in the US, with approximately 10% addressing in-stent restenosis. Cordis has completed enrollment in a 960-patient trial evaluating the balloon versus drug-eluting stents for treating small coronary vessel lesions.

Yahoo Finance
Apr 28th, 2026
Cordis launches SELUTION SLR sirolimus-eluting balloon in Japan with 81.5% primary patency at three years

Cordis has launched its SELUTION SLR™ PTA Drug-Eluting Balloon in Japan, the first sirolimus-eluting balloon approved in the country for treating peripheral artery disease. The device delivers sirolimus in a controlled manner to reduce restenosis and restore vessel function. The SELUTION SFA Japan clinical trial showed durable outcomes in complex patients, with 81.5% primary patency and 93.8% of patients remaining free from reintervention through three years. Early clinical experience has shown strong post-procedural blood flow without downstream effects below the knee. The launch provides Japanese physicians with an additional treatment option for managing peripheral vascular disease patients. Cordis, a global interventional vascular technology company, has been developing cardiovascular innovations for nearly 70 years.

FinSMEs
Oct 20th, 2022
Cordis To Acquire Medalliance, For Up To $1.135 Billion

MedAlliance to be Acquired by Cordis36. Cordis, a Miami, FL-based provider of a development and manufacturing of interventional cardiovascular and endovascular technologies, acquired Nyon, Switzerland-based medical technology company MedAlliance

PR Newswire APAC
Oct 20th, 2022
MedAlliance to be Acquired by Cordis - PR Newswire APAC

GENEVA, Oct. 19, 2022 /PRNewswire/ -- MedAlliance to be Acquired by Cordis

Vascular News
Jul 15th, 2022
Cordis, LLC launches RADIANCY premarket clinical study in Europe

Cordis has announced the start of the RADIANCY premarket clinical study in Europe.

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