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Published on 9/19/2006 in the Prospect News Biotech Daily.

Foxhollow seeks renewal of Merck contract

By Elaine Rigoli

Tampa, Fla., Sept. 19 - Foxhollow Technologies, Inc.'s collaboration and license agreement with Merck & Co., Inc. ended without being renewed, Foxhollow said in an 8-K filing with the Securities and Exchange Commission.

The company noted that it is in discussions with Merck regarding the renewal and extension of the collaboration.

The Redwood City, Calif.-based medical technology company said this collaboration relates to the analysis of atherosclerotic plaque removed from patient arteries with the objective of identifying new biomarkers of atherosclerotic disease progression.

Under the collaboration, the research program described in the agreement terminated on Sept. 15.


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