Intravascular devices and a method of delivering at least one therapeutic agent. The device includes an elongate element with proximal and distal portions and at least first and second lumens provided therein. The first lumen is adapted for delivering at least one therapeutic agent. The second lumen is adapted for allowing fluid therethrough. An expandable member is disposed adjacent to the distal portion of the elongate element. At least one tip cut is provided in a distal tip portion of the elongate element. The at least one tip cut is adapted for providing flexibility to the elongate element. The method includes providing an elongate element. Spacing of at least one tip cut is varied during positioning of the elongate element within a vessel. The vessel is occluded with the elongate element. The at least one therapeutic agent is delivered to tissue adjacent the occluded vessel.