A stent crimping and coating apparatus is disclosed. The apparatus includes a plurality of crimping blades positioned in a radial array and collectively forming a central crimping lumen, wherein the plurality of crimping blades radially movable to alter the diameter of the central crimping lumen. Each of the crimping blades includes a first surface configured to at least in part define the central crimping lumen. One or more of the crimping blades includes a fluid channel extending therein and a plurality of openings in fluid communication with the fluid channel. The plurality of openings are located at the first surface of the one or more crimping blades and adapted to discharge a fluid into the central crimping lumen.