Hmm...I'm no cardiologist but I have had this discussion with my cardiologist before. I have had stress-induced arrhythmia, I suffer from hypercholestrolemia, mild hypertension and worst still, I am allergic to any Aspirin-based medication. So he ran by a few scenarios with me to scare me be it an open-heart bypass, or angioplasty.
Although Angioplasty is a non-invasive procedure and can be done on an outpatient basis, it must be established that the diver has reasonable tolerance for strainuous activities. The most important thing is to NOT develop any ischemia during the exercise (usually the stress test done on treadmills). The diver should also be cleared from any left ventricular dysfunction.
I would suggest for you to in turn suggest to your friend to go back to his cardiologist for an opinion. I do know of people who have done Angioplasty whom have gone back to diving. Tell him to be safe with his new lease of life. He's living on bonus time.
Maybe Bones and DiveDoc would be able to elaborate further on this, or correct me where I am wrong.