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ABMD ABIOMED, Inc., featured news, full reports, and detailed ABMD.O charts.

ABIOMED, Inc. (ABMD) Wrap Up:

We are a leading provider of medical devices in circulatory support and offer a continuum of care in heart recovery to acute heart failure patients. Our strategy is focused on establishing heart recovery as the goal for all acute cardiac attacks. Our products are designed to enable the heart to rest, heal and recover by improving blood flow and/or performing the pumping function of the heart. We believe we are the only company with commercially available cardiac assist devices approved for heart recovery by the Food and Drug Administration, or FDA, and our products have been used to treat thousands of patients to date. Our products can be used in a broad range of clinical settings, including by heart surgeons for patients in profound shock and by interventional cardiologists for patients who are in pre-shock or in need of prophylactic support in the cardiac catheterization lab, or cath lab.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f06%2f13%2f0001193125-07-134975.html#FIS_BUSINESS"   
www.abiomed.com
386 Employees
Founded in 1981

Abiomed Inc. (ABMD:NASDAQ)

LAST $9.37 USD
CHANGE TODAY -0.30 -3.10%
VOLUME 513.7K
As of 4:00 PM 11/6/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Abiomed Inc. (ABMD)

OPEN
$9.57
PREVIOUS CLOSE
$9.67
DAY HIGH
$9.63
DAY LOW
$9.16
52 WEEK HIGH
12/9/08 - $17.35
52 WEEK LOW
03/6/09 - $4.67
MARKET CAP
351.2M
AVERAGE VOLUME 3 mo
272.6K
DILUTED EPS TTM
$-0.87
SHARES OUTSTANDING
37.5M
ABMD Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

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ABMD Details

Abiomed, Inc. and its subsidiaries manufacture and sell medical devices in circulatory support that offer a continuum of care in heart recovery to acute heart failure patients. It offers various disposable products for the surgery suite, which comprise BVS 5000 blood pump and AB5000 ventricle for temporary support of acute heart failure patients in profound shock, including patients suffering from cardiogenic shock after a heart attack, post-cardiotomy cardiogenic shock, or myocarditis; integrated cannula system that connects the ventricle or blood pump to the heart and an associated artery; and Impella LD that provides temporary left ventricular assist devices support for recovery from post-cardiotomy hemodynamic instability and cardiogenic shock. The company also provides disposable products for the cardiac catheterization lab and the surgery suite that include Impella 2.5 and 5.0 catheters, which are percutaneous micro heart pumps with integrated motors and sensors for use in interventional cardiology and heart surgery; and IAB, a percutaneous intra-aortic balloon used to support various prophylactic, pre-shock, and profound shock conditions. In addition, it offers driver console products, such as AB5000 console for BVS 5000 blood pump and AB5000 ventricle; mobile pump consoles for Impella products; iPulse console, a multi-purpose driver console for IAB, AB5000, BVS 5000, and other manufacturersÂ’ IABs; and portable discharge driver for AB5000 for in-hospital and out-of-hospital patients. Further, Abiomed provides AbioCor implantable replacement heart, a self-contained artificial heart for severe biventricular heart failure. It sells its products through direct sales representatives and clinical support personnel in the United States, Germany, France, the United Kingdom, and Ireland; and internationally. The company was founded in 1981 and is headquartered in Danvers, Massachusetts.

ABMD Top Compensated Officers

Mr. Michael R. Minogue
Chairman, Chief Executive Officer, President,...
Age: 41
Total Annual Compensation: $368.8K
Mr. Robert L. Bowen
Chief Financial Officer, Principal Accounting...
Age: 59
Total Annual Compensation: $80.1K
Dr. David M. Weber Ph.D.
Chief Operating Officer
Age: 48
Total Annual Compensation: $260.4K
Mr. William J. Bolt
Senior Vice President of Global Quality Regul...
Age: 57
Total Annual Compensation: $224.0K
Mr. Christopher Macdonald
Senior Vice President of Global Sales and App...
Age: 44
Total Annual Compensation: $195.7K

Executives, Board Directors

Compensation as of Fiscal Year 2009.

Key developments for Abiomed Inc. (ABMD)

Abiomed Inc. to Report Q2, 2010 Results on November 05, 2009

Abiomed Inc. announced that they will report Q2, 2010 results on November 05, 2009.

Abiomed Inc., Q2 2010 Earnings Call, Nov--05-2009

Abiomed Inc., Q2 2010 Earnings Call, Nov-05-2009

Abiomed Inc. Presents New Clinical Data from Uspella

Abiomed Inc. announced new clinical data from USpella, the first U.S. multicenter registry of Impella 2.5 patients evaluating the safety and feasibility of left ventricular support with the Impella 2.5 during high-risk percutaneous coronary intervention (PCI) and treatment of acute myocardial infarction (AMI). USpella, presented at TCT 2009 by Brijeshwar Maini, M.D., co-chair, cardiovascular research, interventional cardiologist, Pinnacle Health; attending cardiologist, Moffitt Heart & Vascular Group, evaluated data from 16 Impella 2.5 centers with IRB approval and over 181 patients from the more than 1,000 reported commercial Impella 2.5 cases. The registry examined both high-risk PCI and AMI patients, reporting the following results: High-Risk PCI patient results in USpella: In 64% of the high-risk PCI cases, the patients had been turned down for CABG before treated with Impella 2.5; The high-risk PCI population presented with a more complex anatomy than the SYNTAX trial population (of 23), decreasing SYNTAX score from 38 to 18 after effective revascularization with Impella 2.5; Registry results reaffirmed ejection fraction increases that were similar to PROTECT I results, with improved ejection fraction in USpella high-risk PCI patients increasing from 29 to 34, after Impella 2.5 support; Reported overall MACE was low at 6%; 30-day survival rate was 97%. AMI patient results in USpella: Impella was used after conventional therapies failed, (88% after emergent revascularization; 88% after high-dose inotropes; 68% after IABP therapy); Impella improved hemodynamics in AMI shock patients, improving cardiac index from 1.9 to 2.5 l/min/m2, increasing mean arterial pressure from 62 to 87 mmHg, and decreasing wedge pressure from 28 to 20 mmHg, as well as decreasing overall Systemic Vascular Resistance (SVR); After Impella 2.5 support, overall ejection fraction in AMI patients improved from 29 to 37%; Impella successfully supported AMI refractory shock patients with 69% survival to the next therapy or onto recovery. Also, 58% of AMI shock patients and 89% of AMI patients with no shock were discharged Maini concludes that, 'USpella is the largest IRB registry reported so far for Impella 2.5 that confirms prior positive study results.

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ABMD Competitors

Company Last Change
Biophan Technologies Inc $0.01 USD 0.00
Heartware International Inc $32.09 USD -0.92
Thoratec Corp $29.05 USD +0.22
World Heart Corp $4.38 USD +0.13
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation ABMD Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 4.5x
Price/Book 3.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales 3.9x

ABMD

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ABMD transactions

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More Recent News About ABIOMED, Inc.

  • Abiomed Announces Record Revenue of $20 Million for Second Quarter of Fiscal 2010 

    HASH(0x1eec810) -- U.S. Commercial Impella Revenue at $12.1 Million, Up 95% From Prior Year DANVERS, Mass. --...

    Business Wire, 11/05/09 · More from publication

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