Abiomed Will Host Brief 30-Minute Conference Call on April 23, 2009 at 8:30 a.m. ET
DANVERS, Mass.--(BUSINESS WIRE)--Apr. 22, 2009--
Abiomed,
Inc. (NASDAQ: ABMD), a leading provider of break-through heart
support technologies enabling safer revascularization, heart recovery
and cost-effective patient care, today announced it has received 510(k)
clearance from the U.S. Food and Drug Administration (FDA) for its
Impella® 5.0 and Impella® LD Circulatory Support Devices. This 510(k)
clearance designates Impella 5.0 and Impella LD to provide circulatory
support for periods of up to six hours.
Similar to the Impella 2.5, which received 510(k) clearance on June 2,
2008 for partial circulatory support for periods of up to six hours, the
Impella 5.0 and Impella LD devices are minimally invasive catheter-based
pumps, designed to provide temporary circulatory support and reduce the
workload of the heart muscle. The pump is approximately the size of a
pencil with a small nine French catheter, which drives up to five liters
of blood flow per minute, a flow rate typically adequate to fully
support the average adult.
“Formerly, only patients with a grave prognosis received aggressive
circulatory support due to the invasiveness and potential complications
associated with conventional surgery devices,” said Anson Cheung, M.D.,
Surgical Director of Heart Transplantation at St. Paul’s Hospital in
Vancouver, British Columbia. “The availability of the Impella 5.0 and
Impella LD has reduced our threshold to implanting patients with a
temporary circulatory support device and offers a potential benefit to
reduce the likelihood of escalating therapy, such as implantable devices
or heart transplantation. We have already seen patient success from
Impella 5.0 and LD in providing the therapeutic benefit of ventricular
unloading, which helps to interrupt the progression of heart muscle
damage and potentially repair reversible damage.”
The Impella 5.0 further enhances Abiomed’s heart recovery portfolio,
providing cardiologists and surgeons with the clinical flexibility to
select and deploy circulatory support devices for patients based on the
severity of cardiac dysfunction, the amount of flow needed while
addressing the dysfunction, and the preferred implant approach. In
application, Impella is intended to increase the flow delivered by the
heart, which can potentially reduce the work of the heart and augment
coronary flow.
“Now, both cardiologists and surgeons can use the minimally invasive
Impella 5.0 and Impella LD devices for critical patients whose
conditions require high-flow circulatory support,” said Michael R.
Minogue, Chairman, President and Chief Executive Officer of Abiomed.
“This FDA clearance represents Abiomed’s ability to create new heart
support technologies and execute on the regulatory path. This is the
eighth FDA regulatory clearance or approval in the past four years.”
The Company will hold a brief 30-minute conference call at 8:30 a.m. ET
on April 23, 2009 to discuss the clearance of the Impella 5.0 and
Impella LD circulatory support devices. Michael R. Minogue, Chairman,
President and Chief Executive Officer of Abiomed, will host the
conference call.
To listen to the call live, please tune into the webcast via http://investor.abiomed.com
or dial 800.599.9816; the international number is 617.847.8705. The
access code is 54282866. A replay of this conference call will be
available beginning at 11:30 a.m. ET on April 23, 2009 through April 27,
2009. The replay phone number is 888.286.8010; the international number
is 617.801.6888. The replay access code is 16166003.
ABOUT ABIOMED
Based in Danvers, Massachusetts, Abiomed, Inc., is a leading provider of
medical devices that provide circulatory support to acute heart failure
patients across the continuum of care in heart recovery. Our products
are designed to enable the heart to rest, heal and recover by improving
blood flow and/or performing the pumping of the heart. For additional
information please visit: www.abiomed.com.
FORWARD-LOOKING STATEMENTS
This Release contains forward-looking statements, including statements
regarding development of Abiomed's existing and new products, the
Company's progress toward commercial growth, and future opportunities
and expected regulatory approvals. The Company's actual results may
differ materially from those anticipated in these forward-looking
statements based upon a number of factors, including uncertainties
associated with development, testing and related regulatory approvals,
including anticipated future losses, complex manufacturing, high quality
requirements, dependence on limited sources of supply, competition,
technological change, government regulation, future capital needs and
uncertainty of additional financing, and other risks and challenges
detailed in the Company's filings with the Securities and Exchange
Commission, including the Annual Report filed on Form 10-K and most
recently filed Quarterly Report on Form 10-Q. Readers are cautioned not
to place undue reliance on any forward-looking statements, which speak
only as of the date of this Release. The Company undertakes no
obligation to publicly release the results of any revisions to these
forward-looking statements that may be made to reflect events or
circumstances that occur after the date of this Release or to reflect
the occurrence of unanticipated events.
Source: Abiomed
Abiomed, Inc.
Aimee Maillett, 978-646-1553
Public Relations
Specialist
ir@abiomed.com