ABIOMED Company Description
ABIOMED is no heartless company. On the contrary, it helps troubled hearts regain their vigor with its BVS 5000 and AB5000 ventricular assist devices. The FDA-approved products temporarily take over the heart's pumping function and improve circulatory flow in patients with acute heart failure, thus allowing their hearts to rest and recover. The company has also developed a battery-powered, implantable replacement heart system called AbioCor, which has received Humanitarian Device Exemption approval from the FDA. The device can be used to extend life for dying patients who aren't eligible for a heart transplant. ABIOMED markets its products through both a direct sales force and distributors.
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The Company Description provides a historical perspective of ABIOMED's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of ABIOMED's evolution in the marketplace.
