| DANVERS,
Mass. (May 5, 2004) -- ABIOMED, Inc., (NASDAQ:ABMD) today
announced the 13th implantation of the AbioCor® Implantable Replacement
Heart. The implant was performed on May 3 in Louisville, KY by a Jewish
Hospital/University of Louisville medical team led by surgeons Laman
Gray, M.D. and Rob Dowling, M.D.. The procedure went well and without
complication. The patient is recovering in critical but stable condition.
Consistent with ABIOMED's established policy for the AbioCor clinical
trial, no further patient information will be released at this time.
Additional information will be available when the clinical team
and the patient's family deem it is appropriate.
A product of three decades of research, the AbioCor is the subject
of an initial clinical trial that began when the first patient was
successfully implanted in July 2001. Candidates for the clinical
trial must suffer from biventricular heart failure, be ineligible
for heart transplantation and not able to be helped by any other
available therapy, and have a high probability of dying in less
than 30 days. ABIOMED has announced its intention to seek initial
FDA market approval this year for the AbioCor to treat a defined
subset of irreversible end-stage heart failure patients under a
Humanitarian Device Exemption.
This Release contains forward-looking statements, including
statements regarding future product development activities. ABIOMED’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, 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 detailed
in the Company’s filings with the Securities and Exchange
Commission. 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.
Based in Danvers, Massachusetts, ABIOMED, Inc. (pronounced
“AB’-EE-O-MED”) is a leading developer, manufacturer
and marketer of medical products designed to assist or replace the
pumping function of the failing heart. ABIOMED currently manufactures
and sells the AB5000™ Circulatory Support System and the BVS®
5000 Biventricular Support System for the temporary support of all
patients with failing but potentially recoverable hearts. The Company’s
AbioCor® Implantable Replacement Heart is the subject of an
initial clinical trial being conducted under an Investigational
Device Exemption from the United States Food and Drug Administration.
The AbioCor has not been approved for commercial distribution, and
is not available for use or sale outside of the initial clinical
trial.
###
Media Contact:
Andrea tenBroek
Communications Specialist
(978) 646-1419
mediarelations@abiomed.com
Investor Relations Contact:
Edward E. Berger, Ph.D.
Vice President for Policy, Reimbursement and External Relations
(978) 646-1411
ir@abiomed.com
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