| Program
features interactive training course, available for preview at www.abiomed.com
DANVERS, Mass. (December 09, 2004) – ABIOMED,
Inc. (NASDAQ: ABMD) a manufacturer of products for circulatory care
and support, today announced the launch of a new education and support
program designed to promote heart recovery. The program combines
clinical training, web-based education, process improvement, and
field service.
"By providing clinical support and education on best practices
including early implantation, time on support, and reducing bleeding,
we can help our hospitals improve outcomes," said Michael R.
Minogue, CEO and President of ABIOMED. "Our goal is to give
our customers the tools they need to help acute patients recover
and go home with their own hearts."
The program includes web-based learning module developed by eTrinsic
that will enable clinical teams to be trained on the AB5000 and
BVS 5000 using an interactive course that simulates the clinical
experience. The course will also share the techniques and practices
that have been shown to promote survival and recovery at ABIOMED's
top centers. For instance, at the top 20% of centers in the company's
installed base, the survival rate for patients implanted with ABIOMED's
Ventricular Assist Devices (VADs) is greater than 50%.*
The courses are accredited and healthcare providers that successfully
complete the modules are eligible to receive continuing education
credits. Additional clinical modules on ABIOMED's products and a
general program designed to educate patients and families will be
available in the near future.
In addition, ABIOMED is offering its support program customers
an on-site productivity and best practices consult, a reimbursement
kit, and a media and marketing kit. The media and marketing kit
will provide hospitals with the tools necessary to educate audiences
including referring cardiologists, VAD coordinators, patients, families,
and health reporters on the addition of this life-saving technology.
The Best Practices consult will include an analysis of both clinical
and administrative practices, and offer solutions to optimize reimbursement,
improve processes and enhance patient outcomes.
About ABIOMED
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, which currently sells the BVS® 5000 Biventricular
Support System and the AB5000™ Circulatory Support System,
is the market leader in devices for the temporary support of patients
with failing but potentially recoverable hearts. In September 2004,
ABIOMED applied for initial FDA market approval for the AbioCor
Implantable Replacement Heart 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 development of ABIOMED's existing and new products,
the Company's progress toward commercial growth, and future
opportunities. 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, 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. 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.
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Media Contact:
Andrea tenBroek
Communications Specialist
(978) 646-1815
mediarelations@abiomed.com
Investor Relations Contact:
Jane Petrino
Euro RSCG Life NRP
(212) 845-4274
jane.petrino@eurorscg.com
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