| Danvers,
MA and Las Vegas, April 20, 2006—ABIOMED, Inc. (NASDAQ:
ABMD), today announced the showcase of its AB5000™ Circulatory
Support System at the American Society of Extra-Corporeal Technology’s
(AmSECT) 44th Annual International Conference. ABIOMED will occupy
booth #414 at the AmSECT Conference which is being held at the Flamingo
Hilton in Las Vegas from April 20-23.
The following key presentations are scheduled at the conference
on April 21, 2006:
- “Off-pump LVAD Supported Myocardial Revascularization
During Post Infarct Cardiogenic Shock (CS),” by Dr. Daniel
Raess, Director of the Cardiac Surgery Program at St. Francis
Hospital and Attending Staff at The Indiana Heart Hospital.
- “Improving Outcomes in Ventricular Assist Device Patients
Transferred from Spoke Hospitals and Converted to an Ambulatory
Device at Hub Hospitals,” by Dr. Mark Anderson, Associate
Professor of Surgery and Chief Section of Cardiac Surgery at Robert
Wood Johnson University Hospital in New Brunswick, New Jersey.
“ABIOMED continues to provide clinical experts with data
to increase recovery awareness and improve patient outcomes with
our Ventricular Assist Devices, which are designed for the most
desirable result—recovery of the function of their heart after
an acute heart failure event,” said Michael R. Minogue, Chairman,
President and Chief Executive Officer of ABIOMED. “We have
the exclusive labeling on circulatory support for cardiac recovery
and we are encouraged by the trend of favorable clinical data and
growing acceptance of the use of our devices following inotropic
and intra-aortic balloon pump support.”
To date, more than 8,000 patients worldwide have been supported
with these devices. Patients who have recovered included those suffering
from cardiogenic shock resulting from myocardial infarction, myocarditis,
postpartum cardiomyopathy, ventricular septal defect, refractory
arrhythmias, failed heart transplants, right ventricular assistance
with implantable LVAD (Left Ventricular Assist Device), and post
cardiotomy cardiogenic shock (PCCS). ABIOMED’s devices encourage
recovery and are easier to implant, utilizing cannulae inserted
through a small incision, rather than more traumatic bridge-to-transplant
devices that core the ventricles and require heart-lung machines
for implantation. The ABIOMED® AB5000™ System also allows
patients to walk with the support of the console, which helps recovery.
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 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. In Europe, ABIOMED offers the IMPELLA®
RECOVER® minimally invasive cardiovascular support systems under
CE Mark approval. The IMPELLA products are not yet available for
sale in the United States. The Company’s AbioCor® Implantable
Replacement Heart was the subject of an initial clinical trial 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. For additional information please visit:
www.abiomed.com.
Contacts:
Liza Heapes
ABIOMED, INC.
Media Relations
(978) 646-1668
mediarelations@abiomed.com
Daniel Sutherby
ABIOMED, INC.
Chief Financial Officer
(978) 646-1812
ir@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. 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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