Abiomed Announces Participation in AdvaMed's ''Profiles in Progress You Can See'' Events; Abiomed's Ventricular Assist Devices for Acute Heart Failure Recovery Highlighted in Capitol Hill Awareness Campaign.DANVERS, Mass. -- Abiomed, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ABMD ABMD areal bone mineral density ABMD AEGIS Ballistic Missile Defense (US Navy) ABMD Advanced Ballistic Missile Defense ) today announced its participation in the Advanced Medical Technology Association (AdvaMed) "Profiles in Progress You Can See" events on Capitol Hill. This educational awareness program was created to improve understanding about the value of medical technology. Abiomed's Ventricular Assist Devices ventricular assist device: see under heart, artificial. (VADs), which provide circulatory support for patients in acute heart failure, were among the advanced technologies highlighted during the Capitol Hill outreach and reception events. AdvaMed is the world's largest association representing manufacturers of medical devices, diagnostic products and medical information systems. "The AdvaMed Capitol Hill events featured patients who have benefited from technological innovations, such as Abiomed's heart recovery devices. We continue strive to increase awareness for the use of VADs to recover native heart function following acute failure. We are encouraged by the awareness these events generated to continue to grow the medical device industry as a whole," said Michael R. Minogue, Chairman, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President of Abiomed. The events included a photographic exhibit of 25 patients whose lives were positively affected by medical devices or diagnostics. Abiomed's technology has benefited patients around the world and was highlighted by a viral myocarditis Myocarditis Definition Myocarditis is an inflammatory disease of the heart muscle (myocardium) that can result from a variety of causes. While most cases are produced by a viral infection, an inflammation of the heart muscle may also be instigated by patient who recovered the native function of his heart following bi-ventricular circulatory support with an Abiomed VAD (Value Added Dealer) Same as VAR. . The photo exhibit also included Senator Mike Crapo (R-ID), Olympic gold Olympic Gold is the official video game of the XXV Olympic Summer Games, hosted by Barcelona, Spain in 1992. It was released for the Sega consoles, Mega Drive/Genesis and Master System, and Sega's handheld, Game Gear. medalist Bonnie Blair, NBA NBA abbr. 1. National Basketball Association 2. National Boxing Association NBA (US) n abbr (= National Basketball Association) → Basketball-Dachverband (= veteran Fred Hoiberg, former Senator and Presidential candidate Bob Graham (D-FL), and Miss America 1995 Heather Whitestone McCallum. These stories can be found at: www.progressyoucansee.org. AdvaMed member companies produce the medical devices, diagnostic products and health information systems that are transforming health care through earlier disease detection, less invasive procedures and more effective treatments. Its members produce nearly 90 percent of the health care technology purchased annually in the United States and more than 50 percent purchased annually around the world. ABOUT ABIOMED Based in Danvers, Massachusetts, Abiomed, Inc. 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(TM) Circulatory Support System and the BVS BVS Biblioteca Virtual em Saúde (Brazil) BVS Bureau of Vital Statistics BVS Brethren Volunteer Service (Church of the Brethren) BVS Boston Vegetarian Society (Cambridge, MA) (R) 5000 Biventricular Support System for the temporary support of all patients with failing but potentially recoverable hearts. In Europe, Abiomed offers the IMPELLA(R) RECOVER(R) minimally invasive cardiovascular support systems under CE Mark approval. The IMPELLA(R) 2.5 is an investigational device limited by Federal Law solely to investigational use in the United States. Other IMPELLA devices are not yet available for sale in the United States. The Company's AbioCor(R) Implantable Replacement Heart was the subject of an initial clinical trial under an Investigational Device Exemption An Investigational Device Exemption (IDE) allows the investigational device to be used in a clinical study in order to collect safety and effectiveness data required to support a Premarket Approval (PMA) application or a Premarket Notification [510(k)] submission to Food and from the United States Food and Drug Administration United States Food and Drug Administration (FDA), n.pr a unit of the Public Health Service created to protect the health of the nation against impure and unsafe foods, drugs, and cosmetics. . 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. 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 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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