FDA approves Abiomed's
device to treat cardiac shocks
Send a link to a friend
[April 08, 2016]
(Reuters) - The U.S Food and Drug Administration approved Abiomed
Inc's heart pump to treat patients who suffer cardiac shock after heart
attack or heart surgery, sending its shares up about 4 percent in
Cardiac shock is a life-threatening emergency condition where the
heart is suddenly unable to pump enough blood and oxygen to support
the body's vital organs. The condition is rare, but is often fatal
if not treated immediately.
The most common cause of the shock is damage to the heart muscles
from a severe heart attack. On an average, only about 7 percent of
people who have heart attacks develop the condition, according to
the National Institutes of Health.
Abiomed's Impella heart pumps were first approved earlier in 2008 to
maintain blood flow through the body during heart surgeries.
Impella had worldwide sales of about 81 million for the quarter
ended Dec. 31. That accounted for about 94 percent of the company's
total revenue in the third quarter.
Abiomed's shares were trading up 4 percent at $99.90 after the bell.
(Reporting by Rosmi Shaji in Bengaluru; Editing by Shounak Dasgupta)
[© 2016 Thomson Reuters. All rights
Copyright 2016 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.