The number of HeartMate II implants shipped has increased from 506 in 2006 to 3,149 in 2011. The share of those being used for DT has grown to 40% in 2011 from 20% in 2009.
"We've set a goal for the VAD (Ventricular Assist Device) market to approach 10,000 implants by 2015, which would imply strong upper-teens growth," said Gary Burbach, President and CEO of Thoratec. "HeartMate II should drive that growth across a broad range of geographies and in particular through development of the Destination Therapy opportunity, where Thoratec is investing heavily in efforts to increase awareness of this important therapy."http://news.investors.com/business-the-new-america/073112-620403-thoratec-heartmate-pump-destination-therapy.htm?p=full
Read More At IBD: http://news.investors.com/business-the-new-america/073112-620403-thoratec-heartmate-pump-destination-therapy.htm#ixzz2Csa6pigX
HIN Price at posting:
$2.47 Sentiment: LT Buy Disclosure: Held