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The Company manufactures, develops and markets medical devices used for circulatory support.
With the advent of the Heartmate II device, this company has the opportunity to win big in the left ventricular assist device category with a solid product offering. Although awaiting approval from the FDA, the company has the happy misfortune of being popular. The popularity of this device, in contrast to former devices, suggests that this one is a real winner. Thoratec in 2007!
Medicare is going to expand its coverage. This may result in DOUBLING of utilization of HM II devices! We'll know in April of 2007.
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