STOCK TITAN

Abiomed to Hold Fireside Chat at the Piper Sandler 32nd Annual Virtual Healthcare Conference

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

DANVERS, Mass.--Abiomed, Inc. (NASDAQ: ABMD) announced that CEO Michael R. Minogue will participate in a fireside chat at the Piper Sandler 32nd Annual Virtual Healthcare Conference on December 3, 2020, at 8:30 AM ET. As a leader in heart support technologies, Abiomed specializes in medical devices that enhance blood flow and allow the heart to rest. This event marks an opportunity for the company to share insights on its products and market strategy.

Positive
  • Participation in a prominent healthcare conference could enhance visibility among investors and industry professionals.
Negative
  • Dependence on Impella products for all revenue may present significant risk if market conditions change.

DANVERS, Mass.--()--Abiomed, Inc. (NASDAQ: ABMD), a leading provider of breakthrough heart support technologies, today announced that Michael R. Minogue, Chairman, President and Chief Executive Officer, will hold a fireside chat at the Piper Sandler 32nd Annual Virtual Healthcare Conference on Thursday, December 3, 2020 at 8:30am ET.

ABOUT ABIOMED

Based in Danvers, Massachusetts, Abiomed, Inc. is a leading provider of medical devices that provide circulatory support. Our products are designed to enable the heart to rest by improving blood flow and/or performing the pumping of the heart. For additional information, please visit: www.abiomed.com.

FORWARD-LOOKING STATEMENTS

This release contains forward-looking statements, including, without limitation, statements regarding development of Abiomed's existing and new products, the company's progress toward commercial growth, and future opportunities and expected regulatory approvals. All statements, other than statements of historical facts, may be forward-looking statements. These forward-looking statements may be accompanied by such words as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “potential,” “project,” “target,” “should,” “likely,” “will” and other words and terms of similar meaning. The company's actual results may differ materially from those anticipated in these forward-looking statements based upon a number of factors, including, without limitation: the scope, scale and duration of the impact of the COVID-19 pandemic, the company’s dependence on Impella® products for all of its revenues; the company’s ability to successfully compete against its existing or potential competitors; the acceptance of the company’s products by cardiac surgeons and interventional cardiologists; long sales and training cycles associated with expansion into new hospital cardiac centers; reduced market acceptance of the company’s products due to lengthy clinician training process; the company’s ability to effectively manage its growth; the company’s ability to successfully commercialize its products; the company’s ability to obtain regulatory approvals and market and sell its products in certain jurisdictions; enforcement actions and product liability suits relating to off-label uses of the company’s products; unsuccessful clinical trials or procedures relating to products under development; the company’s ability to maintain compliance with regulatory requirements; the failure of third-party payers to provide reimbursement of the company’s products; the company’s ability to increase manufacturing capacity to support continued demand for its products; the company or its vendors’ failure to achieve and maintain high manufacturing standards; the failure of the company’s suppliers to provide the components the company requires; the company’s ability to expand its direct sales activities into international markets; the outcome of ongoing securities class action litigation relating to our public disclosures, the company’s ability to integrate acquired companies into its operations and other risks and challenges detailed in the company's filings with the Securities and Exchange Commission (the “SEC”), including the most recently filed Annual Report on Form 10-K and the filings subsequently filed with or furnished to the SEC. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this release. Unless otherwise required by law, 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.

Contacts

For further information please contact:

Todd Trapp
Vice President and Chief Financial Officer
978-646-1680
ttrapp@abiomed.com

Sarah Karr
Communications Manager
978-882-8211
skarr@abiomed.com

FAQ

What is the significance of Michael R. Minogue's participation in the Piper Sandler conference for Abiomed?

Michael R. Minogue's participation in the Piper Sandler conference could enhance Abiomed's visibility and provide insights into its market strategy and product offerings.

When will the fireside chat with Abiomed's CEO take place?

The fireside chat with Abiomed's CEO will take place on December 3, 2020, at 8:30 AM ET.

What does Abiomed specialize in?

Abiomed specializes in heart support technologies and medical devices designed to improve blood flow and support heart function.

How can investors benefit from attending the Piper Sandler conference?

Investors can gain insights into Abiomed's strategic direction and product developments, which may inform their investment decisions.

Abiomed, Inc.

NASDAQ:ABMD

ABMD Rankings

ABMD Latest News

ABMD Stock Data

17.18B
44.19M
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
US
Danvers