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Abiomed to Hold Fireside Chat at the Stephens Annual Investment Conference 2020

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Abiomed, Inc. (NASDAQ: ABMD) announced that CEO Michael R. Minogue will participate in a fireside chat at the virtual Stephens Annual Investment Conference on November 18, 2020, at 9:00 am ET. The company specializes in heart support technologies, aiming to improve blood flow and reduce cardiac workload. For further details about Abiomed's initiatives and progress, visit www.abiomed.com.

Positive
  • CEO Michael R. Minogue's participation in a reputable investment conference could enhance visibility and investor interest.
  • Abiomed's focus on innovative heart support technologies positions it well in a growing market.
Negative
  • Dependence on Impella products for all revenues may pose risks if market dynamics change.
  • Potential delays in obtaining regulatory approvals could impact product commercialization and sales growth.

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 Stephens Annual Investment Conference 2020 (virtual) on Wednesday, November 18, 2020 at 9:00am 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

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

When will the Abiomed CEO participate in the investment conference?

Michael R. Minogue will hold a fireside chat at the virtual Stephens Annual Investment Conference on November 18, 2020, at 9:00 am ET.

What is Abiomed's main product line?

Abiomed specializes in heart support technologies, particularly the Impella product line, which aids in improving blood flow.

What are the risks associated with Abiomed's business model?

Abiomed's business model faces risks such as dependence on Impella products and challenges in obtaining regulatory approvals for new products.

Where can I find more information about Abiomed?

Additional information about Abiomed's products and initiatives can be found on their official website at www.abiomed.com.

Abiomed, Inc.

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