Abiomed Inc

Overview

Abiomed Inc (Abiomed) develops, manufactures and markets novel technologies and is a provider of mechanical circulatory support devices that replace or assist the pumping function in a failing heart. The company’s heart support and recovery product portfolio include Impella heart pumps (catheter-based devices including micro heart pumps, expandable catheter pumps and axial flow pumps) and Breethe system (implantable cardiac and respiratory assist devices). Abiomed also offers online clinical support through Impella Connect, on-call assistance and on-site assistance for health workers in hospitals. The company sells its products through direct sales and distributors in South America, Europe, Asia and the Middle East. Abiomed is headquartered in Danvers, Massachusetts, the US.
Key Stats
Address
22 CHERRY HILL DR, DANVERS, Massachusetts
Headquarters

United States of America

Contact

1 978 7775410

Website
www.abiomed.com
No of Employees

1,725

Industry

Medical Equipment

Ticker Symbol & Exchange​

ABMD [NASD]

Revenue (2021)

$848 m

0.9% (2021 vs 2020)
Net Income (2021)

$226 m

11.3% (2021 vs 2020)
Net Profit Margin

27 %

10.2% (2021 vs 2020)
Market Cap *

$17,008 m

EPS *

$4.9

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Abiomed IncAbbott LaboratoriesMedtronic PlcBoston Scientific Corp
Key Information
Headquarters United States of America United States of America Ireland United States of America
Headquarter City DANVERS ABBOTT PARK DUBLIN MARLBOROUGH
Headquarter State/Province Massachusetts Illinois - Massachusetts
No. of Employees 1,725 109,000 90,000 38,000
Entity Type Public Public Public Public

Products & Services

Abiomed is a global technology company which provides medical devices for circulatory support and oxygenation support. The company’s major products include the following:

Products
  • Impella 2.5 Catheter
  • Impella CP heart pump
  • Impella 5.0 and Impella LD Percutaneous Micro Heart Pumps
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Brands
  • Abiomed Breethe
  • Impella 2.5
  • Impella 5.0
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Charles Simonton, M.D Chief Medical Officer; Vice President Senior Management 2020 - Mr. Charles Simonton serves as Vice President and Chief Medical Officer of the company since 2020. Prior to this, he...
Seth Bilazarian, M.D. Chief Medical Officer Senior Management 2020 - Dr. Seth Bilazarian is the Chief Medical Officer of Abiomed since 2020. He joined the company in 2015. Dr. Seth,...
Todd A. Trapp Chief Financial Officer; Vice President Senior Management 2018 49 Mr. Todd A. Trapp has been the Chief Financial Officer and Vice President of the company since April 2018. Prior...
David M. Weber, Ph.D. Chief Operating Officer Senior Management 2007 58 Dr. David M. Weber has been the Chief Operating Officer of the company since 2007. Prior to this, he served...
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History

Year Event Description
2021 Financing Agreements In March, the company along with other investors invested US$7 million in BurnAlong.
2021 Acquisitions/Mergers/Takeovers In June, the company acquired precardiac Inc, a developer of technologies for the treatment of…
2020 Regulatory Approval In June, the company received approval from the US FDA for the first-in-human trial of…
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2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Abiomed Limited

Address

WIRA House, Suite 3, West Park Ring Road, Leeds
United Kingdom

Telephone

44 113 2305009

Abiomed SARL

Address

118-122 avenue de France, Paris
France

Telephone

33 1 461400

Abiomed Europe GmbH

Address

Neuenhofer Weg 3, Aachen
Germany

Telephone

49 241 8860000

Website

www.abiomed.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
01 Jun 2021 Abiomed Acquires preCARDIA Acquisition Abiomed Inc preCARDIA Inc
02 Mar 2021 BurnAlong Secures USD7 Million in Series A Funding Venture Financing Macks Managed Investments LLC; Sheba Medical Center; Johnson and Johnson, Inc.; Medtronic Plc; Boston Scientific Corp; CR2 Ventures; Intermountain Healthcare Inc; Sean Glass; Philips Oy; Samsung SDS America Inc; Nikon Corp; DM Wellness; Trisib Capital Partners, LLC; Cardinal Health Inc; Abiomed Inc; TriVentures L.P.; Steve Altschuler BurnAlong Inc
29 Apr 2020 Abiomed Acquires Breethe Acquisition Abiomed Inc Breethe, Inc.
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26 Oct 2018 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

186

Active Jobs

66

Posted

55

Closed

Job Trends

Latest Jobs

Job title Company Country
Sr. IT Application Programmer/Analyst - Mfg Systems Abiomed Inc United States
Senior Product Development Engineer I Abiomed Inc United States
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
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