Investorideas.com | big ideas for the small cap investor- One of the first online investor resources providing research tools for renewable energy, water and Homeland Security Investing Search www.investorideas.com
   Member Access       Sign-up       Listings        Stock Directories       Research       Cleantech       Tech Newsletter         Headlines        Video       New Ventures   




International Small Cap Company Implants First Artificial Heart in Human Patient

Ideas get bigger when you share them...    Repost This

January 21, 2014 (www.investorideas.com newswire) In the space of six months, a longer-term artificial heart has gone from speculation to reality. Carmat SAS (EPA:ALCAR), an international small cap company, implanted their first artificial heart in a 75-year-old man in France as part of a test to explore how well the heart will work. The heart, which may be able to run continuously for up to five years, offers unique technology that may even allow patients to return to a normal lifestyle. The Carmat heart is self-regulating, so that blood flow is changed based on the recipientís current needs. Other artificial hearts beat at a constant rate and are only designed as "placeholders" until a suitable donor heart can be found for transplant patients.

Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner

This test, which will look at how long the heart can survive in a human subject, may determine much about the future of artificial heart technology. For example, the Carmat heart uses cow tissue in conjunction with mechanical parts to reduce the risk of clotting. As we mentioned last time we covered the subject, using biological matter at body tissue contact points could be a "game-changer."

Extensive human testing must be done before the technology is approved. Pending approval, Carmatís artificial heart is likely to cost between $191,000 and $246,000. ALCAR closed January 20th at $107.68, down $2.82, with a market cap of $439.69 million. Its 52-week trading range is $96.50 - $159.25.

Previously, we covered a list of small cap stocks from companies that have created or are working on bridge-to-transplant heart pumps, which can help a patientís heart continue beating until a suitable donor can be found or as an alternative to a heart transplant. One such company, HeartWare International, Inc * (Nasdaq:HTWR), based in Framingham, MA, has created the HeartWare Ventricular Assist Device, or HVAD, capable of pumping up to 10 liters of blood a minute. Because it can be implanted adjacent to the heart, patients can avoid the abdominal surgery typically required to implant a heart pump. In December 2013, HeartWare acquired Circulite, Inc, which produces the Synergy Circular Support System, designed for less sick, ambulatory chronic heart failure patients. HTWR closed January 20th at $101.26, down $0.70, with a market cap of $1.67 billion. Its 52-week trading range is $69.31 - $105.84.

Minneapolis, MN-based Vascular Solutions, Inc (Nasdaq:VASC) is a small cap company that creates medical devices for doctors, including interventional cardiologists. They manufacture catheters, hemostat products and vein products all designed to help doctors treat patients with heart problems. In September 2013, the company surpassed 30,000 reprocessed ClosureFAST vein ablation catheters, helping to reduce medical waste and lower costs for U.S. vein clinics. VASC closed January 20th at $24.33, up $0.22, with a market cap of $411.34 million. Its 52-week trading range is $13.92 - $24.75.

Advanced technology in artificial organs is well on its way to becoming a reality. However, it could be years or even decades before artificial organs using biological material are routinely used. In the meantime, small cap tech firms operating in the cardiac intervention and transplant market may have a very promising future. Health care investors may be interested in watching this sector in the future.

* Denotes a client of Allen & Caron, publisher of this blog.

More Info:

This news is published on the Investorideas.com Newswire and its syndicated partner network

Publish Your News - Send a release
News now!

Get Free investor news and stock alerts: Sign up here

Published at the Investorideas.com Newswire - Big ideas for Global Investors

Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp

BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.


Investorideas.com Newswire

Mobile Alerts - Get the Investorideas.com newswire mobile app for iPhone or Android smartphone



Free News Alerts
Email:  




TOP

Investor Ideas © 2000 - 2014 InvestorIdeas.com®, ECON

Free Investor Stock Alerts
Sign up here

login | logout | about us | contact | disclaimer / disclosure |
advertise | company profile directory | partners / links |
job search | privacy policy | trade | services | sitemap |