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HeartWare International, Inc. |
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| Business Description: |
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HeartWare is a medical device company developing a family of implantable Left Ventricular Assist Devices ("LVADs") for the treatment of advanced heart failure. The company is listed on the Australian Securities Exchange. Company Profile |
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| HVADTM System |
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The HVADTM pump is a small centrifugal blood pump capable of generating up to 10 litres per minute of forward flow. The pump is designed to draw blood from the apex of the left ventricle and to propel it through an outflow graft connected to the patient's ascending aorta. The device is implanted above the patient's diaphragm within the pericardial space.
HeartWare's HVADTM System is currently the subject of both an international and a US clinical trial.
Patient enrolment in the international clinical trial has been completed. The company applied in September 2008 for CE Mark, which, when granted, will allow commercial sales of the System in Europe. CE Mark is expected in late 2008 or early 2009.
In May 2008 the US FDA granted HeartWare conditional approval to conduct a clinical tial in the United States. Enrolment in the US clinical trial comenced in August 2008 and is ongoing. The trial will enrol up to 150 patients across a maximum of 28 centres.
HVADTM System |
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| MVADTM System |
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The MVADTM Left Ventricular Assist Device is a development-stage axial flow ventricular assist device, approximately one third the size of the HVADTM device. The MVADTM pump is based on the same proprietary impeller suspension technology used in the HVADTM device, with its single moving part held in place through a combination of passive-magnetic and hydrodynamic forces. Like the HVADTM pump, the MVADTM pump is designed to support the heart's full cardiac output.
The MVADTM Device is currently in preclinical studies aimed at developing novel, less-invasive techniques for implanting the device. MVADTM System |
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| Shares on Issue: |
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310,356,839 (As of September 2008) Share Price Information |
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| Listings: |
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ASX Ticker Code: HIN
The company's securities trade on the ASX in the form of Chess Depository Interests (CDI's) |
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| Market Capitalisation: |
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$186 million (as at September 2008) |
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| Registered Office: |
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HeartWare International, Inc. Level 57, MLC Centre 19-29 Martin Place SYDNEY NSW 2000 AUSTRALIA Contact Us |
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| Board of Directors: |
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Robert Thomas (Non Executive Chairman) Seth Harrison (Non Executive Director) Douglas Godshall (Managing Director, Chief Executive Officer) Robert Stockman Director (Non Executive Director) Christine Bennett Director (Non Executive Director) Denis Wade Director (Non Executive Director) Timothy Barberich (Non Executive Director) Director Profiles |
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| Company Secretary: |
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David McIntyre |
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| Auditors: |
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Grant Thornton NSW |
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| Share Registry: |
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Computershare Investor Services Pty Limited Level 3 60 Carrington Street SYDNEY NSW 2000 AUSTRALIA Shareholder Services |