Abiomed, Inc.

Cardiovascular device firm reports 47% increase in revenues

Published in Health Insurance Week, August 29th, 2004

Abiomed, Inc., (ABMD) released financial results for the first quarter of fiscal year 2005 ended June 30, 2004, and commented on significant highlights of the quarter and recent weeks.

"Overall, we are pleased with our performance but not satisfied," said CEO and president Michael R. Minogue. "We have several new processes and people ramping up in every role, from sales to product development and from engineering to operations. I am very proud of this team's ability to perform during major changes in the organization, and while we conducted in-depth reviews of every program, person, and priority.

"This is a testament to the team that David Lederman...

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Source: Health Insurance Week (2004-08-29)

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