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Abiomed, Inc.

Device firm reports loss of $0.11 per share

Published in Lab Business Week, July 3rd, 2005

Abiomed, Inc., (ABMD) released financial results for its fiscal year ended March 31, 2005 ("fiscal 2005") and commented on significant highlights of the most recent 12 months.

"We are pleased with our results for FY'05 but not satisfied. We remain committed to our mission of saving lives, leading in technology and innovation, creating shareholder value and having a winning culture," said Michael R. Minogue, CEO and president of Abiomed.

"We have made significant progress in each of these objectives. With the acquisition of Impella, we are now positioned to become the global leader that recovers, supports, and replaces failing hearts," he said.

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