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Artificial Hearts

Company addresses possible reimbursement for VentrAssist LVAS

Published in Medical Devices and Surgical Technology Week, November 7th, 2004

Ventracor, Ltd., (VCR), said there was evidence the cost of its artificial heart devices used in its pending U.S. clinical trials would be fully reimbursed and there was potential for reimbursement at some European centers for the current CE Mark trial.

Addressing the second annual Australian Biotechnology Expo at the Australian Stock Exchange in Sydney, Australia, Ventracor's Business Development and Clinical Director and the co-inventor of its VentrAssist left ventricular assist system (LVAS), Dr John Woodard, said:

"With our trial for European approval now well underway and recruitment proceeding very well, we are looking to begin our U.S....

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