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Artificial Organs

Abiomed Receives Proposed National Coverage Decision from CMS for AbioCor(R) Total Replacement Heart

Published in Medical Letter on the CDC and FDA, February 24th, 2008

Abiomed Inc. (NASDAQ: ABMD) recently received a proposed National Coverage Decision (NCD) from the Centers for Medicare & Medicaid Services (CMS) for its AbioCor(R) Total Replacement Heart.

"This proposed decision is a positive development for the advancement of our AbioCor program in the United States," said Michael R. Minogue, Chairman, President and CEO of Abiomed. "This decision by CMS provides momentum towards making the technology available for chronic patients who require bi-ventricular support and have no other treatment options."

CMS proposed coverage with evidence development of artificial heart devices and also proposes to cover artificial...

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