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Home > Company Index > Health Products & Services > Medical Instruments & Supplies > Thoratec Corporation

Thoratec Corporation
Nasdaq: THOR
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 NEWS FROM THE WIRES
Thoratec Corp. names Wayne Boylston CFO
Aug 06 2001 05:52 AM PDT

U.S. stocks slip further; Greenspan speaks
Jul 24 2001 08:43 AM PDT

Thoratec reports second-quarter loss
Jul 24 2001 06:10 AM PDT

More WIRE STORIES about this company

 PROFILE
Suffering from a broken heart? Thoratec's there for the rebound. The company makes artificial heart devices for patients awaiting a heart transplant. Its lead product, the FDA-approved Ventricular Assist Device (VAD), uses a blood pump, a console to activate the pump, and tubes linking the pump to the heart. The pump is worn outside the body, allowing for patient mobility. Thoratec is also developing HeartMate, an implantable heart-assist device. Other products include Aria (in clinical trials) and Vectra, small grafts used in hemodialysis and coronary artery bypass surgery. Thoratec bought its rival, Thermo Cardiosystems, and has a distribution pact with Guidant.

 COMPETITION
ABIOMED, Inc. (ABMD)
Arrow International, Inc. (ARRO)
World Heart Corporation (WHRT)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 30.40
1-Yr. Sales Growth: 35.1%
Employees: 183
Revenue per employee: $166,120.22

 KEY PEOPLE
• D. Keith Grossman
    CEO
• Cheryl D. Hess
    CFO

 CONTACT INFO
6035 Stoneridge Drive
Pleasanton, CA 94588
US
Phone: 925-847-8600
Fax: 925-847-8574
Online: Web Site

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