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  September 5, 2001
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Home > Company Index > Health Products & Services > Medical Instruments & Supplies > World Heart Corporation

World Heart Corporation
Nasdaq: WHRT
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 PROFILE
Two hearts might be better than one -- or at least World Heart hopes so. World Heart has the rights to an artificial heart developed by the Ottawa Heart Institute. The HeartSaver VAD (ventricular assist device) can be implanted within the chest cavity next to the natural heart. Through the Transcutaneous Energy Transfer (TET) system, electric power is used to monitor and control the heart. Once approved, this device could be used as a long-term support or as a temporary support while awaiting a transplant. The company is currently testing HeartSaver on cows. World Heart bought Edwards Lifesciences' VAD unit, Novacor (maker of a left ventricular assist system). CEO Roderick Bryden owns about a fifth of the firm.

 COMPETITION
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3.10
1-Yr. Sales Growth: 3,000.0%
Employees: 205
Revenue per employee: $15,121.95

 KEY PEOPLE
• Roderick M. Bryden
    CEO
• Ian W. Malone
    CFO

 CONTACT INFO
1 Laser St.
Ottawa Ontario K2E 7V1, Canada
Phone: 1-613-226-4278
Fax: 1-613-226-4744
Online: Web Site

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