- The FDA has granted breakthrough device designation to Abiomed Inc’s (NASDAQ:ABMD) Impella ECP expandable percutaneous heart pump.
- Abiomed designed the Impella ECP heart pump to be compatible with small-bore access and closure techniques. It measures 3 mm in diameter when inserted and removed from the body.
- It expands in the heart to support its pumping function and provides a flow greater than 3.5 L/min.
- Abiomed’s breakthrough device designation follows the FDA’s premarket approval of its Impella RP right heart pump in June.
- Related content: Benzinga’s Full FDA Calendar.
- Price Action: ABMD shares are up 1.34% at $332.97 during the market session on the last check Wednesday.
Raymond James Downgrades First Community to Market Perform
Raymond James analyst William Wallace downgrades First Community (NASDAQ:FCCO) from Outperform to Market Perform.