PARIS--(BUSINESS WIRE)--Regulatory News:
CARMAT (FR0010907956, ALCAR) (Paris:ALCAR), the designer and developer of the world’s most advanced artificial heart project, aiming to provide a therapeutic alternative for people suffering from end-stage biventricular heart failure, announces that it will be participating in the 36th annual meeting of the ISHLT - International Society for Heart & Lung Transplantation, one of the world’s largest forums in this field, which will take place in Washington DC (USA) from April 27 to 30, 2016.
At the event, CARMAT will exhibit and present a functioning bioprosthetic heart during individual appointments already scheduled with a number of European and American opinion leader cardiologists and surgeons, who will thus be able to enhance their knowledge and understanding of CARMAT’s technology.
“We are honored and delighted to have this opportunity to share our project’s progress and breakthroughs with international specialists. Our technology has been the subject of much enthusiasm following the completion of the feasibility study”, commented Dr. Piet Jansen, CARMAT’s Medical Director.
About CARMAT: the world’s most advanced total artificial heart project
A credible response to end-stage heart failure: CARMAT aims to eventually provide a response to a major public health issue associated with heart disease, the world’s leading cause of death: chronic and acute heart failure. By pursuing the development of its total artificial heart, CARMAT intends to overcome the well-known shortfall in heart transplants for the tens of thousands of people suffering from irreversible end-stage heart failure, the most seriously affected of the 20 million patients with this progressive disease in Europe and the United States.
The result of combining two types of unique expertise: the medical expertise of Professor Carpentier, known throughout the world for inventing Carpentier-Edwards® heart valves, which are the most used in the world, and the technological expertise of Airbus Group, world aerospace leader.
Imitating the natural heart: given its size, the choice of structural materials and its innovative physiological functions, CARMAT’s total artificial heart could, assuming the necessary clinical trials are successful, potentially benefit the lives of thousands of patients a year with no risk of rejection and with a good quality of life.
A project leader acknowledged at a European level: with the backing of the European Commission, CARMAT has been granted the largest subsidy ever given to an SME by Bpifrance; a total of €33 million.
Strongly committed, prestigious founders and shareholders: Airbus Group (Matra Défense), Professor Alain Carpentier, the Centre Chirurgical Marie Lannelongue, Truffle Capital, a leading European venture capital firm, and the thousands of institutional and individual shareholders who have placed their trust in CARMAT.
For more information: www.carmatsa.com
This press release and the information it contains is not intended to constitute and should not be construed as an offer to sell or a solicitation to buy or subscribe to any Carmat securities, in any jurisdiction. Any public offering of securities would be made by means of a prospectus approved by the French financial market authority (the Autorité des marchés financiers) that contains detailed information about Inside Secure.
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This document is not for publication or distribution, directly or indirectly, in or into the United States. This document does not constitute or form part of an offer of securities for sale or solicitation of an offer to purchase securities in the United States, Canada, Australia, Japan or in any other jurisdiction where such offer may be restricted. The Carmat securities referred to in this press release have not been, and will not be, registered under the US Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from registration or in a transaction not subject to the registration requirements of the Securities Act. There will be no public offering of Carmat securities in the United States.
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ISIN code: FR0010907956