Abiomed Inc. (ABMD) is a leading provider of temporary mechanical circulatory support devices. The company focuses on developing, manufacturing and marketing proprietary products that are designed to enable the heart to rest, heal and recover. Besides the established business model and good products currently on the market, Abiomed’s future devices are also very interesting. This might be the reason why its valuation is now quite high. Nevertheless, the company has a huge market potential and might be an interesting candidate in your investment portfolio.
Abiomed on numbers
Abiomed’s main driver of revenue growth