Abiomed cuts back and regroups:
This article was originally published in Clinica
Executive Summary
Danvers, Massachusetts-based Abiomed has shed 21 jobs, re-organised its operations and outsourced electronic component manufacturing operations to reserve funds for key programmes. The company wants to focus on completing development of and launching its AbioCor implantable heart, developing a new, smaller replacement heart, and developing add-ons to its BVS temporary heart assist device.