Asia Business News | Monday, July 21, 2008
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  HEARTWARE LIMITED Company Summary  
HeartWare is developing a family of proprietary circulatory assist devices to treat patients with congestive heart failure. HeartWare's lead device, the HVAD, commenced human clinical trials in March 2006. First sales are anticipated in late 2007. With a volume of 45cc, the HVAD is the smallest "3rd generation" pump and the only full output device implantable within the pericardial space.

In parallel with the HVAD clinical development, HeartWare is pursuing its MVAD program, aimed at developing a family of miniaturized cardiac assist devices, implantable by minimally invasive surgical techniques. The current MVAD prototype, approximately one tenth the volume of the HVAD, commenced animal studies in August 2005.

HeartWare listed on the Australian Stock Exchange (ASX: HTW) on 31 January 2005 after successfully raising A$32.4 million (US$24.95 million). HeartWare's Head Office is located in Sydney, Australia.
   COMPANY DATA  
Company Headquarters Suite 2, Level 46, 2 Park Street SYDNEY NSW 2000 
Company Telephone +61 2 8215 7600 
Company Fax +61 2 8215 7650 
Company Principal Sector Health & Pharm 
Company Principal Industry Healthcare 
Company Listed 31 Jan 2005 
Company Homepage www.heartware.com
 
   MARKETS  
Stock Exchange Stock Code
  ASX:HTWHTW
ZOBEXHDW
 PINK:HWRLFHWRLF
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