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Biotech / Medical : World Heart Corp - WHRT and TSE/WHT
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To: Mindshare who wrote (278)6/27/1999 9:03:00 PM
From: Dan Hamilton  Read Replies (1) of 500
 
Mindshare: Thanks very much for your impressions on the conference. Certainly WHT does look like a buy at these levels. Did Apex Medical or Abiomed or others present data as well?

I'm curious why you say that the market potential doesn't look too exciting for these devices. According to SG Cowen's Annual Cardiology Device Update, the estimated spending on Congestive Heart Failure in the U.S. alone is about $30 - $35 billion annually. The American Heart Association says that about 16,000 patients under the age of 55 could benefit from a transplant - the initial targets for implantable VADs.
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