Medical Design and Outsourcing

  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Contract Manufacturing
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • Med Tech Resources
    • Subscribe to Print Magazine
    • DeviceTalks Tuesdays
    • Digital Editions
    • eBooks
    • Manufacturer Search
    • Medical Device Handbook
    • MedTech 100 Index
    • Podcasts
    • Print Subscription
    • The Big 100
    • Webinars / Digital Events
    • Whitepapers
    • Video
  • 2022 Leadership in MedTech
    • 2022 Leadership Voting!
    • 2021 Winners
    • 2020 Winners
  • Women in Medtech

These medtech stocks performed the best in 2020

January 15, 2021 By Sean Whooley

Abiomed

Share price on Dec. 31, 2019: $170.59

Share price on Dec. 31, 2020: $324.20

Change: +90%

 

Circulatory support device maker Abiomed (NSDQ:ABMD) executed one of the most jawdropping market maneuvers in 2020, almost doubling its per-share price in a year where most companies seemed to have to fight to keep their stocks level.

Danvers, Mass.-based Abiomed, like several others, played its part in the pandemic, with its Impella heart pump finding another purpose in the treatment of COVID-19.

In June, the company announced that it received FDA emergency use authorization (EUA) for its Impella RP for use with COVID-19-related right heart failure. A couple of months later, Abiomed confirmed that the FDA had offered another authorization, this time covering Impella in providing left ventricular unloading, supporting COVID-19 patients who are undergoing extracorporeal membrane oxygenation (ECMO) treatment and develop pulmonary edema or myocarditis.

Meanwhile, business plugged along for the company, as it continued to beat Street projections and made moves in M&A, purchasing  Breethe and its novel extracorporeal membrane oxygenation (ECMO) system back in April.

In October, the FDA granted a 510(k) clearance for Abiomed’s Breethe OXY-1 system — which among other things could help treat people with severe cases of COVID-19. Just last month, Abiomed announced that it treated the first two patients with its Abiomed Breethe OXY-1.

Growth like Abiomed’s over the course of 2020 is hard to ignore, making 2021 an intriguing prospect for where the company goes from here.

Next>>

Pages: 1 2 3 4 5 6 7 8 9 10 11

Related Articles Read More >

BinaxNow COVID-19 Ag Card
FDA issues new COVID-19 testing guidance to avoid false negatives
FDA logo
FDA’s breakthrough medical device designations tally nears 700
A portrait of Lifecore Biomedical CEO Jim Hall
Lifecore Biomedical’s owner plans to go all-in on contract development and manufacturing
A lateral flow assay test for measuring COVID-19 immunity
COVID-19 immunity test developers at MIT seek diagnostic manufacturer

DeviceTalks Weekly.

August 12, 2022
DTW – Medtronic’s Mauri brings years of patient care to top clinical, regulatory, scientific post
See More >

MDO Digital Edition

Digital Edition

Subscribe to Medical Design & Outsourcing. Bookmark, share and interact with the leading medical design engineering magazine today.

MEDTECH 100 INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.
DeviceTalks

DeviceTalks is a conversation among medical technology leaders. It's events, podcasts, webinars and one-on-one exchanges of ideas & insights.

DeviceTalks

New MedTech Resource

Medical Tubing

Enewsletter Subscriptions

Enewsletter Subscriptions

MassDevice

Mass Device

The Medical Device Business Journal. MassDevice is the leading medical device news business journal telling the stories of the devices that save lives.

Visit Website
MDO ad
Medical Design and Outsourcing
  • MassDevice
  • DeviceTalks
  • MedTech100 Index
  • Medical Tubing + Extrusion
  • Medical Design Sourcing
  • Drug Delivery Business News
  • Drug Discovery & Development
  • Pharmaceutical Processing World
  • R&D World
  • About Us/Contact
  • Advertise With Us
  • Subscribe to Print Magazine
  • Subscribe to E-newsletter
  • Attend our Monthly Webinars
  • Listen to our Weekly Podcasts
  • Join our DeviceTalks Tuesdays Discussion

Copyright © 2022 WTWH Media, LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media LLC. Site Map | Privacy Policy | RSS

Search Medical Design & Outsourcing

  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Contract Manufacturing
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • Med Tech Resources
    • Subscribe to Print Magazine
    • DeviceTalks Tuesdays
    • Digital Editions
    • eBooks
    • Manufacturer Search
    • Medical Device Handbook
    • MedTech 100 Index
    • Podcasts
    • Print Subscription
    • The Big 100
    • Webinars / Digital Events
    • Whitepapers
    • Video
  • 2022 Leadership in MedTech
    • 2022 Leadership Voting!
    • 2021 Winners
    • 2020 Winners
  • Women in Medtech