BNET Industries
Market Cap:$1.6B
Last Fiscal Year Sales:$234.7M
- Public
- US
Dow Jones Description
Thoratec Corporation (we, our, us, or the Company) is the world leader in mechanical circulatory support with a product portfolio to treat the full range of clinical needs for advanced heart failure patients. We develop, manufacture and market proprietary medical devices used for circulatory support. We also develop, manufacture and market point-of-care diagnostic test systems and skin incision products. Our business is comprised of two operating divisions: Cardiovascular and International Technidyne Corporation (ITC), a wholly owned subsidiary. For advanced heart failure (HF), our Cardiovascular division develops, manufactures and markets proprietary medical devices used for mechanical circulatory support (MCS). Our primary product lines are our ventricular assist devices (VADs): the Thoratec Paracorporeal Ventricular Assist Device (PVAD), the Thoratec Implantable Ventricular Assist Device (IVAD), the HeartMate Left Ventricular Assist System (HeartMate XVE), and the HeartMate II Left Ventricular Assist System (HeartMate II). We refer to the PVAD and the IVAD collectively as the Thoratec product line and we refer to the HeartMate XVE and the HeartMate II collectively as the HeartMate product line. The PVAD, IVAD, HeartMate XVE and HeartMate II are approved by the U.S Food and Drug Administration (FDA) and Conformite Europeene (CE) Mark approved in Europe. ...
Number of Employees 1,110
Contact Information
6035 Stoneridge Dr
Pleasanton, California 94588-3270
(925) 847-8600
Peer Companies
NAICS Code Electromedical and Electrotherapeutic Apparatus Manufacturing: 334510
Recent Events
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Thoratec THOR Releases Data for HeartMate II Pivotal Trial
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Barrington Research Initiates Coverage on Thoratec THOR with an Outperform
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Market Report -- Short Stories THOR
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Thoratec Reports 14 Percent Growth in Cardiovascular Division Sales as Third Quarter Revenues Increase Nine...
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Wells Fargo Initiates Coverage on Thoratec Corp. THOR with an Outperform; Expectations For 2009 Appear...
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Thoratec Reports 20 Percent Growth in Second Quarter Cardiovascular Division Revenues as Overall Sales Increase...
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UPDATE 2-Thoratec drops effort to buy HeartWare
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Thoratec Isn't Heartbroken
News & Analysis
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thoratec corp. - All News and Analysis
Bulls Charge Thoratec Pre-Earnings
Seeking Alpha
- 2009-10-29
optionMONSTER submits: by David Russell Medical device maker Thoratec THOR started the session down 13 percent in the last month, but some traders think it still has a pulse. by optionMONSTER
FDA Calendar Updates: NeurogesX, Thoratec
Seeking Alpha
- 2009-08-06
Mike Havrilla submits: Below is a summary of updates to the BioMedReports.com FDA Calendar, which includes a database of 288 entries as of 8/5/09. I originally created the calendar to track companies with pending new drug, biological agent, or medical device new product decisions at the FDA. With the launch...
Thoratec Corp. Q2 2009 Earnings Call Transcript
Seeking Alpha
- 2009-08-05
Earnings Call ExcerptThoratec Corp. THOR Q2 2009 Earnings Call August 05, 2009 4:30 pm ET Executives David Smith - EVP and CFO Gary Burbach - President and CEO Larry Cohen - President of our ITC Division Analysts Suraj Kalia - SMH Capital Taylor Harris - JPMorgan Jason Mills...
Thoratec Corp. Q2 2009 Earnings Call Transcript
Seeking Alpha
- 2009-08-05
Thoratec Corp. THOR Q2 2009 Earnings Call August 05, 2009 4:30 pm ET
Why I'm Closing Thoratec
Seeking Alpha
- 2009-06-15
Trader Mark submits: I perused charts this weekend looking for new ideas, I saw a limited amount of stocks below their 20, 50, and 200 day moving averages. For well-traded stocks (200K daily volume) over $10, with a market cap over $300M... there were less than 200 - unfortunately a...
Thoratec Corporation Q1 2009 Earnings Call Transcript
Seeking Alpha
- 2009-05-11
Question-and-Answer SessionOperator Operator instructions We will take the first question from Mimi Pham with JMP Securities. Mimi Pham – JMP Securities Hi good morning, good afternoon. Gary Burbach Hi, Mimi. Mimi Pham – JMP Securities Can you just clarify your CAP with 30 patients, are you through the end...
FDA, Clinical Trial Calendar Updates: Thoratec, Allos Therapeutics
Seeking Alpha
- 2009-04-21
Mike Havrilla submits: Below is a summary of updates to the BioMedReports.com database of over 200 entries included in the FDA and Clinical Trial Calendars. The FDA Calendar includes companies with pending new drug, biological agent, or medical device new product decisions at the FDA sorted by their PDUFA decision...
Thoratec Corporation Q4 2008 Earnings Call Transcript
Seeking Alpha
- 2009-02-17
Question-and-Answer SessionOperator Operator Instructions Your first question comes from the line of Taylor Harris - JPMorgan. Taylor Harris - JPMorgan Tell me as you think about 2009, how we should think about the progression off of what was a good quarter here in the fourth quarter if we...
Thoratec's HeartWare Acquisition May Miss a Beat
Seeking Alpha
- 2009-02-17
Trader Mark submits:Thoratec THOR made an acquisition Friday, in which it stated would impair earnings through 2011.Heart device maker Thoratec Corp. said Friday it agreed to buy HeartWare International Inc. of Australia for $282 million in cash and stock. Pleasanton, Calif.-based Thoratec said half the price will be paid in...
Apple's (the Stock) Best Days May be Behind It - Try Thoratec Instead
Seeking Alpha
- 2009-01-13
Timothy Lutts submits: Today's first topic is Steve Jobs, Apple and [[AAPL]]. Steve Jobs, of course, is the man at the head of the company. Apple is the company itself. And [[AAPL]] is the stock. by Timothy Lutts
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