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Carmat (ALCAR) - Back on track as pivotal study resumes

06:22 EDT 31 Jul 2017 | Edison Investment Research

Edison Investment Research - Pharmaceutical & healthcare - Carmat: Carmat resumed the EU pivotal trial of its artificial heart after addressing regulator concerns. We anticipate that the study could be completed in mid-2019, leading to a potential EU launch in 2020. The Carmat device could potentially fill a significant need among those waiting for human transplants and/or with terminal heart failure (HF) or acute myocardial infarction (MI). Our valuation is €627m, down from €747m previously.
ISIN: FR0010907956

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