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Home » Heartware seen as attractive asset, despite Q1 sales miss
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Heartware seen as attractive asset, despite Q1 sales miss

May 5, 2016
By Amanda Pedersen
Heartware International may be an unintended beneficiary of the proposed mega-merger between Abbott Laboratories and St. Jude Medical Inc., according to at least one analyst. Jason Mills, of Canaccord Genuity Inc., said in a research note the deal is positive for Heartware because it creates a more level playing field in the left ventricular assist device (LVAD) market and it will make Heartware a more attractive asset for other players looking to compete against the combined Abbott-St. Jude entity across the cardiovascular space.
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