some interesting news. 07:21 02Sep2005 DJ MARKET TALK: New Heart Guidelines May Benefit Thoratec 07:21 02Sep2005 DJ MARKET TALK: New Heart Guidelines May Benefit Thoratec
DJ MARKET TALK: New Heart Guidelines May Benefit Thoratec
10:21 (Dow Jones) Thoratec (THOR) shares on a roll this year, up nearly 60%. And the company could get another boost from new heart failure guidelines released by the American College of Cardiology and the American Heart Association, says analyst Jason Mills of First Albany. New guidelines recommend use of a ventricular assist device (VAD) system (which THOR makes) as destination therapy (permanent support therapy) for patients with end-stage heart failure that hasn't responded to treatment. "We believe the new ACC/AHA guidelines...will resonate with referring cardiologists and lead to higher VAD utilization," Mills writes. He also sees THOR as a potential M&A target within 18 months. Shares up 0.5% at $16.53. (DMR)
VCR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held