September 19, 2017 3:45 PM ET

Healthcare Equipment and Supplies

Company Overview of HeartWare Inc.

Company Overview

HeartWare Inc. develops implantable blood pumps for the treatment of advanced heart failure. It offers HeartWare LVAD System, a left ventricular assist device that is an alternative therapy in selected patients who are not candidates for cardiac transplantation. HeartWare Inc. was formerly known as Perpetual Medical, Inc. and changed its name to HeartWare Inc. in July 2003. HeartWare Inc. was founded in 2003 and is based in Miami Lakes, Florida. The company operates as a subsidiary of Medtronic plc.

14400 NW 60th Avenue

Miami Lakes, FL 33014

United States

Founded in 2003

69 Employees





Key Executives for HeartWare Inc.

Chief Scientific Officer and Executive Vice President
Age: 54
Senior Vice President, Regulatory and Quality
Age: 66
Senior Vice President Sales and Marketing
Age: 49
Compensation as of Fiscal Year 2017.

HeartWare Inc. Key Developments

HeartWare Inc. Recalls HVAD Pumps

HeartWare Inc. is recalling the HVAD pumps due to a design problem with the driveline connector. The driveline is a tube that connects the HVAD's pump to the external controller and power source. Contamination of the driveline may result in fluid or other material entering the pump and causing electrical issues or pump stops that may lead to serious adverse health consequences, including death. This recall affects all HVADs with serial numbers lower than HW25838, Product Codes 1103 and 1104, manufacturing dates: March 17, 2006 to June 27, 2016. 105 units have been recalled in the U.S.

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Recent Private Companies Transactions

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