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Thoratec Corp

 
Hoover's Profile: Thoratec Corporation
(NASDAQ (GS):THOR)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Thoratec Corporation
6035 Stoneridge Dr.
Pleasanton, CA 94588
CA Tel. 925-847-8600
Toll Free 800-456-1477
Fax 925-847-8571

Type: Public
On the web: http://www.thoratec.com
Employees: 1,209
Employee growth: 3.9%

Suffering from a broken heart? Thoratec's there for the rebound. The company makes ventricular assist devices (VAD) for patients suffering late-stage heart failure, including those awaiting a heart transplant. Thoratec offers external and implantable products that provide circulatory support for both acute and long-term needs. The company's International Technidyne Corporation (ITC) subsidiary sells blood coagulation diagnostic equipment and skin incision devices used for drawing blood. Thoratec also sells Vectra, a graft used in renal hemodialysis. The company works closely with hospitals and cardiac surgery centers primarily in the US and Europe.

Key numbers for fiscal year ending December, 2008:
Sales: $313.6M
One year growth: 33.6%
Net income: $22.5M
Income growth: 596.5%

Officers:
Chairman: Neil F. Dimick
EVP and CFO: David V. Smith
VP Technology and Product Development: Laxmi N. Peri

Competitors:
ABIOMED
Medtronic
World Heart

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