HeartWare’s management is hopeful that its HVAD will help improve its fortunes in 2016.
HeartWare, one of the two major makers of left ventricular assist devices sold in the United States, has had a tough year. The company announced a slew of recalls, including an alarm battery failure and the potential for damage to the driveline connector. In October, its main competitor, Thoratec, was acquired by large cardio company St. Jude Medical. HeartWare has had to defend itself against urgings from an activist investor to end its proposed acquisition of Valtech Cardio.
