Thursday, December 19, 2019
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CARMAT sets sail for the United States

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CARMAT sets sail for the United States
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(AOF) – Carmat jumped more than 5% to 21.75 euros. The French medtech can afford to dream of America, its first potential global market. The company has announced that it has been approved by the Food and Drug Administration (FDA) to launch a feasibility study in the United States with its artificial heart, invented by Professor Alain Carpentier, who has no equivalent in the world. The protocol covers five eligible transplant recipients recruited from a network of seven leading US clinical centers.

The designer and developer of the total artificial heart project will submit the study documents to the Ethical Committees (IRBs) of the selected clinical sites and will be able to begin recruiting the study patients from the first IRB approval.

Recruitment will focus on patients eligible for transplantation with a better survival prognosis than those included in the feasibility study in France.

"This target of patients eligible for transplant seems to be leading the group towards the Bridge To Transplant market, while the initial ambitions were located in the Destination Therapy market, suffering from a greater medical need," said Invest Securities. .

Carmat's Managing Director, Stéphane Piat, said: "The conditional approval to initiate a US study marks a milestone for Carmat and the field of mechanical circulatory assistance in general.This approval demonstrates the FDA's confidence in our ability to conduct this feasibility study and reflects the great need for a safe and effective solution for patients with biventricular heart failure while waiting for a heart transplant ".

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Pharmacy – Health

In 2018, mergers and acquisitions in the sector were close to $ 200 billion, a significant increase over 2017. And 2019 begins strongly with the recovery by Bristol-Myers Squibb (BMS) of biotech specialist Celgene of oncology, for 74 billion dollars. Together, they give birth to a giant with $ 33.3 billion in sales, the world leader in oncology (62% of its turnover) and in cardiovascular diseases.

Acquisitions are multiplying in biotechnology in response to the need of "Big Pharma" to renew their products. More than 71% of drugs in clinical development last year are from biotech, according to the American trade union, BIO. The Japanese Takeda has acquired the Irish Shire, for 81.7 billion dollars. For its part, Eli Lilly bought the biotech Loxo Oncology for $ 8 billion, just after GSK got hold of another American biotech, Tesaro.

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https://www.capital.fr/entreprises-marches/carmat-met-le-cap-sur-les-etats-unis-1350113

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