Thoratec Corp (NASDAQ:THOR)

33.60
Data as of Apr 17
 -0.32 / -0.94%
Today’s Change
29.91
Today|||52-Week Range
43.58
-8.20%
Year-to-Date
SECTOR
Health Technology
INDUSTRY
Medical Specialties
MARKET CAP
$1.9B

Company Description

Thoratec Corp. develops, manufactures and markets proprietary medical devices used for circulatory support. The company's products include the HeartMate LVAS and Thoratec VAD, with more than 20,000 devices implanted in patients suffering from heart failure. It also manufactures and markets the CentriMag and PediMag/PediVAS product lines. Its ventricular assist devices products primarily serve patients suffering from late-stage heart failure. Heart Failure is a chronic disease that occurs when degeneration of the heart muscle reduces the pumping power of the heart, causing the heart to become too weak to pump blood at a level sufficient to meet the body's demands. The company operates its business through one segment: Cardiovascular group. The Cardiovascular group is organized and operates to develop and manufacture mechanical circulatory products to support the cardiovascular systems of humans. Thoratec was founded in March 1976 and is headquartered in Pleasanton, CA.

Contact Information

Thoratec Corp.
6035 Stoneridge Drive
Pleasanton California 94588
P:(925) 847-8600
Investor Relations:
(925) 738-0047

Employees

Shareholders

Mutual fund holders49.18%
Other institutional44.35%
Individual stakeholders21.56%

Top Executives

Gerhard F. BurbachPresident, Chief Executive Officer & Director
Taylor C. HarrisCFO, VP & Senior Director-Investor Relations
David A. LehmanSecretary, Senior Vice President & General Counsel
Neil R. MeyerDirector-Investor Relations

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