The beat goes on

The maker of implantable artificial heart gets FDA approval, and a man profiled in FSB passes away.

By Patricia B. Gray and Carlye Adler, FSB Magazine

(FSB Magazine) -- When we last visited Abiomed, the maker of the first fully implantable artificial heart had been dealt a tough blow by an FDA advisory panel, which recommended that the company's AbioCor not be approved.

But after Abiomed developed a new methodology that aims to decrease the chance of stroke, the FDA relented this September, allowing as many as 4,000 of the mechanical hearts to be sold each year in the U.S. Still, the FDA expects that far fewer candidates than that will meet the strict standards for receiving an AbioCor. --PATRICIA B. GRAY

Just days after FSB went to press with the last issue, we learned that Jim Kahrs, 79, the founder of Osage Catfisheries ("Caviar From the Heartland," October 2006), passed away after a massive heart attack. Kahrs's sons, Pete and Steve, will continue to operate the company. "He'll come back and haunt us if we don't," says Steve. --CARLYE ADLER  Top of page

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.