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Abiomed Announces AB5000(R) Portable Circulatory Support Driver



    Abiomed, Inc. (NASDAQ: ABMD) today announced that it has developed
    a new Portable Circulatory Support Driver for both in-hospital and
    out-of-hospital patients. The Portable Driver is designed to support
    Abiomed´s AB5000(R) Ventricular Assist Device (VAD).

    The combination of Abiomed´s new Portable Driver and its
    FDA-approved AB5000 VAD provides support of acute heart failure
    patients. In many cases, profound shock patients require biventricular
    support (both sides of the heart). The AB5000 can assume the pumping
    function of a patient´s failing heart, allowing the heart to rest,
    heal and potentially recover. AB5000 is designed to provide either
    uni-ventricular or bi-ventricular support. Abiomed also announced
    today that it has received FDA labeling approval of one year bench
    reliability for its AB5000 VAD, which is expected to complement the
    Portable Driver reliability.

    "My experience with the AB5000 Circulatory Support System has been
    excellent in treating over 30 patients with support duration of up to
    40 days," said Louis Samuels, M.D., FACS Surgical Director Heart
    Failure and Transplant, Director Artificial Heart & Ventricular Assist
    Device Program, Lankenau Hospital. "The new Portable Driver is
    lightweight and quiet, demonstrates reliable performance, and has the
    potential to improve patient care while lowering costs to hospitals."

    "There is a clinical need to provide patients requiring VAD
    support a greater degree of mobility during treatment aimed at
    myocardial recovery," said John V. Conte, M.D., Associate Director of
    Cardiac Surgery, Associate Professor of Surgery, Director of the Heart
    and Lung Transplantation, Director of the Ventricular Assist Device
    Program, Johns Hopkins Hospital. "The expected durability of this
    portable driver is a nice match with the AB5000 VAD and could provide
    an integrated and effective solution for patients requiring
    uni-ventricular or bi-ventricular support."

    Abiomed´s Portable Driver is a powerful bi-ventricular system
    which delivers the pressures and vacuums equivalent to Abiomed´s
    AB5000 console and its recently approved iPulse(TM) console, at only
    18 pounds in weight. Internal testing of the Portable Driver and the
    AB5000 Ventricle has demonstrated high reliability. This testing
    showed that the Portable Driver is capable of providing full support
    for a year´s intended use. The unit is expected to require low
    maintenance, approximately every 5,000 hours of operation, which is
    estimated to be three times longer than existing portable consoles
    that weigh twice as much. Abiomed´s Portable Driver was designed with
    the latest smart battery technology for extended power capability and
    the quiet operation of the Portable Driver provides for minimal
    disruption of the patient´s quality of life at-home or while in care
    centers.

    In addition to providing an advanced clinical option for heart
    centers, Abiomed´s Portable Driver is expected to be cost-effective
    for hospitals. Procedures are supported with associated in-hospital
    Medicare reimbursement that range from approximately $80,000 to
    $171,000 per patient stay, with the additional potential for direct
    console cost reimbursement per patient discharged.

    Abiomed´s Portable Driver has not yet been approved by the U.S.
    Food and Drug Administration (FDA). The Company plans to pursue an
    investigational device exemption (IDE) to conduct a discharge study,
    which is expected to be submitted in early calendar 2008. Daniel
    Goldstein, M.D., Associate Professor, Department of Cardiothoracic
    Surgery, Albert Einstein College of Medicine, Director, Cardiac
    Transplantation and Mechanical Assistance Programs, Co-Director,
    Center for Advanced Cardiac Therapy, Montefiore Medical Center, is the
    principal investigator for the study. "I am excited to begin this
    study as this new device shows the potential to provide an additional
    alternative for heart failure patients to improve their quality of
    life while we focus on heart recovery," said Dr. Goldstein.

    The AB5000 VAD is also approved in Europe under CE-mark and has
    supported patients for up to 312 days. Abiomed expects to start
    supporting patients with the Portable Driver in Europe in its fiscal
    fourth quarter ended March 31, 2008 with CE-mark approval. Outside of
    the U.S., the AB5000 is used as a bridge-to-recovery (BTR) and
    bridge-to-transplant (BTT) device, and the Portable Driver is expected
    to greatly enhance the Company´s BTT market opportunity.

    "The physicians still treat many bi-ventricular patients and want
    the flexibility to discharge," said Michael R. Minogue, Chairman, CEO
    and President of Abiomed. "From a business perspective, we believe the
    Portable Driver will increase the utilization of our AB5000
    disposables at heart centers globally."

    Abiomed´s AB5000 has FDA approvals for all acute heart failure
    indications. The current installed base of Abiomed´s AB5000
    Circulatory Support System, prior to the announcement of this Portable
    Driver and Abiomed´s iPulse combination console, is comprised of
    greater than 50% of the 119 U.S. transplant hospitals and greater than
    22% of the 866 U.S. open heart hospitals.

    ABOUT ABIOMED

    Based in Danvers, Massachusetts, Abiomed, Inc. is a leading
    provider of medical devices that provide circulatory support to acute
    heart failure patients across the continuum of care in heart recovery.
    Our products are designed to enable the heart to rest, heal and
    recover by improving blood flow and/or performing the pumping of the
    heart. For additional information please visit: www.abiomed.com.

    FORWARD-LOOKING STATEMENTS

    This Release contains forward-looking statements, including
    statements regarding development of Abiomed´s existing and new
    products, the Company´s progress toward commercial growth, and future
    opportunities. The Company´s actual results may differ materially from
    those anticipated in these forward-looking statements based upon a
    number of factors, including the Company´s ability to provide the FDA
    with the additional information it has requested, the results of the
    Company´s pivotal study, uncertainties associated with development,
    testing and related regulatory approvals, anticipated future losses,
    complex manufacturing, high quality requirements, dependence on
    limited sources of supply, competition, technological change,
    government regulation, future capital needs and uncertainty of
    additional financing, and other risks and challenges detailed in the
    Company´s filings with the Securities and Exchange Commission,
    including the risk factors contained in the Company´s Annual Report
    filed on Form 10-K and recently filed Form 10-Q. Readers are cautioned
    not to place undue reliance on any forward-looking statements, which
    speak only as of the date of this Release. The Company undertakes no
    obligation to publicly release the results of any revisions to these
    forward-looking statements that may be made to reflect events or
    circumstances that occur after the date of this Release or to reflect
    the occurrence of unanticipated events.