Abiomed jumps on massive VA order for Impella pumps
A new Veterans Administration contract for Impella heart pumps could boost Abiomed's revenues by 20%.
Massachusetts-based Abiomed (NSDQ:ABMD) won a lucrative 5-year contract to provide its flagship Impella heart pumps to the Veterans Administration, a deal that could boost the medical device maker's revenue by 20%.
Abiomed can provide Impella to about 170 VA medical facilities, more than 40 Defense Dept. hospitals and other federal agencies via an automated online system, according to a company statement.