HeartWare International, Inc. (HTWR)

[cjgaddy]

4-5-13: Leerink Swann Calls HVAD Failure “One-Off Event”…

4-5-13: ”Analyst Calls Heartware (HTWR) Device Failure One-Off Event”
http://www.streetinsider.com/Analyst+Comments/Analyst+Calls+Heartware+(HTWR)+Device+Failure+One-Off+Event/8236273.html

This morning shares of Heartware Int'l (NASDAQ: HTWR) declined following reports from the FDA MUADE database that a Heartware HVAD patient passed away after the device suddenly stopped working.
Commenting on developments, analyst Danielle Antalffy of Leerink Swann said,
"While this is a serious event, we are inclined to view it as an isolated case given the HVAD's extensive use in Europe - where it has been commercially available since 2009 - without similar instances reported. And while a detailed EU adverse event database similar to MAUDE doesn't exist, we believe that any widespread instances of device failure would've been brought to light given that the community of VAD implanting surgeons is small and well-connected."
Leerink Swann has an Outperform rating on Heartware Int'l.

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4-5-13: HVAD Malfunction Led to Death, FDA Reports… “After the patient changed the battery in the left ventricular assist device, power dropped and blood flow fell…”
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86505411