Overall impact
C (57)

Commentary

Abiomed is an average overall performer. With a 'C' rating of 56.6 for overall impact (55th percentile compared to all companies), Abiomed ranks 114th out of 155 industry peers, behind American Shared Hospital Services, Accuray, Avinger and 110 others, and ahead of Hologic, Bioventus, Shenzhen Mindray Bio-Medical and 38 others. On top material causes for Abiomed's industry (Healthcare Equipment), Abiomed performs poorly in Racial Justice and Civil Rights (31.3 score), Conflict Free Mineral Production (11.3), Disaster Readiness and Effective Aid (39.1) and 1 other cause where it received a 'D' or 'F' score. Abiomed did not receive an 'A' rating on any cause.
Impact
Cause ABMD
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Company
Founded
1981
Employees
2,003
Sector
Health Care
Industry
Health Care Equipment & Supplies
Sub-industry
Health Care Equipment
SASB industry
Medical Equipment & Supplies
Headquarters
Ma, United States
Share classes
ABMD
Mission
Dedicated to finding ways to bring the most advanced and beneficial heart technology to patients and physicians.
Description
Abiomed, Inc. engages in the research, development, and sale of medical devices to assist or replace the pumping function of the failing heart. It also provides a continuum of care to heart failure patients. The company offers Impella 2.5, a percutaneous micro heart pump with integrated motor and sensors; and Impella CP, a device for use by interventional cardiologists to support patients in the cath lab, as well as by cardiac surgeons in the heart surgery suite. It also provides Impella 5.0, Impella LD, and Impella 5.5, which are percutaneous micro heart pumps with integrated motors and sensors for use primarily in the heart surgery suite; Impella RP, a percutaneous catheter-based axial flow pump; Impella SmartAssist platform that includes optical sensor technology for improved pump positioning and the use of algorithms that enable improved native heart assessment during the weaning process; Impella Connect, a cloud-based technology that enables secure and remote viewing of the automated Impella controller for physicians and hospital staff; and OXY-1 System, a portable external respiratory assistance device. In addition, the company is developing Impella ECP, a pump for blood flow of greater than three liters per minute; Impella XR Sheath, a sheath that expands and recoils allowing small bore access and closure with Impella heart pumps; Impella BTR, a percutaneous micro heart pump with integrated motors and sensors; and preCARDIA, a catheter-mounted superior vena cava therapy system designed to rapidly treat acutely decompensated heart failure. Abiomed, Inc. sells its products through direct sales and clinical support personnel in Germany, France, the United States, Japan, Europe, Canada, Latin America, the Asia-Pacific, and the Middle East. The company was founded in 1981 and is headquartered in Danvers, Massachusetts. As of December 22, 2022, Abiomed, Inc. operates as a subsidiary of Johnson & Johnson.
Material causes
Ethos considers the following causes material for Abiomed, based on its industry sub-industry Health Care Equipment. Learn more about material causes in our methodology overview.

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