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carmat (ALCAR) Details

Carmat SA designs and develops total artificial heart for people suffering from end-stage biventricular heart failure in France and internationally. It also develops orthotopic, bioprosthetic, self-regulating, and implantable systems, as well as power supply systems, and control and remote diagnosis systems. The company was founded in 2008 and is based in Vélizy-Villacoublay, France.

81 Employees
Last Reported Date: 03/13/19
Founded in 2008

carmat (ALCAR) Top Compensated Officers

CEO & Director
Total Annual Compensation: €4.8M
Compensation as of Fiscal Year 2018.
carmat
CARMAT Announces the Resumption of Production of Prostheses for the Pivotal Study

CARMAT announced the resumption of the production of prostheses for the PIVOTAL study. Following the analysis of information gathered from the experience accumulated with the first cohort of its PIVOTAL study and data recorded on test benches, CARMAT has implemented a number of changes to its manufacturing processes, including the transfer of all production activities to the Bois d’Arcy site, mainly to avoid a risk of malfunctions that could affect the electronic module of the prosthesis. The prostheses that will be used for patients in the second cohort of the PIVOTAL study will come exclusively from the Bois d’Arcy production site where the new procedures are now applied. of the third quarter of 2019, subject to prior approval from both the appropriate authorities in the 3 countries in which the second part of the PIVOTAL study has been authorized so far (Czech Republic, Denmark and Kazakhstan) and the ethical committees of the hospitals that are participating in the study. Once the second cohort (10 patients) has been completed, CARMAT will submit its clinical dossier to the DEKRA certification body with a view to obtain CE marking in 2020.

Carmat SA Presents at ESN European Conference, Apr-05-2019

Carmat SA Presents at ESN European Conference, Apr-05-2019 . Venue: Palais Brongniart, 16 Place de la Bourse, 75002, Paris, France.

CARMAT Reports Earnings Results for the Year Ended December 31, 2018

CARMAT reported earnings results for the year ended December 31, 2018. For the year, the company reported total operating income of EUR 722,000 against EUR 28,000 a year ago. Operating loss was EUR 42,766,000 against EUR 31,035,000 a year ago. Net loss was EUR 41,729,000 against EUR 29,228,000 a year ago.

 

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Valuation ALCAR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 12,942.2x
Price/Book 8.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 10,893.0x
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