EADS

French Company Building Artificial Human Heart Plans IPO

France's Carmat, a company that is building an entirely artificial human heart, is planning an initial public offering on the Alternext market of NYSE-Euronext Paris in June. The company, co-founded by renowned French heart surgeon Alain Carpentier, is leveraging the aerospace industry's expertise in modeling, stress testing, miniaturization and design for severe environments as well as the latest advances in software, medicine, biology and materials science. Click to read the story and see the video. Read more

French Artificial Heart Company Carmat Raises 33 Million Euros

 CARMAT SAS, a Paris-based start-up developing an artificial heart for use in late-stage heart failure, announced that the European Commission has authorized the French state innovation agency Oséo to award €33 million in funding to its R&D program on the implantable device and the associated electrical supply and telediagnostic system. CARMAT SAS is leading the project, with support from four key industrial partners: Vignal Artru Industries (VAI), PaxiTech, Dédienne Santé and HEF R&D.Read more

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