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French artificial heart maker CARMAT receives a financial boost

Aims to reach an annual production capacity of 500 artificial hearts

16-Oct-2023

Key points from article :

CARMAT secures €7 million in funding to extend its cash runway into early 2024

The company anticipates a rise in European sales, projecting €4-6 million in revenue for the latter half of 2023

CARMAT's Aeson artificial heart implants have reached a steady pace of one per week

The company aims to expand production capacity to 500 artificial hearts annually by the end of 2023

CARMAT is actively exploring additional financing options to meet its operational and investment needs through 2024

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Carmat

Vision to become the primary alternative to heart transplants with the implementation of our Total Artificial Heart

Topics mentioned on this page:
Investments, Artificial Organs
French artificial heart maker CARMAT receives a financial boost