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Press Release:

SynCardia Wins Copper Cactus Award for Innovation
and Two Best in Biz Awards

Best in Biz Awards Include: Product of the Year – Gold Winner, Executive of the Year – Silver Winner

 

Michael Garippa, SynCardia Chairman/CEO/President, was honored as the Silver winner for “Executive of the Year” by the 2012 Best in Biz Awards.Michael Garippa, SynCardia Chairman/CEO/President, was honored as the Silver winner for “Executive of the Year” by the 2012 Best in Biz Awards.

TUCSON, Ariz. – Nov. 29, 2012 – SynCardia Systems, Inc., manufacturer of the world's first and only FDA, Health Canada and CE (Europe) approved Total
Artificial Heart, announced today that it has been honored with three awards in
November.

Best in Biz Awards, announced Nov. 12

  • Best New Product of the Year
    Gold Winner: Freedom® portable driver
    The Freedom portable driver is the world’s first wearable power supply for the SynCardia temporary Total Artificial Heart. Weighing 13.5 pounds, the Freedom portable driver allows stable Total Artificial Heart patients who meet discharge criteria to wait for a matching donor heart at home and in their communities instead of in the hospital.
     
  • Executive of the Year
    Silver Winner: Michael Garippa, SynCardia Chairman/CEO/President
    Although many companies in the mechanical circulatory support industry are struggling to be profitable, SynCardia’s implants, revenue and profit for the first 9 months of 2012 have exceeded the company's best 12-month totals to date. In 2012, SynCardia is on track to achieve nearly 500% growth over 2009 thanks to Mr. Garippa’s leadership.
The Freedom® portable driver, the world's first wearable power supply for the SynCardia temporary Total Artificial Heart, was named the Gold winner for “Best New Product of the Year” by the 2012 Best in Biz Awards.The Freedom® portable driver, the world's first wearable power supply for the SynCardia temporary Total Artificial Heart, was named the Gold winner for “Best New Product of the Year” by the 2012 Best in Biz Awards.

Winners were selected from more than 400 entries by an independent panel of 32 judges from top-tier news, business and technology publications, broadcast outlets and analyst firms, including ABC, Businessweek, Entrepreneur, Forbes, FOX News and USA Today.

Copper Cactus Awards, announced Nov. 13

  • Nextrio Innovation through Technology Winner
    As part of the Copper Cactus Awards presented by the Tucson Chamber of Commerce, SynCardia was honored for exceptional innovation through technology for its Freedom portable driver.

Since 2011, SynCardia has been honored with more than a dozen prestigious awards for its accomplishments in the fields of business, medicine and technology, including being ranked #20 among the "World's 50 Most Innovative Companies" by Fast Company Magazine and among "America's Most Promising Companies" by Forbes Magazine.

The Freedom portable driver is CE approved for use in Europe and undergoing an FDA-approved Investigational Device Exemption (IDE) clinical study in the U.S.

CAUTION – The Freedom portable driver is an investigational device, limited by United States law to investigational use.

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SynCardia Systems, Inc. in Tucson, Arizona is the privately-held owner and manufacturer of the world's first and only FDA, Health Canada and CE approved Total Artificial Heart for use as a bridge to transplant for people suffering from end-stage biventricular heart failure in which both ventricles can no longer pump enough blood for a person to survive.

More than 1,350 implants of the SynCardia Total Artificial Heart accounts for over 400 patient years of life on the device. Since January 2011 more than 400 SynCardia Hearts have been implanted.

The youngest patient to receive a SynCardia Heart was 9 years old; the oldest was 76 years old. The longest a patient has lived with a SynCardia Heart was nearly four years (1,374 days) before receiving a successful donor heart transplant Sept. 11, 2011.

SynCardia Systems also manufactures the Freedom® portable driver, which powers the SynCardia Heart while allowing clinically stable patients to leave the hospital to live at home and in their communities. The wearable Freedom driver has been used by more than 200 patients, accounting for over 120 years of support

 

Media Contact:
Don Isaacs
Vice President of Communications
SynCardia Systems, Inc.
Cell: (520) 955-0660

 

*The SynCardia temporary Total Artificial Heart was formerly known as the
SynCardia temporary CardioWest™ Total Artificial Heart.

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