Leerink makes MedTech picks for 2014

Leerink is out with some commentary on the MedTech space.

Investors should "focus on companies with growth acceleration and/or upside surprise potential independent of (or at least less dependent on) a macroeconomic recovery [or, alternatively,] a higher and increasing percentage of sales derived from end-markets exhibiting above-average growth," Leerink says.

Not surprisingly, the LVAD device market gets a mention, with Heartware (HTWR) recommended by name (remember, they just snapped up CircuLite which some think can compete with SSH's C-Pulse).

Other names mentioned by Leerink: Covidien (COV) for neurovascular and energy devices; Stryker (SYK) for neurovascular and robotics; St. Jude's Medical (STJ) and JNJ for atrial fibrillation; Intuitive Surgical (ISRG).

Thoratec (THOR) gets an LVAD mention as well, which is interesting considering Leerink's recent commentary on the NEJM manuscript which discussed possible thrombus formation with the HeartMate II.

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Comments (2)
  • jvcguest
    , contributor
    Comments (30) | Send Message
    Isn't Circulite's Synergy, snapped up, as noted above, by Heartware, just a poor man's C-Pulse without any of the latter's advantages? Presumably it could be made to match SSH's C-Pulse in price which is about 40 per cent of an LVAD but that doesn't even begin to get over the disadvantage of, in particular, not matching Sunshine Heart's product's freedom from clotting danger. I note that the Circulite product is well behind in the testing phases and that HWR is only going to pay more than peanuts for it contingently on various favourable developments. Isn't this all a reason for investing for the long term in SSH while it is 20 per cent off its recent issue price - on low volume. (I have been holding and increasing my holdings in SSH for 8 years and am very happy with management and the direction and achievement of technical progress).
    17 Dec 2013, 06:44 PM Reply Like
  • tuliptown
    , contributor
    Comments (1561) | Send Message
    SSH is loosing money. Will they turn positive soon or need to dilute?
    18 Dec 2013, 05:44 AM Reply Like
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