Carmat SA 2016 Annual Report
Company: Carmat SA
Sector: Manufacturing
Country: France
Year: 2016
Type: Annual Report
Pages: 79
The report describes CARMAT's 2016 transition from feasibility work to the pivotal study and CE-marking preparation, following a €50 million capital increase. The pivotal study began in August but was suspended after the first patient died following battery mishandling; CARMAT said the prosthesis functioned correctly. The company had 56 employees at December 31, 2016 and reported zero revenue while remaining in clinical development.
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