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ZOLL Medical (ZOLL) Receives FDA Approval to Market New LifeVest Model

August 25, 2009 8:20 AM EDT
ZOLL Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Down Down)

Revenue Growth %: +18.2%
ZOLL Medical Corporation (Nasdaq: ZOLL) has received approval from the FDA to market and sell a new model of the LifeVest(R) wearable defibrillator.

The LifeVest wearable defibrillator is worn by patients at risk for sudden cardiac arrest (SCA), allowing their physicians time to assess their long-term arrhythmic risk and make appropriate plans, including potentially the decision to implant a cardioverter defibrillator (ICD). The LifeVest is lightweight and easy to wear, allowing patients to return to their activities of daily living, while having the peace of mind that they are protected from SCA. Today over 2,000 patients are currently wearing the LifeVest.

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