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January 7, 2013
13:45 EDTHTWRHeartWare says Q4 revenue reflects positive launch trends
The company said, "These results reflect positive initial trends in the commercial launch of the HeartWare Ventricular Assist System in the U.S., as approximately 40 percent of fourth quarter revenues were derived from domestic sales. In addition, we remain optimistic about long-term global market growth prospects and HeartWare's role in stimulating that growth. This sentiment is bolstered by our observed revenue growth of approximately 40 percent in the fourth quarter over the fourth quarter of 2011, and approximately 33 percent growth in full-year 2012 revenues over 2011."
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