Beginning Next Week: InsideCounsel will become part of Corporate Counsel. Bringing these two industry-leading websites together will now give you comprehensive coverage of the full spectrum of issues affecting today's General Counsel at companies of all sizes. You will continue to receive expert analysis on key issues including corporate litigation, labor developments, tech initiatives and intellectual property, as well as Women, Influence & Power in Law (WIPL) professional development content. Plus we'll be serving all ALM legal publications from one interconnected platform, powered by, giving you easy access to additional relevant content from other InsideCounsel sister publications.

To prevent a disruption in service, you will be automatically redirected to the new site next week. Thank you for being a valued InsideCounsel reader!


Abiomed acquires ECP

The acquisition of ECP by Abiomed will strengthen its IP portfolio of cardiac technologies

On July 1, Abiomed, Inc. announced its acquisition of Berlin-based medical device company ECP Entwicklungsgesellschaft mbH (ECP). ECP is in the process of developing a percutaneous catheter pump designed to increase blood circulation up to a flow rate of 4.5 liters a minute through an external drive shaft.

Already a leading provider of heart support technologies, Abiomed will strengthen its position with intellectual property focused on axial and expandable pump capabilities. With the acquisition of ECP, the company will continue to work on providing technologies and strategies for minimally invasive procedures during complex hemodynamic and percutaneous treatment.

Abiomed is known for its invention of the Impella pump, which is one of the smallest cardiac catheters containing the motor and pump inside the body. Thorsten Seiss, the inventor of the Impella device and the chief technology officer of Abiomed says, “The acquisition of ECP will assist in augmenting our existing intellectual property. Our goal is to continuously enhance the Impella platform with technological capabilities that best serve our customers and improve patient care.”


Related Articles:

How long will biotech continue to soar?

IP: Are bioscience patents worthwhile?

Top of mind: IP counsel discuss innovation, litigation and reform


This transaction will also lead Abiomed to acquire all outstanding shares of ECP from Syscore GmbH for approximately $13 million U.S. dollars (USD) in cash. Also, through ECP, Abiomed has acquired AIS GmbH Aachen Innovative Solutions for $2.75 million USD.

Future plans for Abiomed include the potential integration of ECP technology with the Impella platform to create the capability for a more cost efficient and smaller percutaneous technology.

The president and chief executive officer of Abiomed, Michael R. Minogue, states, "As the established leader in percutaneous heart pumps with deep relationships in cardiology, existing regulatory approvals, extensive IP, a solid pipeline and strong cash balance, this acquisition further strengthens our position as the long-term innovator and leader in the field of temporary ventricular assist devices.”

Contributing Author

author image

Jessica Liu

Jessica Liu is a sophomore at Haverford College, where she is majoring in political science. At InsideCounsel, she reports on news for the Women, Influence,...

Bio and more articles

Join the Conversation

Advertisement. Closing in 15 seconds.