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Scandinavian Real Heart (HEART) investor relations material
Scandinavian Real Heart Status update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Product innovation and patient-centric design
Developed a patient-focused artificial heart with lighter, quieter, and more user-friendly external units compared to current market leaders.
Device mimics natural heart function with dual pumps and integrated sensors, automatically adjusting to patient needs.
Unique features include a single external cable, longer battery life, and proof of concept for wireless charging.
Demonstrated significant reduction in blood damage and hemolysis compared to competitors.
Clinical interface and software allow real-time monitoring and adjustment by physicians.
Market opportunity and competitive landscape
Addressing a global heart failure market with 64 million patients, focusing on the 1.6 million with severe biventricular failure.
Estimated annual need for artificial hearts in EU and USA is 25,000, rising to 35,000 by 2030.
Market potential estimated at $34 billion, with device cost around $220,000.
Main competitors include Syncardia, CarMat, and BioVacore, but current solutions have drawbacks in weight, noise, and patient quality of life.
Preclinical progress and regulatory pathway
Achieved FDA Humanitarian Use Device Designation, enabling a faster regulatory route in the US.
Ongoing preclinical studies include blood tests, endurance tests, and animal trials, with milestones such as seven-day survival in sheep.
Collaborations with leading academic institutions for objective product testing and validation.
Focus on meeting regulatory requirements for both US and EU markets, with plans for CE marking.
- TimeTickerHeadlineOpen
- 7 Feb514167
Quarterly and nine-month results reflect solid revenue, profit, and compliance with new labour codes. - 7 FebMGL
Strong revenue growth offset by lower margins and profit; interim dividend declared. - 7 FebPGIL
Strong revenue and margin growth, with India set for further expansion and upgraded ratings. - 7 Feb504614
Strong revenue and profit growth in Q3 FY26, led by power and steel segments. - 7 FebCHEMPLASTS
Net losses widened and revenue fell year-over-year amid regulatory and market headwinds. - 7 FebSBIN
Q3 FY26 net profit reached ₹21,028.15 crore, driven by robust income and strategic divestments. - 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand. - 6 FebBR
Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%.
Next Scandinavian Real Heart earnings date
Next Scandinavian Real Heart earnings date
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