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Thoratec Announces Development Agreement With WiTricity for Proprietary Energy Transfer Technology
Date:5/10/2011

0;By precisely matching and controlling the resonant frequencies of the two coils, the system enables energy to be transferred safely, with minimal loss to extraneous or off-resonant objects.  In the FILVAS setting, a power source coil would be positioned outside of the body, and a power capture coil would be implanted with the ventricular assist device.  Importantly, this technology could enable the placement of the external coil some distance away from the implanted coil, thus overcoming one of the historical obstacles of a FILVAS: the need for a very close and precise coupling of the coils.

"We're excited to partner with WiTricity in order to advance the HeartMate II, representing best-in-class LVAD technology with over 7,000 implants worldwide, into a fully implantable system.  This partnership should allow Thoratec to better serve the patient population treated with ventricular assist devices, by reducing adverse events and dramatically improving quality of life for patients with advanced heart failure," said Gary Burbach, president and chief executive officer of Thoratec.

The terms of the agreement were not disclosed.  

About WiTricity

WiTricity Corporation designs, develops, manufactures, and markets technology for wireless energy transfer.  Founded in 2007, the company is commercializing patented technology invented by a team of world renowned MIT physicists.  This technology utilizes magnetism to transfer energy without wires in a way that is safe, efficient, and that works over distance.  For more information, visit http://www.witricity.com.

About HeartMate II

The Thoratec HeartMate II Left Ventricular Assist Device (LVAD) is a mechanical circulatory support (MCS) device intended for a broad range of advanced-stage heart failure patients. HeartMate II is designed to restore blood flow and to improve survival, functional status
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SOURCE Thoratec Corporation
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