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AtriCure Inc: Overview

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AtriCure Inc (AtriCure) is a provider of medical devices for the treatment of atrial fibrillation (Afib) and related conditions. The company develops, manufacturess and sale of cardiac surgical ablation devices. Its major products include Isolator Synergy ablation system, a bipolar ablation clamp system; radiofrequency ablation devices; cryoICE cryoablation system and AtriClip left atrial appendage (LAA) exclusion system. It also offers Lumitip dissectors and reusable cardiac surgery instruments. The company markets and sells its products in markets outside the US through its European subsidiaries and independent distributors. It has distributors in Europe, Asia Pacific, North America, South America, the Middle East, and Africa. AtriCure is headquartered in Mason, Ohio, the US.

Headquarters United States of America
Address 7555 Innovation Way, Mason, Ohio, 45040
Website www.atricure.com
Telephone 1 513 7554100
No of Employees 875
Industry Medical Equipment
Ticker Symbol & Exchange ATRC (NASD)
Revenue (2020) $274.3M 32.8% (2020 vs 2019)
EPS XXX
Net Income (2020) XXX 204.2% (2020 vs 2019)
Market Cap* $2.4B
Net Profit Margin (2020) XXX 178.5% (2020 vs 2019)
* As of and is in US$
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Medical Marketed Products

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Medical Clinical Trials

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Medical Pipeline Products

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60+

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Clinical Trials

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Products and Services

Products Brands
Concomitant Surgical Ablation Therapy: AtriCure
Ablation Sensing Unit and Switch Matrix Coolrail
Isolator Synergy Clamps Isolator
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 New Products/Services In April, the company launched EnCompass Clamp, a part product of the Isolator Synergy Ablation System in the US.
2021 Regulatory Approval In April, the company announced the approval of the EPi-Sense System by the US Food and Drug Administration (FDA) for the treatment of patients diagnosed with long-standing persistent Afib.
2021 Regulatory Approval In January, the company received 510(k) clearance from the US FDA of additional labeling claims for cryo nerve block (cryoNB) therapy for the treatment of adolescent patients of 12-21 years of age.
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Competitor Comparison

Key Parameters AtriCure Inc Medtronic Plc Boston Scientific Corp Merit Medical Systems Inc Biosense Webster Inc
Headquarters United States of America Ireland United States of America United States of America United States of America
City Mason Dublin Marlborough South Jordan Diamond Bar
State/Province Ohio - Massachusetts Utah California
No. of Employees 875 95,000 41,000 6,446 -
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
B. Kristine Johnson Chairman Executive Board 2021 70
Michael H. Carrel Chief Executive Officer; President Senior Management 2012 51
Douglas J. Seith Chief Operating Officer Senior Management 2015 56
Justin J. Noznesky Chief Strategy Officer; Chief Marketing Officer Senior Management 2021 44
Karl Dahlquist Chief Legal Officer Senior Management 2019 52
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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