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PMI

Picard MedicalยทAMEX
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About PMI

Picard Medical, Inc.

Holding SynCardia,a company that sells FDA approved fully artificial hearts

Healthcare Equipment and Supplies
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08/29/2025
American Stock Exchange
75
12-31
Common stock
1992 E Silverlake, Tucson AZ
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Picard Medical, Inc., a holding company, is the sole owner of SynCardia. The company's business is carried out by SynCardia. Their long-term mission is to build a portfolio of medical technology companies active in the cardiovascular sector. They manufacture and market an FDA-approved implantable total artificial heart designed to temporarily replace full function of the human heart in patients with advanced heart failure. Their product development roadmap focuses on developing, manufacturing and commercializing successive generations of SynCardia TAH to further improve clinical outcomes, usability and patient quality of life.

Company Financials

Revenue & Expenses

PMI has released its 2025 Q3 earnings report, with revenue of 1.19M, reflecting a YoY change of 34.73%, and net profit of -10.43M, showing a YoY change of -68.00%. The Sankey diagram below clearly presents PMI's revenue sources and cost distribution.

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