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Abiomed closes public offering of common stock

Abiomed, a provider of medical devices that provide circulatory support to acute heart failure patients, has completed public offering of 2.41 million shares of its common stock at $17.38 per share.

The net proceeds to Abiomed from the offering were approximately $41.7 million, after deducting the underwriting discount and estimated offering expenses. Morgan Stanley & Co was the sole underwriter for the offering.