Picard Medical's artificial heart technology will be featured on BTV Business Television, highlighting advancements for heart failure patients.
Quiver AI Summary
Picard Medical, Inc., the parent company of SynCardia Systems LLC, has announced that its SynCardia Total Artificial Heart (STAH) will be featured on BTV Business Television, airing on FOX Business News on March 14, 2026. The segment will showcase the STAH technology, which has been implanted over 2,100 times worldwide and is essential for patients with severe heart failure while they await transplants. This device replaces both ventricles and heart valves, providing critical support for patients at risk of death without mechanical assistance. The company is also developing a next-generation fully implantable heart to enhance patient mobility and quality of life. The CEO, Patrick N.J. Schnegelsberg, emphasized the growing need for awareness around advanced heart failure therapies as more patients require circulatory support. Following the live broadcast, the episode will be available for replay on BTV’s online platforms.
Potential Positives
- Picard Medical's Total Artificial Heart will be featured on BTV Business Television, providing significant exposure to retail and institutional investors.
- The SynCardia Total Artificial Heart (STAH) has been used in over 2,100 implants worldwide, showcasing its established position as the most widely used artificial heart technology.
- The upcoming segment will highlight the development of a next-generation, fully implantable artificial heart platform, emphasizing the company's commitment to improving patient mobility and quality of life.
- By raising awareness of advanced heart failure therapies, the company positions itself favorably in a market with a growing need for mechanical circulatory support.
Potential Negatives
- There is a reliance on upcoming media exposure to increase awareness, which may indicate the company is struggling to generate interest or visibility in the market independently.
- The forward-looking statements highlight potential risks and uncertainties that could materially affect the company's future performance, which may concern investors.
- Despite being a leader with the only commercially available total artificial heart, the press release implies that the overall demand for mechanical circulatory support is increasing, suggesting growing market pressure and competition.
FAQ
What is the SynCardia Total Artificial Heart?
The SynCardia Total Artificial Heart (STAH) replaces the pumping function of a failing heart to support patients awaiting transplantation.
When will the Picard Medical segment air on television?
The Picard Medical segment will air on BTV Business Television on Saturday, March 14 at 5:00 p.m. EST.
How many SynCardia Total Artificial Hearts have been implanted worldwide?
More than 2,100 STAH implants have been performed across 27 countries, making it the most widely used artificial heart globally.
What advancements are being developed for artificial heart technology?
Picard Medical is developing a next-generation fully implantable artificial heart platform to improve patient mobility and quality of life.
Where can I watch the BTV segment after it airs?
The BTV segment featuring Picard Medical will be available for replay on BTV’s online distribution channels after the broadcast.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PMI Hedge Fund Activity
We have seen 31 institutional investors add shares of $PMI stock to their portfolio, and 4 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HRT FINANCIAL LP removed 244,086 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $427,150
- CITADEL ADVISORS LLC removed 204,154 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $357,269
- ARISTIDES CAPITAL LLC added 67,312 shares (+inf%) to their portfolio in Q4 2025, for an estimated $117,796
- GEODE CAPITAL MANAGEMENT, LLC added 58,716 shares (+inf%) to their portfolio in Q4 2025, for an estimated $102,753
- CENTIVA CAPITAL, LP removed 42,421 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $74,236
- FMR LLC added 29,112 shares (+inf%) to their portfolio in Q4 2025, for an estimated $50,946
- ABEL HALL, LLC added 28,856 shares (+inf%) to their portfolio in Q4 2025, for an estimated $50,498
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Full Release
TUCSON, Ariz., March 13, 2026 (GLOBE NEWSWIRE) -- Picard Medical, Inc. (NYSE American: PMI) (the “Company”), parent company of SynCardia Systems LLC, maker of the world’s first total artificial heart approved by both the U.S. FDA and Health Canada, today announced that the SynCardia Total Artificial Heart (“STAH”) will be featured in an upcoming segment on BTV Business Television airing on the FOX Business News on Saturday, March 14 at 5:00 p.m. EST.
The segment will highlight the Company artificial heart technology designed to replace the pumping function of a failing human heart during the time that a patient awaits transplantation.
With more than 2,100 implants performed worldwide, the STAH remains the most widely used and extensively studied artificial heart technology globally. The device is considered a “total” replacement since it replaces both left and right ventricles and all four heart valves, restoring circulation in patients with severe biventricular heart failure who are at risk of imminent death without mechanical circulatory support.
The segment will also highlight the Company’s development of a next-generation, fully implantable artificial heart platform designed to improve patient mobility and quality of life by eliminating external pneumatic drivers.
“We believe raising awareness of advanced heart failure therapies is increasingly important as the number of patients in need of mechanical circulatory support continues to grow,” said Patrick N.J. Schnegelsberg, Chief Executive Officer of Picard Medical. “The SynCardia Total Artificial Heart has supported more than 2,100 patients worldwide by replacing the pumping function of a failing heart and providing critical time for patients awaiting transplantation. We are also advancing the next generation of artificial heart technology designed to further improve patient mobility and quality of life.”
BTV – Business Television is a long running investment focused television program that profiles emerging companies and technologies across a range of industries. The program airs across major financial networks and digital platforms and provides companies with exposure to retail and institutional investor audiences.
The Picard Medical segment will also be available via replay through BTV’s online distribution channels following the broadcast: http://www.b-tv.com/post/picard-medical-advancing-total-artificial-heart-technology-btv-feature .
About BTV – Business Television / BTV The Agency
For 28 years, BTV – Business Television has been on the air as the go-to half-hour investment show for savvy investors, delivering exclusive on-location interviews and actionable insights with emerging companies, industry leaders, and market experts. Hosted by Taylor Thoen and Jessica Katrichak , BTV provides investors with direct access to executive teams and compelling investment opportunities not found anywhere else. BTV The Agency is a capital markets–focused B2B TV production and digital marketing agency serving publicly traded and financial companies. Through strategic content creation and extensive distribution across top-tier networks including Bloomberg, CNBC, FOX Business News, and leading financial platforms, the agency helps companies reach investors, advisors, and institutions—building brand credibility and driving national retail and institutional investor awareness.
About Picard Medical and SynCardia
Picard Medical, Inc. is the parent company of SynCardia Systems, LLC (“SynCardia”), the Tucson, Arizona–based leader with the only commercially available total artificial heart technology for patients with end-stage heart failure. SynCardia develops, manufactures, and commercializes the SynCardia Total Artificial Heart (“STAH”), an implantable system that assumes the circulatory functions of a failing or failed human heart. It is the first artificial heart approved by both the FDA and Health Canada, and it remains the only commercially available artificial heart in the United States and Canada. With more than 2,100 implants performed at hospitals across 27 countries, the SynCardia Total Artificial Heart is the most widely used and extensively studied artificial heart in the world.
For additional information about Picard Medical, please visit www.picardmedical.com or review the Company’s filings with the U.S. Securities and Exchange Commission at www.sec.gov .
Forward-Looking Statements
This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and related prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website,
http://www.sec.gov
.
Contact:
Investors
Eric Ribner
Managing Director
LifeSci Advisors LLC
[email protected]
Picard Medical, Inc./SynCardia Systems, LLC
[email protected]
General/Media
Brittany Lanza
[email protected]