Picard Medical and SynCardia to Present New In Vivo Emperor Total Artificial Heart Data and Patient Outcome Research at ASAIO 2026
Rhea-AI Summary
Picard Medical (NYSE American: PMI), parent of SynCardia, will present new in vivo data on its next-generation Emperor Total Artificial Heart and new patient outcome research on the SynCardia Total Artificial Heart at the ASAIO 2026 conference in New Orleans, June 18–21, 2026.
Talks cover hemodynamic performance of the fully implantable Emperor platform and a holistic analysis of survival, recovery, transplantability, and quality of life for SynCardia Total Artificial Heart patients.
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News Market Reaction – PMI
In the Jun 16 session, PMI declined 3.94%, reflecting a moderate negative market reaction. Argus tracked a peak move of +22.9% during that session. Argus tracked a trough of -6.0% from its starting point during tracking. Our momentum scanner triggered 27 alerts that day, indicating elevated trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 02 | Preclinical implant data | Positive | +60.3% | Reported successful acute in vivo animal implants of Emperor Total Artificial Heart. |
| May 29 | Shareholder letter | Positive | -1.7% | Outlined revenue growth and debt reduction alongside going-concern and listing challenges. |
| May 21 | Earnings update | Neutral | -8.4% | Q1 2026 showed strong revenue growth but sizable net loss and equity deficiencies. |
| May 05 | Equity offering | Negative | -40.4% | Priced $5M equity and warrant offering at $0.30 per share with dilutive impact. |
| Apr 30 | Clinical recognition | Positive | -3.9% | Recognized major implant center and highlighted >2,100 total artificial heart implants. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Positive operational and technology updates have sometimes seen selling pressure, while financing news aligned with sharp declines.
Over the last few months, Picard Medical has combined clinical and technological milestones with significant capital markets activity. On May 5, a $5.0M offering at $0.30 per share with attached warrants preceded a -40.36% move. Subsequent Q1 2026 results on May 21 showed strong revenue growth but a large net loss and listing pressure. A June 2 update on successful Emperor Total Artificial Heart implants saw a +60.33% reaction. Today’s ASAIO presentation news continues the theme of clinical and technology advancement amid a weak share price trend.
Key Terms
in vivo medical
hemodynamic medical
total artificial heart medical
mechanical circulatory support medical
biventricular heart failure medical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Two scientific presentations highlight next-generation innovation and patient outcomes with total artificial heart support
TUCSON, Ariz., June 16, 2026 (GLOBE NEWSWIRE) -- Picard Medical, Inc. (NYSE American: PMI) (“Picard Medical” or the “Company”), parent company of SynCardia Systems, LLC (“SynCardia”), maker of the world’s first total artificial heart approved by both the U.S. Food and Drug Administration and Health Canada, today announced that SynCardia researchers will present new preclinical data from the Company's next generation Emperor Total Artificial Heart program and new clinical outcomes research involving patients supported with the SynCardia Total Artificial Heart at the American Society for Artificial Internal Organs (ASAIO) 2026 Annual Conference, taking place June 18-21, 2026, in New Orleans, Louisiana.
“ASAIO has long been one of the premier scientific forums for artificial organ innovation,” said Patrick NJ Schnegelsberg, Chief Executive Officer of Picard Medical. “We are particularly excited to present new data from our Emperor Total Artificial Heart program while also highlighting the real-world outcomes achieved with the SynCardia Total Artificial Heart. Together, these presentations reflect both our established clinical leadership and our vision for the future of mechanical circulatory support.”
The presentations highlight both continued advancement of SynCardia's next-generation total artificial heart technology and the real-world clinical impact of the SynCardia Total Artificial Heart.
The first presentation will report in vivo data demonstrating hemodynamic performance and circulatory support characteristics of the Emperor Total Artificial Heart, SynCardia's next-generation fully implantable motor-driven artificial heart platform currently under development.
CARD4. The Emperor Total Artificial Heart: In Vivo Hemodynamic Equivalence of a Motor-Driven Fully Implantable Total Artificial Heart
Presenter: Matthew S. Schuster, Chief Operating Officer of SynCardia and lead inventor of the Emperor Total Artificial Heart
Date: June 18, 2026
Time: 4:30 p.m. – 4:40 p.m. CDT
The second presentation will provide a holistic analysis of survival, recovery, transplantability, and quality of life among patients supported with the SynCardia Total Artificial Heart, offering new insights into the clinical and human impact of total artificial heart therapy.
CARC14. Living With a Total Artificial Heart: A Holistic Analysis of Survival, Recovery, Transplantability, and Quality of Life
Presenter: Rich Smith, Co-Founder and Scientific Advisor of SynCardia
Date: June 19, 2026
Time: 1:30 p.m. – 1:40 p.m. CDT
SynCardia will also exhibit at Booth 308 during the conference. Participation in ASAIO 2026 underscores Picard Medical's commitment to advancing innovation in mechanical circulatory support through continued scientific research, clinical collaboration, and technology development. The Company believes these presentations reinforce SynCardia's leadership in total artificial heart technology by showcasing both the established clinical success of the SynCardia Total Artificial Heart and the continued progress of the Emperor platform, its next-generation fully implantable total artificial heart designed to expand treatment options for patients with advanced biventricular heart failure.
About The American Society for Artificial Internal Organs (ASAIO)
ASAIO has been in existence for close to 70 years, striving to save lives one medical device at a time. Its mission is to provide an international, collaborative forum promoting the development of innovative medical device technology at the nexus of science, engineering, and medicine. Its interdisciplinary membership is comprised of academia, clinicians, engineers, government agencies, industry, and the financial community. For more, visit: asaio.org/about/.
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 full 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 STAH 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 (the “SEC”) 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. Additional information about the Company, including risk factors that may affect the Company’s business, financial condition, and results of operations, is contained in the Company’s filings with the SEC, including the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available free of charge on the SEC’s website at http://www.sec.gov and on the Company’s investor relations website at https://picardmedical.com/.
Contact:
Investors
Eric Ribner
Managing Director
LifeSci Advisors LLC
eric@lifesciadvisors.com
Picard Medical, Inc./SynCardia Systems, LLC
IR@picardmedical.com
General/Media
Brittany Lanza
blanza@syncardia.com
