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SynCardia Systems Inc 1992 East Silverlake Rd AZ 85713 Tucson, United States http://www.syncardia.com
Contact Mr Don Isaacs +1 520-955-0660
Company logo of SynCardia Systems Inc
SynCardia Systems Inc

Potential Exit for SynCardia in Next 12-24 Months Discussed

Total Artificial Heart Manufacturer Considering Series E Financing Round

(PresseBox) (Tucson, )
SynCardia Systems, the Tucson, Arizonabased manufacturer of the Total Artificial Heart, is considering a Series E financing round before it evaluates an exit in the next 12 to 24 months, CEO Rodger Ford said.

The company has raised US $42.7 million in four rounds of funding to date, and may seek an additional US $2 mln-$5 mln, said Ford. SynCardia's temporary Total Artificial Heart was approved by the FDA in 2004 as a bridge to transplant for transplant eligible patients dying from endstage biventricular failure, and is also Health Canada and CE approved.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.