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Cardiac medical device firm Sunshine Heart raises $4.6 million | Funding Roundup

July 25, 2011 By MassDevice Leave a Comment

Sunshine Heart

Cardiac medical device firm Sunshine Heart (ASX:SHC) raised $4.6 million by selling 115 million shares in a private placement with institutional investors in the U.S. and Canada at 4 cents per share.

The Eden Prairie, Minnesota-based company is developing the C-Pulse(R) Heart Assist System, an implantable, non-blood-contacting, heart assist therapy to treat moderate to severe heart failure.

Filed Under: Business/Financial News, Cardiac Implants, Funding Roundup, News Well, Oncology, Pediatrics, Structural Heart Tagged With: Oncoscope Inc., Stanmore Implants, Sunshine Heart Inc.

Sunshine Heart sets on $9.4 million

December 7, 2010 By MedCity News Leave a Comment

MedCity News logo

Sunshine Heart Inc. (ASX:SHC) raised $9.4 million, including $3.5 million from the sale of equity and options in the U.S., according to documents filed with the federal Securities & Exchange Commission.

Filed Under: Business/Financial News, News Well, Structural Heart Tagged With: Sunshine Heart Inc.

Sunshine Hearts shines on $3.5 million

September 20, 2010 By MedCity News Leave a Comment

MedCity News logo

Institutional investors in the U.S. have committed to buy a $3.5 million stake in Sunshine Heart Inc. (ASX:SHC) shares in a private placement — provided the company’s Australian shareholders agree.

Filed Under: Business/Financial News, News Well Tagged With: Sunshine Heart Inc.

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