Acorn Cardiovascular low on cash, possibly up for sale
Acorn Cardiovascular Inc., which has struggled for years to convince the Food and Drug Administration to approve its heart device, will need to either raise more money or sell the company, MedCity News has learned. In an e-mail, Acorn president Steve Anderson said the company already has slashed costs, including shutting down its website and moving out of its headquarters in New Brighton, Minnesota.