
SynCardia Systems backs out of its nearly $28M IPO
It appears SynCardia still has some kinks to work out - IPO on its artificial heart maker device is put on hold.
It appears SynCardia still has some kinks to work out - IPO on its artificial heart maker device is put on hold.
To keep up with the demand for its total artificial heart, Tucson-based Syncardia is in the midst of a Series F funding round, a spokesman said. This isn’t new technology. The company’s had Food and Drug Administration approval for the device for just about a decade; however, Syncardia says it’s the only approved total artificial heart […]
An artificial heart maker in Tucson, Ariz., has raised $14 million to go small with its temporary Total Artificial Heart. Syncardia wants to build a 50cc version of the device. SWK Holdings Corporation contributed $10 million to this round. SWK is a publicly traded, specialized finance company with a focus on the global healthcare sector. […]