Rochester,NY 8/5/2009 11:35:14 PM
News / Business

WorldHeart Corporation (USA), WHRT - Operating Results Reports released by World Heart Corp.

WorldHeart Corporation (USA)

World Heart Corp is a global medical device company based in Ottawa Ontario. They are pioneer in heart assist therapy for end-stage congestive heart failure. Market cap of $33 million; WorldHeard has and its shares were traded at around $2.5 with and P/S ratio of 19.2.

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In July 2008, we completed a $30.0 million private placement transaction and recapitalization under the terms of the Recapitalization Agreement (the Recapitalization Agreement) dated June 20, 2008 and amended on July 31, 2008, among the Corporation, our wholly owned subsidiary World Heart Inc.

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