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World Heart (WHRT) Ends Efforts to Commercialize Levacor; Cutting 21 Jobs

July 29, 2011 12:06 PM EDT
WHRT Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)
World Heart (Nasdaq: WHRT) to end its efforts to commercialize levacor; to focus resources on MiFlow mini-VAD. The company will be reducing its workforce by 21 jobs, adding restructuring charges of about $3-$5 million.


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