Sunshine Heart Exercises $2 Million Milestone Advance From Silicon Valley Bank

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Sunshine Heart (SSH) Expands Loan and Security Agreement

June 29, 2015 6:12 AM EDT

Sunshine Heart (NASDAQ: SSH) has exercised the right to borrow an additional $2 million under its existing loan and security agreement with Silicon Valley Bank. The right to borrow this second tranche was conditioned on the U.S. Food and Drug Administration granting interim analysis of COUNTER HF,... More