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This article was originally published in Clinica
WorldHeart is expecting to secure Can$13.3m ($10.3m) from the sale of unsecured convertible debentures and warrants through a private placement. The Ottawa, Ontario-based company is undergoing a restructuring of its manufacturing operations, having recently announced the consolidation of its Ottawa factory into its facilities in Oakland, California (see Clinica No 1123, p 13).
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