nasdaq up again, page-27

So far we have Thoratec,medtronics and now we have St Jude and Heartware. Seriously a bidding war is what we will have in six months or so and it wont be at current valuations.

http://www.bizjournals.com/twincities/blog/in_private/2012/11/is-med-tech-firm-sunshine-heart-a.html



Large medical-device makers on the hunt for acquisitions may soon find a worthy target in Sunshine Heart, reports Seeking Alpha in a blog post.

Sunshine Heart, whose U.S. headquarters are in Eden Prairie, has had a strong year on the regulatory front. Last week, the Food and Drug Administration gave the company a green light to start a pivotal trial of its C-Pulse device, which treats patients suffering from heart failure. The news sent the company’s stock up almost 18 percent.

European regulators cleared C-Pulse for sale earlier this year.

Seeking Alpha speculates that Little Canada-based St. Jude Medical Inc. (NYSE: STJ) or HeartWare International Inc. (Nasdaq: HTWR), which makes devices for patients suffering from late-stage heart failure, could be potential buyers. Both companies have had regulatory setbacks lately and could snap up Sunshine (Nasdaq: SSH) for a “dirt cheap” price, the blog post argues.