VCR ventracor limited

- I will be surprised if they did not get funding. If some were...

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    - I will be surprised if they did not get funding. If some were willing to invest $70mil when VCR was trading at above 60c, then surely common sense tells you that some will want to invest at 5c.

    - $4bil market.

    The Chairman of Ventracor, Mr. John Ward, said: “It is particularly disappointing that
    after nearing completion of recruitment in the Company’s BTT trial the company is
    unable to attract sufficient capital to fund its operations through to 30 June 2009. There
    are now almost 400 people who have been implanted with the VentrAssist® (LVAD), and
    results to date have been very promising. With the filing of over 2,500 pages of the first
    module of the application for Pre-Market Approval with the US FDA, the Company has
    moved one step closer to full commercialisation of the VentrAssist LVAD, and is well
    positioned to benefit from adoption of LVADs as a long term solution to heart failure.”
 
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