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World Heart Corp. (MM)

World Heart Corp. (MM) (WHRT)

0.28
0.00
(0.00%)
Closed November 18 4:00PM
0.28
0.00
( 0.00% )
Pre Market: 7:00PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
0.28
Bid
0.00
Ask
0.00
Volume
-
0.00 Day's Range 0.00
0.00 52 Week Range 0.00
Previous Close
0.28
Open
-
Last Trade
Last Trade Time
-
Average Volume (3m)
-
Financial Volume
-
VWAP
-

WHRT Latest News

Abiomed Downgraded to Neutral - Analyst Blog

We recently downgraded health care technologies company Abiomed Inc. (ABMD) from ‘Outperform’ to ‘Neutral’. Since our ‘Outperform’ recommendation two...

Abiomed Reiterated at Outperform - Analyst Blog

We reiterate our Outperform rating on Abiomed Inc. (ABMD). Its fourth quarter fiscal 2012 adjusted (excluding one-time items except stock-based compensation expenses) earnings per share of 7...

HeartWare International Expands Intellectual Property and Technology Portfolio Through Definitive Agreement to Acquire World ...

HeartWare International Expands Intellectual Property and Technology Portfolio Through Definitive Agreement to Acquire World Heart Corporation for US$8 Million PR Newswire FRAMINGHAM, Mass. and...

HeartWare International Expands Intellectual Property and Technology Portfolio Through Definitive Agreement to Acquire World ...

FRAMINGHAM, Mass. and SALT LAKE CITY, March 29, 2012 (GLOBE NEWSWIRE) -- HeartWare International, Inc. (Nasdaq:HTWR) (ASX:HIN), which develops and manufactures miniaturized ventricular assist...

WorldHeart Will End Its Levacor(R) VAD Program and Will Focus on Developing Its Next-Generation MiFlow(TM) Miniature Ventricu...

SALT LAKE CITY, July 29, 2011 (GLOBE NEWSWIRE) -- World Heart Corporation (WorldHeart) (Nasdaq:WHRT), which is developing ventricular assist devices designed for adults, children and infants...

Reaffirming Abiomed at Neutral - Analyst Blog

We reiterate our Neutral recommendation on cardiac assist devices maker Abiomed (ABMD). The company’s fourth quarter and full-year fiscal 2011 results beat the Zacks Consensus Estimates...

Abiomed Beats on Impella Boost - Analyst Blog

Cardiac assist devices maker Abiomed (ABMD) ended fiscal 2011 on a positive note as its results beat expectations in the fourth quarter. The company’s adjusted (excluding one-time items...

UPDATE: World Heart To Refine Heart Pump, Halts Study Enrollment

(Updates with more detail and fresh share price) DOW JONES NEWSWIRES World Heart Corp. (WHRT) said it has paused enrollment in a study of its Levacor heart pump, pending regulatory approval of...

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WHRT Discussion

View Posts
Penny Roger$ Penny Roger$ 13 years ago
~ Monday! $WHRT ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $WHRT ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=WHRT&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=WHRT&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=WHRT
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=WHRT#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=WHRT+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=WHRT
Finviz: http://finviz.com/quote.ashx?t=WHRT
~ BusyStock: http://busystock.com/i.php?s=WHRT&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=WHRT >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
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PsD PsD 13 years ago
Anyone with any message or recommendation.
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PsD PsD 13 years ago
What a disappointment , I have held the stock for several years and now it seems that the wait will begin anew. I am glad the FDA saw fit to do what it did. I would not want to have gains over
someone's health. Nevertheless it shows that even the brightest in the Penny Stocks can turn
out to be not so bright after all.

Good luck to all, and GOD bless from a not very religious, but honest old man.
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PsD PsD 13 years ago
Thank you so much, I really appreciate the information.
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**D*A** **D*A** 13 years ago
Hi PsD, I copied this from the last 10Q released in May. Our time is drawing nearer each day, IMO.

http://biz.yahoo.com/e/110513/whrt10-q.html

OVERVIEW

Our business is focused on the development and sale of VADs, particularly our Levacor VAD (Levacor VAD or Levacor). VADs are mechanical assist devices that supplement the circulatory function of the heart by re-routing blood flow through a mechanical pump allowing for the restoration of normal blood circulation. The Levacor VAD uses a magnetically levitated rotor resulting in no moving parts subject to wear, which is expected to provide multi-year support. In August 2009, we received conditional approval of our Investigational Device Exemption (IDE) from the U.S. Food and Drug Administration (FDA) for the Levacor VAD to begin a BTT clinical study. In January 2010, we received unconditional IDE approval from the FDA. In February 2011, the Company decided to pause enrollment in the BTT study while three refinements are made to its Levacor VAD based on initial clinical experience until certain device refinements could be made and the FDA reviews and approves the refinements. These refinements are the projection of the inflow cannula into the ventricle, the elimination of a false alarm that has led to controller exchanges and the optimization of surface finishing/coating manufacturing processes. To date, we have completed refinements related to the projection of the inflow cannula and the elimination of the controller false alarm. We expect the design modification related to the optimization of the surface finishing/coating manufacturing process will be complete in the next two months. However, in light of ongoing communications with the FDA, the timeline for implementation of these refinements is dependent on review and approval by the FDA which is uncertain. We do not expect to receive FDA approval to restart our BTT study any earlier than the end of the third quarter 2011. Due to this uncertainty, it is anticipated that enrollment will not begin any earlier than the end of the third quarter 2011.

VADs are used for treatment of patients with severe heart failure, including patients whose hearts are irreversibly damaged and cannot be treated effectively by medical or surgical means other than transplant. BTT therapy involves implanting a VAD in a transplant eligible patient to maintain or improve the patient's health until a donor heart becomes



available. DT is the implanting of a VAD to provide long-term support for a patient not currently eligible for a natural heart transplant. Bridge-to-Recovery involves the use of VADs to restore a patient's cardiac function helping the natural heart to recover and thereby allowing removal of the VAD.

In addition, we, in conjunction with a consortium consisting of the University of Pittsburgh, Children's Hospital of Pittsburgh, Carnegie Mellon University and LaunchPoint Technologies, Inc. (LaunchPoint) have been developing a small, magnetically levitated, rotary pediatric VAD (PediaFlow VAD). The PediaFlow VAD is intended for use in newborns and infants and has been primarily funded by the National Institutes of Health (NIH). In February 2011, the FDA granted Humanitarian Use Device (HUD) designation for the PediaFlow VAD. The HUD designation is given to devices that are intended to benefit patients with conditions that affect fewer than 4,000 patients per year. Under the HUD designation, manufacturers are required to demonstrate safety and the probable benefit of their device.

The technology embodied in the PediaFlow VAD also forms the basis for our small, minimally invasive VAD. The minimally invasive VAD is aimed at providing partial to full circulatory support in both early-stage and late-stage heart failure patients. We expect to be in an adult clinical trial with the minimally invasive VAD in 2014, contingent on our ability to obtain future financing and our ability to satisfactorily complete all regulatory requirements. We are exploring various strategic options to accelerate our development of the minimally invasive VAD.

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PsD PsD 13 years ago
it's beginning to pick up again. I hope it's the last down ride.
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PsD PsD 13 years ago
You are right. Thank You.
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narnia1000 narnia1000 13 years ago
They are recorded as option awards.
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PsD PsD 13 years ago
INSIDERS ARE STILL BUYING as of 6/23/11
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PsD PsD 13 years ago
I was hoping for an update before the schedule meeting.
Buying by insiders is a good sign though.
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PsD PsD 13 years ago
It appears to be turning around. FDA delay is holding the price down.
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PsD PsD 14 years ago
Going down on very low volume. when buyers buy
the volume is high. Insiders are still buying. My advice
for whatever it's worth, don't sell, things should turn
around soon when the finishing touches are finished.
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PsD PsD 14 years ago
Annual meeting coming up on June 23. I am hoping
we have finished the refinements by then or a better
explanation of the delay.
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narnia1000 narnia1000 14 years ago
Here's some info. on the private placement.

http://www.secform4.com/penny-stocks.htm
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PsD PsD 14 years ago
I just bought more, 1000 more today 3000 this week.
There is hardly any volume because large investors
own most of the stocks and they are not selling.
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PsD PsD 14 years ago
I've had shares for several years and like I
say to my relatives, the time to buy is now
it's not going to go much lower. In my opinion
it has hit it's low.
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EZmoneyED EZmoneyED 14 years ago
Thanks for the info man I have been watching this one for weeks now just trying to build my kitty so when the time is right I can load the boat and not be impatient.
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PsD PsD 14 years ago
Investors continue buying, as of 02/15/2011.
Patient enrollment should re-start soon as
regulatory requirements appears to be over
soon. Insiders and Large Investors now own
83%.
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EZmoneyED EZmoneyED 14 years ago
Could you please give me a quick rundown on this one looks like its getting about time for a big reversal imo.
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DonShimoda DonShimoda 14 years ago
Net of cash, WHRT has a market cap below $20mm. fwiw, I'm using the recent news regarding the 60 day delay to add to my position.
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DonShimoda DonShimoda 14 years ago
"Preliminary clinical data suggests that the Levacor VAD does not cause acquired von Willebrand Factor (vWF) deficiency, a condition that is linked to serious bleeding disorders(1) and that has been associated with the use of current VADs"
Although not directly compared to HTWR's device, I think it is important to note that it was recently reported that the incidence of stroke in the HTWR device "was higher than might have been expected with the smaller size of the device, both Aaronson & Yacoub said, and this is something that will require watching. "The trial is only 180 days: we await the longer-term results with extreme interest because if there is major advantage it's going to be seen later. We need to be really critical and look at the results as we go along and not just say 'Hurrah,' " says Yacoub. There are other issues, too, he added, "such as evidence of GI bleeding due to malformations in the gut, and they got that already by 180 days. Also you get changes in the blood itself, the von Willebrand factor, and that is because of the lack of pulsatility. But that doesn't prevent me from concluding that this is a landmark trial and this device is extremely promising."

So it appears that for those who have already declared HTWR the "winner", the race may not be over. Personally, I'm of the opinion that this is not a winner take all scenario and there will be a role for THOR, HTWR and WHRT in this market.
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DonShimoda DonShimoda 14 years ago
Looks like Ayer Capital just took a 6.81% stake. Nice to see more institutions coming on board.
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DonShimoda DonShimoda 14 years ago
The stock has been on a tear since the financing was announced...up almost 40%. fyi, the 20dma just crossed the 50dma...from a technical standpoint we don't hit resistance until 3.05.
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ariadndndough ariadndndough 14 years ago
who would thought it we do a secondary today and the stock goes up by 10 percent. don as you have said this stock is heading higher.

dough
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ariadndndough ariadndndough 14 years ago
Don looks like a very good entry point. may add few more down here

dough
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DonShimoda DonShimoda 14 years ago
Wedbush says Medicare decision positive for ventricular device makers

In a note to investors, Wedbush analysts Dr. Duane Nash and Akiva Felt wrote that weakness in providers of left ventricular assist devices - including Thoratec (THOR), HeartWare (HTWR), and WorldHeart (WHRT) - could create an attractive entry point for investors.

Wedbush notes that the CMS said last night it is not expanding left ventricular assist device, or LVAD, reimbursement to include to Class IIIB patients. However, the firm points out CMS did make positive changes to the objective criteria. Wedbush recommends using any weakness in shares of Thoratec (THOR), HeartWare (HTWR), and World Heart (WHTR) following the news as buying opportunities.

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DonShimoda DonShimoda 14 years ago
Nice to see Mass General install it's first LVAD. Mass General is the 5th site to come online and the 11th implant done so far this year.

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DonShimoda DonShimoda 14 years ago
World Heart doubles the number of sites participating in the Levacor ventricular assist device (VAD) Bridge-to-Transplant (BTT) clinical study. FDA has now approved 20 sites in the U.S.

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DonShimoda DonShimoda 14 years ago
Interview of the doctors who performed the first Levacor implant at INTEGRIS Bapstist Medical Center earlier this year...amazing what you can find on youtube, lol.



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DonShimoda DonShimoda 14 years ago
Form 4 filed - the Special Situations Fund continues to add shares.
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DonShimoda DonShimoda 14 years ago
4th center has now implanted World Heart's LVAD.

SALT LAKE CITY, July 6, 2010 (GLOBE NEWSWIRE) -- World Heart Corporation (WorldHeart) (Nasdaq:WHRT - News), a developer of mechanical circulatory systems, announced today that Jewish Hospital in Louisville, Kentucky, successfully implanted a Levacor(TM) Ventricular Assist Device (VAD) in the Bridge-to-Transplant (BTT) clinical study. This is the eighth implant of the Levacor VAD in the fourth implanting center in the study.

Dr. Mark Slaughter, Chief of the Division of Thoracic and Cardiovascular Surgery, Jewish Hospital/University of Louisville, and surgical co-Principal Investigator of the study at Jewish Hospital indicated, "I am excited by our initiation of patient enrollment in this study. We are pleased to provide a fully magnetically levitated VAD therapy to our late-stage heart failure patients. This is part of our ongoing efforts to find ways to reduce complications and improve outcomes."

Mr. J. Alex Martin, WorldHeart's President and Chief Executive Officer noted, "We are pleased to continue to expand the BTT clinical study at Jewish Hospital led by Dr. Mark Slaughter, a top thought leader in mechanical circulatory support therapy. "
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DonShimoda DonShimoda 14 years ago
WHRT continues to execute on its plan.

The University of Utah Hospital and INTEGRIS Baptist Medical Center in Oklahoma City have successfully implanted additional Levacor(TM) Ventricular Assist Devices (VAD) in the Bridge-to-Transplant (BTT) clinical study. These are the sixth and seventh implants, respectively, with the Levacor VAD since the inception of the BTT clinical study.

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DonShimoda DonShimoda 14 years ago
Three New Clinical Sites

The addition of the University of Louisville/Jewish Hospital, Massachusetts General Hospital in Boston, and Tampa General Hospital puts the company right on track to meet it's stated goal of having 10 nationwide centers on line in the Levacor BTT Study by September.
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DonShimoda DonShimoda 14 years ago
Audio from CEO's presentation at Canaccord Adams Cardiovascular Conference

http://webcast.newswire.ca/archive/canaccord20091110/world20091110.wma
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DonShimoda DonShimoda 14 years ago
Worldheart's slides from Canaccord Adams Cardiovascular Conference...good explanation of competitive products and Levacor's differentiation.

http://www.newswire.ca/en/webcast/pages/en/12927/whrt_canaccord20091110.pdf
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DonShimoda DonShimoda 14 years ago
WHRT's market cap is roughly the same as it was when the current investors recapitalized the company approximately 2 years ago. Since then they've gotten the LVAD approved, started clinical trials, and begun generating revenue. Yet, you can buy in today at half of what insiders just paid in January.

When one considers that 100,000 patients need transplants each year but only 2,000 get them, I believe the market for LVAD's is going to grow significantly. Whether World Hearts device will be one of the winners remains to be seen but considering HTWR's market cap is over 800 million, I like the upside.
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DonShimoda DonShimoda 14 years ago
With the Levacor VAD Bridge-to-Transplant (BTT) clinical study underway, it's nice to see the company generating revenue. Based on the $556k booked in just the 1Q, it looks like their recovering around $185k per patient.

Currently the company has 3 medical centers participating but plans to bring on an additional 7 by the end of the summer which should result in more implants and greater revenue.
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cadillac107 cadillac107 14 years ago
Careful now Don. FYI,I bought 500 shares of this company 15 years ago. Because of so called "smart" venture capitalists and all the reverse splits over the years the company has subjected its shareholders to, my 1500 dollars that I invested has been reduced to one share of stock.
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DonShimoda DonShimoda 14 years ago
It appears you've got some smart venture capitalists who've recently put in $$$ at over $5 a share.

26-Jan-10 NEW LEAF VENTURES II, L.P.
Beneficial Owner (10% or more) 388,350 Direct Purchase at $5.15 per share. $2,000,002

26-Jan-10 MARXE AUSTIN W & GREENHOUSE DAVID M
Beneficial Owner (10% or more) 388,350 Indirect Purchase at $5.15 per share. $2,000,002

21-Jan-10 VENROCK ASSOCIATES V LP
Beneficial Owner (10% or more) 388,350 Indirect Purchase at $5.15 per share. $2,000,002

For all practical purpose, these investors have essentially taken the company private and have only left enough float to maintain nasdaq's listing requirements. Of course the downside is that there is very little liquidity and a lot of volatility.
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DonShimoda DonShimoda 14 years ago
Nice progress in a rapidly expanding market. In the past 18 months, the company has been recapitalized, hired a new ceo and relocated their HQ to the US. They've gotten their MagLev LVAD into a clinical trial and have successfully implanted patients in Oklahoma, Utah and Virginia. The company has a market cap of around $35mm while their primary competitor HTWR has a market cap of over $800. As WHRT's current 160 patient BTT clinical trial progresses, I believe their valuation will be "discovered" in the market place.
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DonShimoda DonShimoda 14 years ago
Emerging ventricular assist devices for long-term cardiac support

Nature Reviews Cardiology (February 2010)
Rajan Krishnamani, David DeNofrio & Marvin A. Konstam

The evolution of mechanical cardiac support has been fueled by an increasing need to support patients with end-stage heart failure. More than 100,000 patients are estimated to have severe, refractory (AHA/ACC stage D) heart failure. The prognosis in this group of patients is dismal, with a 4-year mortality of more than 50%. Of patients admitted to hospital with acute heart failure, the 1-year mortality is 30–50%. The option of cardiac transplantation is limited by organ availability and, as wait times have increased, the need for mechanical cardiac support as a bridge-to-transplant has also increased.

Innovations in ventricular assist device (VAD) technology has provided an alternative therapeutic option for patients with advanced heart failure. Initiated as a mechanical option to 'bridge' critically ill patients awaiting transplantation, VADs are being increasingly deployed as 'destination' devices to provide long-term support. With technical advances resulting in improved mechanical reliability, reduced postoperative morbidity and greater likelihood of patient acceptance, there is interest in expanding the applicability for destination VAD treatment beyond the current indication of severely ill patients who are not candidates for transplant. This Review examines the newer, third-generation VADs for mechanical cardiac support.

http://www.nature.com/nrcardio/journal/v7/n2/full/nrcardio.2009.222.html
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Insiderbuys Insiderbuys 15 years ago
Insider Purchase

WORLD HEART CORP
whrt
MARXE AUSTIN W & GREENHOUSE DAVID M DIRECTOR
(10% owner)
03/25/10
340,200 shares @ $2.34 = $794,656.00


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48307903

Insider
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alien42 alien42 15 years ago
the volume has continued and the price continues to slowly rise even though Abiomed Inc is dumping their shares.
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alien42 alien42 15 years ago
WHRT up 17%, huge volume bounce off the bottom...



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bigblue72 bigblue72 16 years ago
I'm thinking that major drop....LOL

I'm watching this real close. If we see another intraday drop in PPS to 11, I'm buyin a chuck.
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Entangled Proton Entangled Proton 16 years ago
Anyone know what's causing the run ?
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Dkapz Dkapz 16 years ago
As borat would say, wa wee woo wow! nice day today
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Dkapz Dkapz 16 years ago
That chart looks good IMO, glad i got those .105s.
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Dkapz Dkapz 16 years ago
Hope you werent saying you bought at .25 :(. I got out at .1699, 70% from my previous position, just bought in again today at .105
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karizmat karizmat 17 years ago
10k$ buy at 25c ! Bottom was friday. Today 20c +
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