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 / Modified aug 16, 2016 3:49 p.m.

SynCardia Official: Tucson Operations Expected to Continue

Artificial heart manufacturer went through bankruptcy, sale in July.
by Zachary Ziegler

SynCardia artificial heart SynCardia's artificial heart.
SynCardia

Bankruptcy plans for local artificial heart maker SynCardia have been made public, and company executives think its Tucson operations are safe.

The company recently filed Chapter 11 bankruptcy in order to help facilitate a sale to Philadelphia-based Versa Capital Management.

"There's every expectation for SynCardia's current operations to continue out of our Tucson location," said company Vice President Don Isaacs.

A release from the company said the reorganization will allow the company to continue to operate in its normal course, and it is ensured continued access to the funds necessary to do so.

MORE: Arizona, Business, Pima County, Economy, Health & Medicine, News, Tucson, U.S.
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