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Picard Medical, parent of SynCardia Systems, entered a definitive business combination agreement with Altitude Acquisition Corp. to become a publicly traded company. The transaction estimates a pre-money enterprise value of $480 million for Picard Medical.
“SynCardia manufactures, sells, and markets the world’s first and only FDA approved and commercially available Total Artificial Heart to replace the full functions of a failing or failed human heart.”altitudeac.com
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