September 25, 2023
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Sientra gets $60M investment but shares drop 23 percent


Sientra shares plunged 23 percent in trading March 12, after the company announced a $60 million investment by New York health care investor Deerfield Management.  The deal included convertible notes at a 3 percent premium over the company’s March 10 closing stock price, or $4.10 per share.  The Goleta-based breast implant company plans to use…


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