UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K
                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

        Date of Report (Date of earliest event reported): March 22, 2005

                             WORLD HEART CORPORATION
             (Exact name of registrant as specified in its charter)

    Ontario                         000-28882                      N/A
(State or other                    (Commission                (IRS Employer
jurisdiction of                    File Number)              Identification No.)
incorporation)

                 7799 Pardee Lane
                Oakland, California                      94621
        (Address of principal executive offices)       (Zip Code)

       Registrant's telephone number, including area code: (510) 563-5000

                    1 Laser Street, Ottawa, Ontario K2E 7V1
          (Former name or former address, if changed since last report)

     Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

     [ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

     [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)

     [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

     [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item 2.02.     Results of Operations and Financial Condition

               The information in this Current Report, including the exhibit
               hereto, is being furnished and shall not be deemed "filed." The
               information in this Current Report shall not be incorporated by
               reference into any registration statement or filing of the
               Company, except as shall be expressly set forth by specific
               reference in such a filing. On March 22, 2005, World Heart
               Corporation issued a press release concerning its announcement of
               its financial results for the fourth quarter and fiscal year
               ended December 31, 2004. A copy of this release is hereby
               furnished as Exhibit 99.1 hereto.

Item 9.01.     Financial Statements and Exhibits

               (c) Exhibits

               99.1 Press Release dated March 22, 2005
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                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                                World Heart Corporation

     Date: March 23, 2005                By: /s/ Mark Goudie
                                            -----------------------------------
                                            Name:  Mark Goudie
                                            Title: Chief Financial Officer

<PAGE>

                                  EXHIBIT INDEX

Exhibit
Number         Description
-------        -----------

 99.1          Press release dated March 22, 2005