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BioCardia Announces CardiAMP Chronic Myocardial Ischemia Trial Results Presented at EuroPCR Showed Durable Improvements in Exercise Tolerance with Reduced Angina Frequency

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BioCardia (NASDAQ:BCDA) reported preliminary open-label cohort results from the CardiAMP CMI trial in refractory angina, presented at EuroPCR 2026. The minimally invasive autologous cell therapy was well tolerated with no treatment-emergent major adverse cardiac events, improved exercise tolerance by 179 seconds, and reduced angina episodes by 82% at six months, with exercise gains sustained to two years.

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Positive

  • No treatment-emergent major adverse cardiac events reported in the CardiAMP CMI cohort
  • Exercise tolerance improved by an average of 179 seconds and persisted to two years
  • Angina episodes reduced by an average of 82% at six months after treatment
  • Therapy tested in patients already on guideline-directed medical therapy and out of other options

Negative

  • None.

News Market Reaction – BCDA

-0.90%
1 alert
-0.90% Session close to close
$10.46M Market Cap
0.0x Rel. Volume

In the May 21 session, BCDA declined 0.90%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights preliminary CardiAMP CMI data with an average 179-second improvement in...
Analysis

This announcement highlights preliminary CardiAMP CMI data with an average 179-second improvement in exercise tolerance and an 82% reduction in angina episodes by six months, sustained over 2 years. In recent months, BioCardia also reported narrowed losses but thin cash, going-concern language, and Nasdaq equity deficiency. Investors may monitor how these clinical signals integrate with ongoing regulatory interactions and the company’s ability to secure funding while advancing CardiAMP and its Helix delivery platform.

Key Figures

Exercise tolerance gain: 179 seconds Angina reduction: 82% Follow-up duration: 2 years
3 metrics
Exercise tolerance gain 179 seconds Average improvement in exercise tolerance, persistent through 2-year follow-up
Angina reduction 82% Average reduction in angina episodes by six months after treatment
Follow-up duration 2 years Duration over which positive outcomes persisted in trial follow-up

Historical Context

5 past events · Latest: May 19 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 19 Conference appearance Neutral +5.6% Announcement of participation in A.G.P. Healthcare Showcase fireside chat.
May 15 Earnings update Negative -7.3% Q1 2026 results showed narrowed loss but weaker balance sheet and cash.
May 11 Earnings call notice Neutral +0.9% Scheduling of Q1 2026 results and corporate update conference call.
May 08 Regulatory alignment Positive +1.8% FDA alignment on Helix delivery catheter clearance pathways and DeNovo option.
Apr 28 IP/patent news Positive -1.7% Allowance of Japanese patent for Heart3D fusion imaging software.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent catalysts have mostly seen price moves aligned with news tone, with one notable divergence on patent news despite positive content.

Recent Company History

Over the past month, BioCardia reported several clinical, regulatory, and corporate milestones. On Apr 28, it secured a Japanese patent for its Heart3D software, yet shares fell. Subsequent FDA alignment on Helix delivery pathways on May 8 and a Q1 2026 update on May 15 highlighted narrowed losses but balance sheet strain. A fireside chat announcement on May 19 saw a modest gain. Today’s EuroPCR CardiAMP CMI data add supportive efficacy and safety signals to this ongoing clinical and regulatory narrative.

Key Terms

chronic myocardial ischemia, refractory angina, guideline-directed medical therapy (gdmt), percutaneous, +1 more
5 terms
chronic myocardial ischemia medical
"CardiAMP Cell Therapy in Chronic Myocardial Ischemia Trial (CardiAMP CMI)"
Chronic myocardial ischemia is a long-lasting condition where the heart muscle receives less blood and oxygen than it needs, often because coronary arteries are narrowed. Think of it like a continually kinked garden hose that limits water to a lawn; over time the lawn weakens and needs repair. Investors watch this condition because its prevalence and severity drive demand for drugs, medical devices, procedures, clinical-trial results and regulatory approvals, all of which can affect healthcare spending and company revenues.
refractory angina medical
"patients with severely symptomatic refractory angina and validate continued clinical development"
Chronic chest pain caused by reduced blood flow to the heart that continues despite standard treatments such as medications, stents, or bypass surgery. Investors care because this unmet medical need drives demand for new drugs, medical devices, and procedures, affects healthcare spending and regulatory decisions, and can influence the commercial prospects and valuation of companies developing effective therapies — like a stubborn leak that needs a novel repair solution.
guideline-directed medical therapy (gdmt) medical
"Prior to treatment, all patients were on guideline-directed medical therapy (GDMT)"
Guideline-directed medical therapy (GDMT) is the set of treatments clinicians are recommended to use for a specific disease based on the best available clinical evidence, like a medical “recipe” or playbook developed by expert panels. For investors, GDMT matters because it shapes which drugs, devices or procedures become standard of care, influences clinical adoption, reimbursement, market size and the competitive landscape for any new medical product.
percutaneous medical
"had received all available percutaneous and/or surgical options"
Percutaneous describes medical procedures or delivery methods that reach internal organs or tissues by passing through the skin — for example with needles, catheters or small tubes — instead of opening the body with large incisions. For investors it matters because percutaneous approaches are generally less invasive, often mean lower hospital time, quicker recovery and smaller device footprints, which can broaden market adoption and affect regulatory and reimbursement outlooks.
autologous cell therapy medical
"with the autologous cell therapy up through 2 years follow-up"
Autologous cell therapy uses a patient’s own cells, taken out, sometimes modified or multiplied, and then returned to the same person to treat disease or repair tissue. It matters to investors because using a person’s own cells can lower the chance of immune rejection and change the regulatory and clinical risk profile, but it also creates high, customized manufacturing and delivery costs and limits how easily the therapy can be scaled — like bespoke tailoring versus off‑the‑rack clothing.

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– Positive CardiAMP CMI Trial open-label cohort results demonstrated opportunity for locally delivered cell therapy to enhance therapeutic options for patients with severely symptomatic refractory angina and validate continued clinical development

– Novel therapeutic approach targets a critically important unmet medical need for patients who have debilitated quality-of-life and have exhausted all available treatment options

SUNNYVALE, Calif., May 21, 2026 (GLOBE NEWSWIRE) -- BioCardia, Inc. (NASDAQ: BCDA), a global leader in cellular and cell-derived therapeutics for the treatment of cardiovascular and pulmonary diseases, today announced the oral presentation of the results of the CardiAMP® Cell Therapy in Chronic Myocardial Ischemia Trial (CardiAMP CMI) preliminary open label cohort at EuroPCR, a leading interventional cardiovascular medicine conference held in Paris. The presentation was made by Dr. Amish Raval, M.D., Professor of Medicine at University of Wisconsin School of Medicine and Public Health.

Results presented by Dr. Raval, on behalf of the CardiAMP CMI Investigators, showed that the minimally invasive CardiAMP Cell Therapy procedure was well tolerated with no treatment emergent major adverse cardiac events and patients demonstrated positive clinical outcomes including increased exercise tolerance and reduced frequency of angina episodes with the autologous cell therapy up through 2 years follow-up. Prior to treatment, all patients were on guideline-directed medical therapy (GDMT) and had received all available percutaneous and/or surgical options as appropriate for their medical condition. Patients experienced increased exercise tolerance, improving by an average of 179 seconds, which persisted for the two-year study follow-up. Angina episodes were reduced by an average of 82% by six-months after treatment. Dr. Raval’s presentation is here: EuroPCR2026.

“Chronic ischemic heart disease results in considerable limitations of daily life activities due to chest discomfort, shortness of breath, and related disabling symptoms despite optimal medical therapy,” said Carl Pepine, MD, MACC, Professor of Medicine, Division of Cardiovascular Medicine, University of Florida at Gainesville. “A cell-based approach, added to this medical therapy, has potential to better manage these symptoms and improve the quality of life.” 

“We are thankful for the physician scientists who contributed their great experience to this program as well as the patients who participated,” said Peter Altman, PhD, BioCardia President and CEO. “These results support this CardiAMP cell therapy approach which has potential to help patients suffering from refractory angina. To our knowledge, only cell therapy has had a positive impact on both exercise tolerance and angina episodes in these patients.”

About Chronic Myocardial Ischemia with Refractory Angina

Chronic myocardial ischemia occurs in the setting of coronary artery disease when there is reduced blood flow to the heart. This causes angina, a type of chest pain which is characterized as refractory angina when this pain cannot be controlled by a combination of optimal medical therapy, angioplasty or bypass surgery, and is estimated to impact 600,000 to 1.8 million patients in the United States. Up to 15% of patients who have ischemia or angina and undergo cardiac catheterization are suboptimal candidates for conventional revascularization. Although prognosis of refractory angina has improved in recent years, patients with refractory angina experience a significantly impaired quality of life with disproportionately high utilization of healthcare services. These observations reflect the great need for new therapies for these patients.

 About the CardiAMP Cell Therapy Program

Designated by the FDA as a Breakthrough Therapy for Ischemic Heart Failure, CardiAMP Cell Therapy uses a patient’s own bone marrow cells delivered to the heart in a minimally invasive, catheter-based procedure to potentially stimulate the body’s natural healing response. CardiAMP Cell Therapy incorporates three proprietary elements not previously utilized in investigational cardiac cell therapy: a pre-procedural cell analysis for patient selection, a high target dosage of cells, and a proprietary delivery system that has been shown to be safer than other intramyocardial delivery systems and exponentially more successful in cell retention. The CardiAMP cell therapy trials for the indications of both chronic myocardial ischemia and ischemic heart failure are covered by the Center for Medicare and Medicaid for both treatment and control procedures.  CAUTION - Limited by United States law to investigational use. 

About BioCardia® BioCardia, Inc., headquartered in Sunnyvale, California, is a global leader in cellular and cell-derived therapeutics for the treatment of cardiovascular and pulmonary disease. CardiAMP® autologous and CardiALLO™ allogeneic cell therapies are the Company’s biotherapeutic platforms with three cardiac clinical stage product candidates in development. These therapies are enabled by its Helix™ biotherapeutic delivery and Morph® vascular navigation product platforms, and soon the Heart3D™ fusion imaging platform. BioCardia selectively partners on biotherapeutic delivery with peers developing important biologic therapies.  For more information visit https://www.biocardia.com.

Forward Looking Statements:

This press release contains forward-looking statements that are subject to many risks and uncertainties. Forward-looking statements may include, among other things, statements relating to the continued development, ability to offset clinical costs utilizing Medicare reimbursement and the ultimate success of our clinical cell therapy programs. These forward-looking statements are made as of the date of this press release.

We may use terms such as “believes,” “estimates,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should,” “approximately” or other words that convey the uncertainty of future events or outcomes to identify these forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained herein, we caution you that forward-looking statements are not guarantees of future performance and that our actual results may differ materially from the forward-looking statements contained in this press release. Factors that could cause or contribute to such differences include, but are not limited to, the Company’s liquidity position and its ability to raise additional funds, as well as the Company’s ability to successfully advance its clinical trials. As a result of these factors, we cannot assure you that the forward-looking statements in this press release will prove to be accurate. Additional factors that could materially affect actual results can be found in BioCardia’s Form 10-K filed with the Securities and Exchange Commission on March 24, 2026, under the caption titled “Risk Factors,” and in our subsequently filed Quarterly Reports on Form 10-Q. BioCardia expressly disclaims any intent or obligation to update these forward-looking statements, except as required by law.

Media Contact:
Miranda Peto, Investor Relations
Email: mpeto@BioCardia.com
Phone: 650-226-0120

Investor Contact:
David McClung, Chief Financial Officer
Email: investors@BioCardia.com
Phone: 650-226-0120


FAQ

What did BioCardia (BCDA) announce about the CardiAMP CMI trial at EuroPCR 2026?

BioCardia announced preliminary open-label CardiAMP CMI trial results showing improved exercise tolerance and reduced angina in refractory angina patients. According to BioCardia, the minimally invasive autologous cell therapy was presented at EuroPCR 2026 and was well tolerated without treatment-emergent major adverse cardiac events.

How did BioCardia's CardiAMP CMI therapy affect exercise tolerance for refractory angina patients (BCDA)?

CardiAMP CMI therapy was associated with increased exercise tolerance in treated patients. According to BioCardia, exercise duration improved by an average of 179 seconds and this improvement persisted throughout the two-year study follow-up in the preliminary open-label cohort.

What reduction in angina episodes was reported in BioCardia's CardiAMP CMI trial for BCDA?

Angina episodes decreased substantially after CardiAMP CMI therapy. According to BioCardia, patients experienced an average 82% reduction in angina episodes by six months following treatment, on top of guideline-directed medical therapy and prior percutaneous or surgical interventions.

How safe was BioCardia's CardiAMP CMI cell therapy in the reported open-label cohort (BCDA)?

The procedure was reported as well tolerated in the preliminary cohort. According to BioCardia, the minimally invasive CardiAMP Cell Therapy showed no treatment-emergent major adverse cardiac events during follow-up in patients with severely symptomatic refractory angina and chronic myocardial ischemia.

Which patients were enrolled in BioCardia's CardiAMP Chronic Myocardial Ischemia trial (BCDA)?

The trial treated patients with severely symptomatic refractory angina and chronic myocardial ischemia. According to BioCardia, all patients were on guideline-directed medical therapy and had already received all suitable percutaneous and/or surgical options before receiving the CardiAMP autologous cell therapy.