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BioCardia Late Breaking Echocardiography Clinical Results from CardiAMP HF Trial Presented at Technology and Heart Failure Therapeutics (THT)

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BioCardia (Nasdaq: BCDA) presented late‑breaking echocardiography results from the Phase III CardiAMP HF trial on March 3, 2026 at THT. Core‑lab measured left ventricular volumes showed treated patients had less adverse remodeling overall and statistically significant, clinically meaningful volume reductions in a prespecified subgroup with elevated NTproBNP.

For that subgroup differences exceeded 20 ml/m2 (LVEDV) and 15 ml/m2 (LVESV) with p=0.02 and p=0.01, respectively; overall LVEDV and LVESV comparisons were not statistically significant (p=0.06 and p=0.09).

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Positive

  • Prespecified subgroup LVEDV reduction >20 ml/m2 (p=0.02)
  • Prespecified subgroup LVESV reduction 15 ml/m2 (p=0.01)
  • Findings aligned with reduced fatal/non‑fatal MACE and improved QoL endpoints

Negative

  • Overall LVEDV comparison not statistically significant (p=0.06)
  • Overall LVESV comparison not statistically significant (p=0.09)
  • Primary echocardiography benefits limited to prespecified biomarker subgroup

Key Figures

LVEDV p-value: p = 0.06 LVESV p-value: p = 0.09 LVEDV difference: >20 ml/m2 +5 more
8 metrics
LVEDV p-value p = 0.06 Left ventricular end diastolic volume comparison
LVESV p-value p = 0.09 Left ventricular end systolic volume comparison
LVEDV difference >20 ml/m2 Prespecified high-biomarker subgroup LVEDV difference
LVESV difference 15 ml/m2 Prespecified high-biomarker subgroup LVESV difference
Subgroup LVEDV p-value p = 0.02 High myocardial-stress biomarker subgroup LVEDV
Subgroup LVESV p-value p = 0.01 High myocardial-stress biomarker subgroup LVESV
Share price $1.37 Price prior to publication, up 4.65% over 24h
52-week range $1.00–$3.20 Low and high over past 52 weeks

Market Reality Check

Price: $1.37 Vol: Volume 84,045 is about 1....
normal vol
$1.37 Last Close
Volume Volume 84,045 is about 1.2x the 20-day average of 70,235, indicating elevated interest pre-announcement. normal
Technical Price at $1.37 is trading below the 200-day MA of $1.66 and well under the $3.20 52-week high.

Peers on Argus

Two peers in momentum scan, BRTX and BCTX, were both down around 5–7%, while BCD...
2 Down

Two peers in momentum scan, BRTX and BCTX, were both down around 5–7%, while BCDA was up 4.65%, suggesting this positive reaction was more stock-specific than the generally weaker peer tape.

Previous Clinical trial Reports

5 past events · Latest: Nov 10 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
Nov 10 Phase 3 enrollment Positive -0.8% Henry Ford Health enrolled its first patient in Phase 3 CardiAMP HF II.
Oct 30 Phase 3 enrollment Positive -3.8% University of Wisconsin enrolled first patient in CardiAMP HF II trial.
Jul 24 PMDA consultation Positive -3.8% Submitted CardiAMP data to Japan PMDA for clinical consultation on approval path.
May 01 Phase 3 trial start Positive -9.2% Announced first patient in Phase 3 randomized controlled CardiAMP HF II trial.
Apr 15 DSMB safety review Positive +3.5% Positive DSMB safety review for CardiALLO HF Phase 1/2 trial, allowing continuation.
Pattern Detected

Clinical-trial-related news for BCDA has often seen negative next-day price moves despite generally positive clinical narratives, with only one recent event showing aligned upside.

Recent Company History

Over the past year, BioCardia has focused on advancing its heart failure cell therapies through late-stage development and regulatory engagement. Clinical updates included first-patient enrollments in the Phase 3 CardiAMP HF II trial at multiple centers, a PMDA consultation request in Japan, and a positive DSMB review for the CardiALLO HF trial. Despite these largely constructive clinical milestones, share reactions around these updates often skewed negative. Today’s late-breaking echocardiography results add efficacy-oriented evidence to this ongoing clinical story.

Historical Comparison

-2.8% avg move · Clinical-trial headlines for BCDA over the past year averaged a -2.81% move. Today’s +4.65% reaction...
clinical trial
-2.8%
Average Historical Move clinical trial

Clinical-trial headlines for BCDA over the past year averaged a -2.81% move. Today’s +4.65% reaction to CardiAMP HF echocardiography data stands out versus typically weak responses.

The company’s clinical path has moved from initiating and expanding Phase 3 CardiAMP HF II enrollment and securing positive safety for CardiALLO, through PMDA consultation steps, to now presenting detailed Phase 3 echocardiographic remodeling data.

Market Pulse Summary

This announcement highlights late-breaking Phase III CardiAMP HF echocardiography data showing reduc...
Analysis

This announcement highlights late-breaking Phase III CardiAMP HF echocardiography data showing reduced adverse ventricular remodeling and statistically significant benefits in a high-biomarker subgroup, with p-values of 0.02 and 0.01. The findings align with prior signals of fewer major adverse cardiovascular events and better quality-of-life measures. In context of earlier Phase 3 enrollments and PMDA interactions, investors may watch for further confirmatory data, regulatory feedback, and how subgroup results influence the overall development strategy.

Key Terms

echocardiography, ischemic heart failure, heart failure of reduced ejection fraction, autologous cell therapy, +2 more
6 terms
echocardiography medical
"Echocardiography outcomes show treated patients having reduced negative remodeling"
An echocardiography is a noninvasive test that uses sound waves to create moving images of the heart, showing its size, pumping strength and how the valves work—think of it as an ultrasound camera for the heart. Investors care because these images provide objective measures used to diagnose heart disease, guide treatment decisions, support clinical-trial endpoints and drive demand for medical devices and services, which affects revenue and reimbursement outlooks.
ischemic heart failure medical
"Phase III clinical trial for ischemic heart failure of reduced ejection fraction"
Ischemic heart failure is a form of heart weakness caused when the heart muscle does not get enough blood and oxygen, usually because of narrowed or blocked coronary arteries. It matters to investors because it drives demand for treatments, medical devices, diagnostics and long-term care, influences health-care spending and reimbursement patterns, and can affect the financial outlook of drugmakers, hospitals and insurers much like a persistent market trend shapes demand for a product.
heart failure of reduced ejection fraction medical
"ischemic heart failure of reduced ejection fraction (HFrEF)"
A form of chronic heart disease where the heart’s main pumping chamber weakens and pushes out a smaller portion of blood with each beat, like a water pump that can’t deliver its full flow. It matters to investors because it drives demand for drugs, medical devices and clinical research, influences healthcare spending and regulatory decisions, and can affect revenue and risk for companies working on treatments or diagnostics.
autologous cell therapy medical
"Autologous Cell Therapy May Curb Pathological Ventricular Remodeling"
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.
left ventricular end diastolic volume medical
"measured both left ventricular end diastolic volume, when the heart ventricle"
Left ventricular end diastolic volume is the amount of blood held in the heart’s main pumping chamber just before it squeezes to send blood out to the body. Think of it like the amount of water in a balloon before you squeeze it: changes in that volume affect how forcefully the heart can pump and are used by doctors to assess heart function, which matters to investors because it can influence demand for related drugs, devices, clinical trial outcomes and regulatory decisions.
major adverse cardiovascular events medical
"reduced fatal and non-fatal major adverse cardiovascular events and improved"
Major adverse cardiovascular events (often abbreviated MACE) are a grouped set of serious heart- and blood-vessel problems—commonly heart attack, stroke, and death from cardiovascular causes—used as a single “scorecard” in clinical studies. Investors watch MACE results because they directly affect whether a treatment or device is seen as safe and effective, which in turn shapes regulatory approval, market access, potential sales, and legal or reputational risk.

AI-generated analysis. Not financial advice.

Echocardiography outcomes show treated patients having reduced negative remodeling of heart volumes  

SUNNYVALE, Calif., March 03, 2026 (GLOBE NEWSWIRE) -- BioCardia, Inc. [Nasdaq: BCDA], a developer of cellular and cell-derived therapeutics for the treatment of cardiovascular and pulmonary diseases, today reported late breaking echocardiography results from its Phase III clinical trial for ischemic heart failure of reduced ejection fraction (HFrEF), which affects millions of patients in the United States.   

The clinical results were presented by Dr. Amish Raval, M.D., Professor of Medicine at University of Wisconsin School of Medicine and Public Health and CardiAMP HF Trial National Co-Principal Investigator, in the late breaking clinical trial oral presentation session of the Technology and Heart Failure Therapeutics (THT) on behalf of the CardiAMP HF Investigators. The presentation was titled: Autologous Cell Therapy May Curb Pathological Ventricular Remodeling in Chronic Ischemic HFrEF Patients Selected for Favorable Cell Characteristics - Late Breaking Echocardiography Results from the CardiAMP HF Trial.

Dr. Raval reported that patients receiving the autologous CardiAMP cell therapy under investigation demonstrated positive evidence of decreased pathological left ventricular remodeling over time compared to patients not receiving the treatment. These results correlated to findings for the trial primary and key secondary endpoints of reduced fatal and non-fatal major adverse cardiovascular events and improved quality of life measures for treated patients. Echocardiography outcomes were measured by the blinded echo cardiography core laboratory at the Yale University Cardiovascular Research Group. The Yale core laboratory measured both left ventricular end diastolic volume, when the heart ventricle is fully dilated (p = 0.06), and left ventricular end systolic volume, when the heart is fully contracted (p=0.09). For the prespecified subgroup of patients having elevated biomarkers of heart stress, the differences between the treated and control patients were both clinically meaningful (>20ml/m2 and 15 ml/m2, respectively) and statistically significant (p = 0.02 and p = 0.01, respectively).

“In patients with baseline elevated NTproBNP levels, a biomarker of myocardial stress, CardiAMP treatment is associated with less adverse cardiac remodeling according to core-lab measured left ventricular volumes,” said Wilson Tang, MD, Professor of Medicine, Research Director of Heart Failure and Transplant, at Cleveland Clinic in Cleveland Ohio, and member of the Executive Steering Committee for the CardiAMP HF trials.

“The burden of heart failure continues to grow, cardiac ischemia dominates the cause, and the impact of current pharmaceuticals remains limited,” said Carl Pepine, MD, MACC, Professor of Medicine at University of Florida at Gainesville, and Co-National Principal Investigator for the CardiAMP HF trial. Today’s results from the CardiAMP-HF cell therapy trial are promising and show the potential of optimally targeting subgroups for treatment.”

BioCardia believes these results provide additional evidence in support of benefit for the CardiAMP Cell Therapy for patients with ischemic heart failure of reduced ejection fraction. Reduced ventricular size in ischemic heart failure has long been recognized as highly prognostic for more positive long-term outcomes for patients.1, 2

Today’s presentation is available on the BioCardia website: THT2026 CardiAMP HF

About CardiAMP Autologous Cell Therapy
Granted FDA Breakthrough designation, CardiAMP Cell Therapy uses a patient’s own bone marrow cells delivered to the heart in a minimally invasive, catheter-based procedure intended to increase capillary density and reduce tissue fibrosis of myocardial tissue to address microvascular dysfunction. Clinical development of the CardiAMP Cell Therapy for heart failure is supported by the Maryland Stem Cell Research Fund and is reimbursed by Centers for Medicare and Medicaid Services (CMS). 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 www.biocardia.com.

References

  1. Kramer DG, Trikalinos TA, Kent DM, Antonopoulos GV, Konstam MA, Udelson JE. Quantitative evaluation of drug or device effects on ventricular remodeling as predictors of therapeutic effects on mortality in patients with heart failure and reduced ejection fraction: a meta-analytic approach. J Am Coll Cardiol. 2010 Jul 27;56(5):392-406. doi: 10.1016/j.jacc.2010.05.011. PMID: 20650361; PMCID: PMC4523221.

  2. Ito K, Li S, Homma S, Thompson JLP, Buchsbaum R, Matsumoto K, Anker SD, Qian M, Di Tullio MR; WARCEF Investigators. Left ventricular dimensions and cardiovascular outcomes in systolic heart failure: the WARCEF trial. ESC Heart Fail. 2021 Dec;8(6):4997-5009. doi: 10.1002/ehf2.13560. Epub 2021 Sep 20. PMID: 34545701; PMCID: PMC8712869.

Forward Looking Statements 

This press release contains forward-looking statements that are subject to many risks and uncertainties. Forward-looking statements include, among other things, statements regarding our intentions, beliefs, projections, outlook, analyses or current expectations. Such risks and uncertainties include, among others, the inherent uncertainties associated with developing new products or technologies, regulatory approvals, unexpected expenditures, the ability to raise the additional funding needed to continue to pursue BioCardia’s business and product development plans, the ability to enter into licensing and partnering arrangements, and overall market conditions. These forward-looking statements are made as of the date of this press release, and BioCardia assumes no obligation to update the forward-looking statements.

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 progress 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 26, 2025, under the caption titled “Risk Factors” and in its 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, Marketing / 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 echocardiography results did BioCardia (BCDA) report from the CardiAMP HF Phase III trial on March 3, 2026?

Treated patients showed less adverse left ventricular remodeling, with subgroup volume reductions reaching statistical significance. According to the company, core‑lab measures found >20 ml/m2 LVEDV and 15 ml/m2 LVESV reductions in patients with elevated NTproBNP (p=0.02, p=0.01).

Did the CardiAMP HF trial show statistically significant echocardiography improvements for all treated patients (BCDA)?

No, overall echocardiography comparisons did not reach conventional significance. According to the company, overall LVEDV and LVESV had p=0.06 and p=0.09, respectively, with statistical significance observed specifically in the elevated NTproBNP subgroup.

How clinically meaningful were the volume changes reported for BCDA’s CardiAMP HF subgroup with elevated NTproBNP?

The subgroup changes were both clinically meaningful and statistically significant. According to the company, LVEDV decreased by >20 ml/m2 and LVESV by 15 ml/m2, changes described as clinically meaningful with p=0.02 and p=0.01.

How do the echocardiography findings relate to the CardiAMP HF trial primary endpoints for BioCardia (BCDA)?

Echocardiography improvements correlated with the trial’s primary and key secondary outcomes. According to the company, reduced adverse remodeling aligned with lower fatal/non‑fatal MACE rates and improved quality‑of‑life measures in treated patients.

Where were the CardiAMP HF echocardiography measurements for BioCardia (BCDA) performed and presented?

Measurements were performed by a blinded core lab and results were presented at THT. According to the company, the Yale University Cardiovascular Research Group conducted blinded echo analyses and results were presented March 3, 2026 at THT.
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Biotechnology
Biological Products, (no Diagnostic Substances)
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