Welcome to our dedicated page for Biocardia news (Ticker: BCDA), a resource for investors and traders seeking the latest updates and insights on Biocardia stock.
BioCardia, Inc. (NASDAQ: BCDA) generates news centered on its development of cellular and cell-derived therapeutics for cardiovascular and pulmonary disease. As a clinical-stage company headquartered in Sunnyvale, California, its updates often relate to progress in late-stage trials, regulatory interactions, and advances in its enabling delivery and imaging technologies.
Investors and clinicians following BCDA news can expect regular coverage of the CardiAMP autologous cell therapy platform in ischemic heart failure with reduced ejection fraction (HFrEF) and chronic myocardial ischemia with refractory angina, as well as the CardiALLO allogeneic mesenchymal stem cell platform in ischemic heart failure. Recent announcements have highlighted Phase 3 CardiAMP HF II trial enrollment at leading centers, subgroup efficacy signals from prior trials, and discussions with Japan’s Pharmaceuticals and Medical Devices Agency (PMDA) on the potential approvability of CardiAMP Cell Therapy for HFrEF.
News items also address BioCardia’s Helix transendocardial biotherapeutic delivery system, Morph vascular navigation platform, and Heart3D fusion imaging platform, including updates on planned regulatory submissions and performance in preclinical and clinical settings. Corporate developments such as leadership appointments, board changes, financing activities, and Nasdaq listing compliance updates are disclosed through press releases and corresponding SEC filings.
This BCDA news page brings together these announcements so readers can follow clinical milestones, regulatory consultations, device platform progress, and governance developments in one place. For those tracking investigational therapies in heart failure, refractory angina, and related conditions, the BioCardia news feed provides an ongoing view into how the company’s programs and platforms are evolving over time.
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BioCardia, Inc. (Nasdaq: BCDA) announced the issuance of two significant patents that enhance its capabilities in cellular therapies for cardiovascular diseases. The U.S. Patent Office granted Patent Number 11,716,859 for a 'Multi-Directional Steerable Catheter' which will expire in 2035, supporting advanced catheter navigation and performance. Additionally, the Indian Patent Office issued Patent Number 424579 for 'Steerable Endoluminal Devices,' which will expire in late 2031, reflecting the robust design of BioCardia’s products used in over 10,000 patient treatments. These patents are expected to strengthen BioCardia's market position and protect its innovative therapeutic approaches.
BioCardia, Inc. (Nasdaq: BCDA) announced its 2022 financial results, reporting revenues of $1.4 million, a rise from $1.0 million in 2021, driven by collaborations and performance obligations. R&D expenses increased to $8.8 million, while SG&A costs decreased to $4.4 million. The net loss narrowed to $11.9 million, down from $12.6 million in the previous year. Notably, BioCardia is advancing four clinical studies in novel cell therapies for heart failure and pulmonary conditions, with potential catalysts for growth in 2023. The company ended 2022 with $7.4 million in cash, providing operational runway through Q3 2023.