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Biocardia Stock Price, News & Analysis

BCDAW NASDAQ

Company Description

BioCardia, Inc. (associated with the trading symbol BCDAW) is described in its public disclosures as a clinical-stage regenerative medicine company focused on developing novel therapeutics for cardiovascular diseases with large unmet medical needs. According to available information, BioCardia is involved in cellular and cell-directed therapeutics that target cardiovascular and pulmonary diseases, and it develops proprietary biotherapeutic solutions and delivery systems to support these therapies.

The company has stated that it is developing comprehensive biotherapeutic solutions for cardiovascular disease in its CardiAMP and Cardiallo therapies. Clinical results supporting these therapeutic programs are described as compelling and build upon rigorous data in the field related to intramyocardial delivery of marrow-derived cells. These programs are enabled by BioCardia’s Helix transendocardial delivery systems and Morph vascular access products, which are also partnered to support other biotherapeutic programs.

Business focus and technology

BioCardia’s disclosures characterize it as a global leader in cellular and cell-directed therapeutics for the treatment of cardiovascular and pulmonary diseases. Its work includes the development of the CardiAMP Cell Therapy System, which is referenced in regulatory and clinical contexts, and the Helix Transendocardial Delivery Catheter. These technologies are used in connection with intramyocardial delivery of cell-based therapies and are part of the company’s approach to treating heart failure and related cardiovascular conditions.

The company has reported activities related to regulatory pathways for its CardiAMP Cell Therapy System, including seeking approvals from the U.S. Food and Drug Administration (FDA) and Japan’s Pharmaceuticals and Medical Devices Agency (PMDA). It has also described a pivotal Phase 3 CardiAMP HF II trial enrolling patients with ischemic heart failure, indicating that its therapeutic programs are being evaluated in advanced-stage clinical studies.

Partnerships and imaging platform

BioCardia has disclosed an exclusive development and commercialization agreement with CART-Tech B.V., a provider of vendor independent platform technology for augmented fluoroscopy during cardiac interventions. Under this agreement, the parties are working on Heart3D Fusion Imaging. The Heart3D system is expected to enhance two-dimensional x-ray images used for cardiac biotherapeutic delivery and biopsy procedures by fusing them with annotated pre-procedure three-dimensional anatomical heart models created from MRI and CT imaging. This collaboration is intended to support more precise delivery and assessment of cardiac biotherapeutic procedures.

Intellectual property and delivery systems

In its regulatory filings, BioCardia has reported that the United States Patent Office granted a patent titled “Radial and Trans-endocardial Delivery Catheter.” This patent relates to catheter technology that is consistent with the company’s focus on transendocardial delivery systems for cardiovascular therapies. The Helix transendocardial delivery systems and Morph vascular access products are core enabling technologies for the company’s cell therapy programs and for other partnered biotherapeutic initiatives.

Regulatory and capital markets activity

BioCardia has reported multiple material events through current reports on Form 8-K. These include press releases on clinical trial enrollment, regulatory consultations, and anticipated timing of regulatory activities for its CardiAMP Cell Therapy System and Helix Transendocardial Delivery Catheter. The company has also disclosed private placement transactions involving shares of common stock and warrants, entered into with qualified institutional buyers, institutional accredited investors, and certain members of its board of directors and executive officers. The proceeds from such private placements have been described as intended for general corporate purposes.

The company’s filings reference the use of registration statements with the U.S. Securities and Exchange Commission to provide for the resale of shares and issuable shares underlying warrants, and they describe reliance on exemptions from registration under the Securities Act of 1933 for certain private offerings. These disclosures reflect BioCardia’s use of capital markets to support its ongoing clinical and development activities.

Clinical and geographic context

BioCardia has reported that its CardiAMP autologous cell therapy investigational heart failure treatment has been submitted for clinical consultation with Japan’s PMDA, highlighting Japan as an important market for advanced heart failure therapies in the company’s planning. It has also announced that a major health institution in Detroit, Michigan is enrolling patients with ischemic heart failure in the pivotal Phase 3 CardiAMP HF II trial, underscoring the clinical-stage nature of its programs and their evaluation in real-world healthcare settings.

The company’s principal executive offices are located in Sunnyvale, California, reflecting its base within a major U.S. hub for medical technology and life sciences companies. This location aligns with its focus on medical devices, delivery systems, and regenerative medicine technologies for cardiovascular and pulmonary diseases.

Role of BCDAW

The symbol BCDAW is associated with BioCardia in the context of the company’s securities, including warrants referenced in its SEC filings. Investors researching BCDAW are typically looking at securities linked to BioCardia’s broader business in clinical-stage regenerative medicine, cardiovascular cell therapies, and related delivery technologies. Understanding the underlying company, its therapeutic programs, and its regulatory and clinical milestones can be important when evaluating instruments tied to this symbol.

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Frequently Asked Questions

What is the current stock price of Biocardia (BCDAW)?

The current stock price of Biocardia (BCDAW) is $0.019 as of April 16, 2024.

What does BioCardia, associated with the BCDAW symbol, focus on?

According to its public disclosures, BioCardia is a clinical-stage regenerative medicine company developing novel therapeutics for cardiovascular diseases with large unmet medical needs. It focuses on cellular and cell-directed therapeutics and enabling delivery systems for cardiovascular and pulmonary diseases.

What therapeutic programs has BioCardia described in its disclosures?

BioCardia has described its CardiAMP and Cardiallo therapies as proprietary biotherapeutic solutions for cardiovascular disease. These programs build on data related to intramyocardial delivery of marrow-derived cells and are supported by the company’s Helix transendocardial delivery systems and Morph vascular access products.

What is the CardiAMP Cell Therapy System mentioned in BioCardia’s filings?

The CardiAMP Cell Therapy System is referenced by BioCardia in connection with regulatory activities and clinical trials for heart failure. It is part of the company’s autologous cell therapy approach for heart failure and is linked to the Helix Transendocardial Delivery Catheter for targeted delivery within the heart.

How is BioCardia advancing its therapies through clinical trials?

BioCardia has reported a pivotal Phase 3 CardiAMP HF II trial enrolling patients with ischemic heart failure. It has also described clinical consultation with Japan’s Pharmaceuticals and Medical Devices Agency for its CardiAMP autologous cell therapy investigational heart failure treatment, indicating advanced-stage clinical evaluation.

What is the Heart3D Fusion Imaging agreement involving BioCardia?

BioCardia has entered into an exclusive development and commercialization agreement with CART-Tech B.V. for Heart3D Fusion Imaging. The Heart3D system is expected to enhance two-dimensional x-ray images used for cardiac biotherapeutic delivery and biopsy procedures by fusing them with annotated three-dimensional anatomical heart models created from MRI and CT imaging.

What delivery technologies has BioCardia highlighted?

BioCardia highlights its Helix transendocardial delivery systems and Morph vascular access products as key technologies. These systems support intramyocardial delivery of cell-based therapies and are used in the company’s own programs as well as in partnered biotherapeutic initiatives.

What patent related to its delivery systems has BioCardia reported?

BioCardia has reported that the United States Patent Office granted US Patent No. 12,311,127 titled “Radial and Trans-endocardial Delivery Catheter.” This patent aligns with the company’s focus on catheter-based transendocardial delivery for cardiovascular therapies.

How does BioCardia use capital markets to support its activities?

In its SEC filings, BioCardia has disclosed private placements of common stock and warrants with qualified institutional buyers, institutional accredited investors, and certain directors and executive officers. The company has stated that net proceeds from such private placements are intended for general corporate purposes and has described related registration rights for resale of the securities.

Where is BioCardia headquartered?

BioCardia’s SEC filings list its principal executive offices in Sunnyvale, California. This location is noted in the address section of multiple current reports on Form 8-K.

What is the relationship between BCDAW and BioCardia?

BCDAW is a trading symbol associated with securities of BioCardia, Inc., including warrants referenced in the company’s SEC filings. Researching BCDAW typically involves understanding BioCardia’s clinical-stage regenerative medicine business, its cardiovascular cell therapy programs, and its related delivery technologies.