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BioCardia, Inc. - BCDA STOCK NEWS

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) is a cutting-edge clinical-stage company based in Sunnyvale, California, specializing in the development of cellular and cell-derived therapeutics for the treatment of cardiovascular and pulmonary diseases. The company’s biotherapeutic platforms, CardiAMP™ and CardiALLO™, are designed to address serious unmet medical needs and are supported by compelling clinical data.

Core Business:
BioCardia’s primary focus is on advancing novel therapies for cardiovascular diseases. The CardiAMP™ platform utilizes autologous bone marrow cells for treating ischemic heart failure with reduced ejection fraction (HFrEF) and chronic myocardial ischemia (CMI). Meanwhile, CardiALLO™ leverages allogeneic mesenchymal stem cells (MSC) to offer an “off-the-shelf” solution for HFrEF and acute respiratory distress syndrome (ARDS).

Recent Achievements:
BioCardia has made significant strides in its clinical trials. Recently, the Phase III trial for CardiAMP in advanced chronic heart failure patients showed promising interim results, including a 37% relative risk reduction in heart death equivalents and significant improvements in various clinical endpoints. Additionally, the FDA has approved the CardiAMP Heart Failure II Trial with reimbursement coverage from CMS.

Current Projects:
The company is actively enrolling patients in multiple clinical trials. The CardiAMP HF II Trial aims to confirm the efficacy of the CardiAMP Cell Therapy, while the CardiALLO trial is progressing through its dose escalation phase with no observed adverse events to date.

Partnerships and Products:
BioCardia collaborates with several biotherapeutic companies, providing its proprietary Helix™ transendocardial delivery systems and Morph® vascular access products. These platforms are designed for precise and safe delivery of therapeutic agents to the heart, enhancing the efficacy of the treatments.

Financial Condition:
BioCardia continues to secure funding through various channels, including federal reimbursements and partnerships. The company’s robust pipeline and strategic collaborations provide a solid foundation for future growth and development.

Conclusion:
BioCardia, with its focus on innovative biotherapeutic solutions and strong clinical data, is poised to make a significant impact in the treatment of cardiovascular diseases. The company’s ongoing trials and partnerships underscore its commitment to advancing medical science and improving patient outcomes. For more information, visit www.BioCardia.com.

Rhea-AI Summary
BioCardia reports financial results for Q2 2023 and provides updates on clinical trials. Enrollment in autologous cell therapy trial for ischemic heart failure paused based on DSMB recommendation. Other clinical programs reaching important milestones. Business development active around Helix biotherapeutic delivery platform.
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Rhea-AI Summary
BioCardia, Inc. [Nasdaq: BCDA] announces the pause of the Phase III pivotal CardiAMP® Cell Therapy Heart Failure Trial after the independent Data Safety Monitoring Board's (DSMB) data review. The DSMB recommended pausing new patient enrollment and any potential crossover patient procedures pending an outcomes analysis of patients currently completing the one-year follow-up, based on an analysis of the trial data and primary FS composite endpoint assessment. The interim review was based on available data for 132 procedures involving 111 randomized patients, showing improved health outcomes in aggregate for patients followed-up through all key visit dates through 12-months.
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FAQ

What is the current stock price of BioCardia (BCDA)?

The current stock price of BioCardia (BCDA) is $2 as of December 24, 2024.

What is the market cap of BioCardia (BCDA)?

The market cap of BioCardia (BCDA) is approximately 9.2M.

What is BioCardia, Inc.?

BioCardia, Inc. is a clinical-stage regenerative medicine company developing cellular and cell-derived therapeutics for cardiovascular and pulmonary diseases.

What are the main products of BioCardia?

BioCardia's main products are the CardiAMP™ autologous cell therapy and the CardiALLO™ allogeneic cell therapy platforms.

What recent achievements has BioCardia accomplished?

BioCardia has achieved positive interim results in its Phase III CardiAMP trial and received CMS approval for reimbursement coverage of its CardiAMP HF II Trial.

What is the CardiAMP Cell Therapy?

CardiAMP Cell Therapy is an autologous therapy using a patient's own bone marrow cells delivered to the heart to stimulate natural healing processes.

What diseases are targeted by CardiALLO therapy?

CardiALLO therapy targets ischemic heart failure with reduced ejection fraction (HFrEF) and acute respiratory distress syndrome (ARDS).

What are BioCardia’s delivery systems?

BioCardia uses the Helix™ transendocardial delivery system and Morph® vascular access products for precise and safe delivery of therapeutic agents to the heart.

How is BioCardia funded?

BioCardia secures funding through federal reimbursements, partnerships, and various other channels to support its clinical trials and development programs.

What partnerships does BioCardia have?

BioCardia collaborates with several biotherapeutic companies, providing its proprietary delivery systems and development support for their programs.

Where is BioCardia headquartered?

BioCardia is headquartered in Sunnyvale, California.

Where can I learn more about BioCardia?

For more information, visit BioCardia’s official website at www.BioCardia.com.

BioCardia, Inc.

Nasdaq:BCDA

BCDA Rankings

BCDA Stock Data

9.17M
3.92M
14.07%
2.22%
2.46%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States of America
SUNNYVALE