CardiAMP autologous cell therapy
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BioCardia Reports Third Quarter 2025 Business Highlights and Financial Results
Globenewswire· 2025-11-12 21:40
Core Insights - BioCardia, Inc. reported its financial results for Q3 2025, highlighting ongoing developments in its cell therapy programs for cardiovascular diseases [1][2]. Financial Performance - The company closed a $6 million financing round, netting $5.2 million, which supports the approvability discussions for CardiAMP cell therapy and the submission for the Helix Transendocardial Delivery Catheter [2][5]. - Research and development expenses increased to $936,000 for Q3 2025 from $931,000 in Q3 2024, and for the nine months ended September 2025, expenses rose to $3.8 million from $3.0 million in the same period of 2024 [5]. - Selling, general and administrative expenses decreased to $552,000 in Q3 2025 from $825,000 in Q3 2024, and for the nine months ended September 2025, these expenses fell to $2.4 million from $2.8 million in the same period of 2024 [5]. - The net loss for Q3 2025 was $1.5 million, a decrease from $1.7 million in Q3 2024, while the net loss for the nine months ended September 2025 increased to $6.2 million from $5.7 million in the same period of 2024 [5][14]. Clinical Developments - CardiAMP autologous cell therapy showed promising results in patients with ischemic heart failure, with an average increase in exercise tolerance of 80 seconds and an 82% reduction in angina episodes at the six-month primary endpoint [3][4]. - The company is actively enrolling patients in the CardiAMP HF II phase 3 confirmatory trial, which focuses on patients with elevated biomarkers of heart stress [4][6]. - The Investigational New Drug application for CardiALLO allogeneic cell therapy is progressing, with no treatment-emergent adverse events reported in the low dose cohort [3][4]. Upcoming Milestones - Key upcoming milestones include the publication of roll-in cohort data for CardiAMP therapies in Q1 2026 and a request for a meeting with the FDA regarding the approvability of the CardiAMP system in Q4 2025 [6][8]. - The company anticipates a clinical review with Japan's PMDA for CardiAMP HF in Q4 2025, which could facilitate market entry in Japan [4][6]. Company Overview - BioCardia, Inc. is focused on developing cellular and cell-derived therapeutics for cardiovascular and pulmonary diseases, with its primary platforms being CardiAMP autologous and CardiALLO allogeneic cell therapies [9].
BioCardia Announces Henry Ford Health Enrolls Their First Patient in Phase 3 CardiAMP HF II Cell Therapy Pivotal Trial
Globenewswire· 2025-11-10 13:30
Core Insights - BioCardia, Inc. has initiated the enrollment of the first patient in its Phase 3 CardiAMP HF II clinical trial targeting ischemic heart failure with reduced ejection fraction (HFrEF) [1][2] - The CardiAMP HF II trial aims to confirm the safety and efficacy of the CardiAMP autologous cell therapy, which has shown promising results in previous studies despite not meeting the primary endpoint [2][3] - The trial is significant as it addresses a critical need for treatment options among the approximately 2 million patients in the U.S. and EU suffering from ischemic HFrEF [2][5] Company Overview - BioCardia is a leader in cellular and cell-derived therapeutics, focusing on cardiovascular and pulmonary diseases, with its headquarters in Sunnyvale, California [7] - The company is developing two main biotherapeutic platforms: CardiAMP autologous and CardiALLO allogeneic cell therapies, with three clinical stage product candidates [7] - The CardiAMP Cell Therapy has received FDA Breakthrough designation and is designed to treat microvascular dysfunction by using a patient's own bone marrow cells [5][7] Clinical Trial Details - The CardiAMP HF II study is a randomized, multicenter, placebo-controlled trial involving 250 patients, focusing on those with elevated NTproBNP levels [3] - The primary outcome measure includes all-cause death, nonfatal major adverse cardiac events, and a validated quality of life measure, similar to the previous CardiAMP HF study [3] - Advances in the trial include improved cell population analysis for treatment dosing and enhancements to the Helix system, including the FDA-approved Morph DNA steerable platform [4][5]
BioCardia Announces University of Wisconsin Enrolls Their First Patient in Phase 3 CardiAMP HF II Cell Therapy Pivotal Trial
Globenewswire· 2025-10-30 12:00
Core Insights - BioCardia, Inc. has enrolled its first patient in the Phase 3 CardiAMP HF II clinical trial at the University of Wisconsin School of Medicine and Public Health, focusing on the treatment of ischemic heart failure [1][2] Company Overview - BioCardia is a leader in cellular and cell-derived therapeutics aimed at treating cardiovascular and pulmonary diseases, with a focus on the CardiAMP autologous cell therapy [7] - The company is headquartered in Sunnyvale, California, and has three clinical stage product candidates in development [7] Clinical Trial Details - The CardiAMP HF II study is a 250-patient randomized multicenter, placebo-controlled trial designed to evaluate the safety and efficacy of CardiAMP cell therapy in patients with ischemic heart failure with reduced ejection fraction (HFrEF) [3] - The trial aims to confirm previous safety and efficacy results observed in the earlier CardiAMP HF study, utilizing a composite primary outcome measure that includes all-cause death, nonfatal major adverse cardiac events, and a validated quality of life measure [3] Therapeutic Approach - CardiAMP cell therapy has received FDA Breakthrough designation and involves using a patient's own bone marrow cells delivered to the heart through a minimally invasive procedure [5] - The therapy aims to increase capillary density and reduce tissue fibrosis, addressing microvascular dysfunction in heart failure patients [5] Technological Advancements - The trial incorporates advancements such as cell population analysis for treatment dose definition and improvements to the Helix system, including the FDA-approved Morph DNA steerable platform [4]
BioCardia Regains Compliance with Nasdaq Listing Requirements
Globenewswire· 2025-10-02 12:00
Core Points - BioCardia, Inc. has regained compliance with Nasdaq Capital Market's Listing Requirements, confirming its ability to continue trading under the symbol "BCDA" [1][2] - The company has successfully improved its balance sheet by raising new capital to support the development of its therapeutic candidates and advance its approved products [1][2] Company Overview - BioCardia, Inc. is a leader in cellular and cell-derived therapeutics aimed at treating cardiovascular and pulmonary diseases [2] - The company has two main biotherapeutic platforms: CardiAMP autologous and CardiALLO™ allogeneic cell therapies, with three clinical stage product candidates currently in development [2] - BioCardia utilizes its Helix™ biotherapeutic delivery and Morph vascular navigation product platforms, and is set to introduce the Heart3D fusion imaging platform [2] - The company engages in selective partnerships for biotherapeutic delivery with peers developing significant biologic therapies [2]
BioCardia Announces Positive Preliminary Clinical Consultation with Japan Pharmaceutical and Medical Device Agency on Cell Therapy for Ischemic Heart Failure
Globenewswire· 2025-09-22 12:00
Core Insights - BioCardia, Inc. has had a positive preliminary clinical consultation with Japan's PMDA regarding the CardiAMP Heart Failure Trial results, which is a step towards formal clinical consultation for regulatory approval [1][2][3] - The PMDA has requested additional details on various aspects of the trial, including statistical power and risk-benefit profiles, indicating a thorough review process [2] - BioCardia aims to provide access to its therapies for patients with significant needs, particularly those with limited treatment options, as highlighted by the benefits observed in the CardiAMP HF study [3] Company Overview - BioCardia, Inc. is a leader in cellular and cell-derived therapeutics focused on cardiovascular and pulmonary diseases, with its headquarters in Sunnyvale, California [4] - The company is developing three cardiac clinical stage product candidates, utilizing its Helix™ biotherapeutic delivery and Morph vascular navigation platforms, along with the upcoming Heart3D™ fusion imaging platform [4] - BioCardia selectively partners with other organizations to enhance biotherapeutic delivery and develop important biologic therapies [4]
BioCardia Announces Pricing of Up To $12 Million Public Offering
Globenewswire· 2025-09-18 13:15
Group 1 - BioCardia, Inc. announced a public offering of 4,800,000 shares of common stock and short-term warrants at a combined price of $1.25 per share [1][3] - The gross proceeds from the offering are expected to be $6 million, with an additional potential $6 million from the exercise of short-term warrants [3] - The company plans to use the net proceeds for working capital and general corporate purposes, including advancing investigational biotherapeutic candidates [3][6] Group 2 - H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering [2] - The offering is being conducted under a registration statement on Form S-1, which was declared effective by the SEC on September 18, 2025 [4] - BioCardia is a leader in cellular and cell-derived therapeutics for cardiovascular and pulmonary diseases, with three clinical stage product candidates in development [6]
BioCardia CEO Peter Altman to Present at the H. C. Wainwright 27th Annual Global Investment Conference in New York City September 8-10, 2025
Globenewswire· 2025-09-04 13:00
Core Insights - BioCardia, Inc. is set to present a corporate update at the H. C. Wainwright 27th Annual Global Investment Conference, highlighting recent progress and milestones in their therapeutic developments [1][4] - The presentation will focus on three clinical cell therapy programs aimed at treating ischemic heart disease, along with ongoing regulatory efforts for FDA and Japan PMDA approvals for their CardiAMP cell therapy [2][3] - BioCardia has recently formed a partnership to develop and commercialize Heart3D fusion imaging and is pursuing nondilutive funding for its CardiALLO allogeneic mesenchymal stem cell program [3] Presentation Details - Dr. Peter Altman, President and CEO of BioCardia, will present on September 10, 2025, at 2:00 PM ET at the Lotte New York Palace Hotel [2][7] - The conference will take place from September 8-10, 2025, and registered attendees can access the presentation through the conference platform [4][5] - Attendees are encouraged to request one-on-one meetings with the company through various channels [4]
BioCardia Reports Second Quarter 2025 Business Highlights and Financial Results
Globenewswire· 2025-08-11 13:15
Core Insights - BioCardia, Inc. reported its financial results for Q2 2025, highlighting advancements in its cellular and cell-derived therapeutics for cardiovascular and pulmonary diseases [1][6] Recent Business Highlights - The CardiAMP autologous cell therapy for ischemic heart failure (BCDA-01) demonstrated a 107-second increase in exercise tolerance and an 82% reduction in angina episodes at the six-month follow-up [2] - The CardiALLO allogeneic cell therapy (BCDA-03) is progressing with a Phase 1/2 trial, having completed a low dose cohort with no adverse events reported [2][4] - The CardiAMP HF Trial results indicated a lower incidence of all-cause death and non-fatal major adverse cardiovascular events (MACCE) compared to the control group [3] Financial Results - Research and development expenses rose to approximately $1.4 million for Q2 2025, up from $0.8 million in Q2 2024, primarily due to activities related to the CardiAMP HF Trial [8] - The net loss for Q2 2025 was approximately $2.0 million, compared to $1.6 million in Q2 2024, attributed to increased trial-related expenses [8][15] - Cash balance as of June 30, 2025, was approximately $980,000, with subsequent stock sales increasing the balance to approximately $1.1 million [8][16] Intellectual Property - BioCardia's patent portfolio was strengthened with the issuance of US patent No. 12,311,127 for a delivery catheter system, enhancing its capabilities in minimally invasive heart therapies [5] Anticipated Upcoming Milestones - The company plans to submit for approval of the Helix biotherapeutic delivery system in Q3 2025 and anticipates key meetings with regulatory agencies in Q4 2025 [9][13]
BioCardia to Host Q2 2025 Corporate Update and Financial Results Conference Call on August 11, 2025
Globenewswire· 2025-08-06 19:18
Core Insights - BioCardia, Inc. will provide a corporate update and report its financial results for Q2 2025 on August 11, 2025, at 4:30 PM ET [1] - The company specializes in cellular and cell-derived therapeutics aimed at treating cardiovascular and pulmonary diseases [4] Company Overview - BioCardia is headquartered in Sunnyvale, California, and is recognized as a global leader in its field [4] - The company has developed two main biotherapeutic platforms: CardiAMP autologous and CardiALLO™ allogeneic cell therapies, with three clinical stage product candidates currently in development [4] - BioCardia's therapies are supported by its Helix biotherapeutic delivery and Morph vascular navigation product platforms [4] Conference Call Details - Participants can register for the conference call via a specific link and will receive their dial-in number upon registration [2] - For those not registered, U.S. callers can dial 1-833-316-0559, while international callers should use 1-412-317-5730, with a recommendation to join the call 10 minutes early [2] - A live webcast of the call will also be available through a provided link [2] Replay Information - A replay of the conference call will be accessible approximately one hour after its conclusion through the same links [3] - Telephonic replay options are available for domestic and international callers using specific access codes [3]
Henry Ford Health Initiates Patient Enrollment for BioCardia’s CardiAMP HF II Pivotal Study for Ischemic Heart Failure of Reduced Ejection Fraction
Globenewswire· 2025-07-16 12:45
Core Viewpoint - BioCardia, Inc. is advancing its CardiAMP HF II trial for ischemic heart failure, enrolling patients at Henry Ford Health, aiming to confirm the efficacy of its autologous cell therapy [1][2][4] Company Overview - BioCardia, Inc. is a leader in cellular and cell-derived therapeutics focused on cardiovascular and pulmonary diseases, with its headquarters in Sunnyvale, California [9] - The company is developing two biotherapeutic platforms: CardiAMP autologous and CardiALLO™ allogeneic cell therapies, with three clinical stage product candidates [9] Clinical Trial Details - The CardiAMP HF II trial is a 250-patient randomized multicenter placebo-controlled study targeting patients with ischemic HFrEF on guideline-directed medical therapy [4] - The trial aims to confirm safety and efficacy results observed in the previous CardiAMP HF study, utilizing a three-tier composite primary outcome measure [4] - The investigational therapy involves harvesting patients' own bone marrow cells, which are processed and delivered during a minimally invasive procedure [2][4][6] Importance of the Trial - The CardiAMP HF cell therapy trials are crucial for patients with ischemic heart failure, providing potential new treatment options [2] - The therapy is designed to promote microvascular repair, reduce fibrosis, and increase capillary density, addressing mechanisms of microvascular dysfunction [6] Industry Context - Heart failure affects approximately 6.2 million adults in the U.S., with about 960,000 new cases diagnosed each year [5] - Current treatments for heart failure include lifestyle changes, medications, and surgical procedures, but many patients do not respond well or experience adverse effects [5]