BioCardia

BioCardia

BCDA
Is this your company? Claim your profile to update info and connect with investors.
Claim profile

BCDA · Stock Price

USD 1.09-0.11 (-9.17%)
Market Cap: $12.2M

Historical price data

Overview

BioCardia's mission is to advance cardiovascular regenerative medicine through its targeted, minimally invasive delivery platforms. Its core achievement is the development of the Helix™ transendocardial delivery system, which has been used in multiple clinical trials for heart failure. The company's strategy is twofold: advancing its own autologous cell therapy programs while actively seeking partnerships to deploy its delivery technology with third-party therapeutics. Despite its innovative approach, BioCardia operates as a micro-cap company facing significant financial and execution challenges.

Cardiovascular DiseaseHeart Failure

Technology Platform

Proprietary, catheter-based Helix™ Transendocardial Delivery System and Morph® steerable guide for minimally invasive, targeted delivery of cell and gene therapies directly into the heart muscle.

Funding History

15
Total raised:$225.2M
PIPE$10M
Series G$35M
Series F$30M
Series E$25M

Opportunities

A successful Phase III trial for CardiAMP could unlock a multi-billion dollar heart failure market.
The platform-agnostic delivery technology presents a recurring revenue opportunity through partnerships with other cell and gene therapy developers seeking targeted cardiac delivery.

Risk Factors

High risk of clinical trial failure for its pivotal Phase III program.
Severe financial constraints and persistent going concern risk due to pre-revenue status and micro-cap valuation limit operational runway and necessitate dilutive financings.

Competitive Landscape

Faces competition from other heart failure cell therapy developers (e.g., Mesoblast) and from large medical device firms capable of developing similar delivery catheters. Its first-mover FDA clearance for cardiac cell delivery is a key, but potentially erodible, advantage.