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Last updated on April 20, 2014 at 17:20 EDT

Latest Cardica Inc. Stories

2014-04-16 08:32:27

REDWOOD CITY, Calif., April 16, 2014 /PRNewswire/ -- Cardica, Inc. (Nasdaq: CRDC) today announced the pricing of an underwritten public offering of 32,500,000 shares of its common stock, offered at a price to the public of $0.85 per share, and 191,474 shares of its Series A convertible preferred stock, offered at a price to the public of $85.00 per share. The Series A convertible preferred stock is non-voting and is convertible into shares of Cardica common stock at a conversion rate...

2014-03-11 16:26:37

REDWOOD CITY, Calif., March 11, 2014 /PRNewswire/ -- Cardica, Inc. (Nasdaq: CRDC) today announced that Juan-Carlos Verdeja, M.D., F.A.C.S., completed the first surgical procedure in the United States using the MicroCutter XCHANGE(TM) 30 cutting and stapling device at West Kendall Baptist Hospital in Florida on March 3, 2014. The MicroCutter XCHANGE 30 is the only articulating five millimeter surgical stapler available today. "The availability of the MicroCutter XCHANGE 30 in the U.S....

2014-02-27 08:29:53

REDWOOD CITY, Calif., Feb. 27, 2014 /PRNewswire/ -- Cardica, Inc. (Nasdaq: CRDC) today announced it received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its MicroCutter XCHANGE(TM) 30 white cartridge for the stapling of thin tissue for use in multiple open or minimally-invasive surgical procedures for the transection, resection and/or creation of anastomoses in small and large intestine, as well as the transection of the appendix. In addition, Cardica...

2014-02-04 16:29:08

REDWOOD CITY, Calif., Feb. 4, 2014 /PRNewswire/ -- Cardica, Inc. (Nasdaq: CRDC) today announced financial results for its fiscal second quarter ended December 31, 2013. Cardica's management will hold a conference call at 4:30 p.m. Eastern Time to discuss the financial results and provide an update on the company's business. "In early January, we achieved a significant corporate and commercial milestone, receiving market clearance from the U.S. Food and Drug Administration (FDA) to begin...

2014-01-24 08:23:57

REDWOOD CITY, Calif., Jan. 24, 2014 /PRNewswire/ -- Cardica, Inc. (Nasdaq: CRDC) today announced that it will release financial results for its fiscal second quarter ended December 31, 2013, on Tuesday, February 4, 2014, after the markets close. Cardica's management will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results and provide an update on the company's business. Conference Call DetailsTo access the live conference call on February 4, 2014, at...

2014-01-13 08:28:11

REDWOOD CITY, Calif., Jan. 13, 2014 /PRNewswire/ -- Cardica, Inc. (Nasdaq: CRDC) today announced it has appointed Liam Burns to the position of Vice President, Sales and Marketing. "Liam has been working with Cardica for several years, and has helped us to establish relationships with key U.S. surgeons interested in the MicroCutter XCHANGE(TM) 30," said Bernard A. Hausen, M.D., Ph.D., president and CEO of Cardica. "As we begin our selective introduction of the MicroCutter XCHANGE...

2014-01-09 08:27:50

REDWOOD CITY, Calif., Jan. 9, 2014 /PRNewswire/ -- Cardica, Inc. (Nasdaq: CRDC) today announced it obtained 510(k) clearance of the MicroCutter XCHANGE(TM) 30 device and blue staple cartridge for medium thickness tissue from the U.S. Food and Drug Administration for use in multiple open or minimally-invasive surgical procedures for the transection, resection and/or creation of anastomoses in small and large intestine, as well as the transection of the appendix. The XCHANGE 30 is the...

2013-10-21 16:26:06

REDWOOD CITY, Calif., Oct. 21, 2013 /PRNewswire/ -- Cardica, Inc. (Nasdaq: CRDC) today announced that it will release financial results for its fiscal first quarter ended September 30, 2013, on Monday, November 4, 2013, after the markets close. Cardica's management will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results and provide an update on the company's business. Conference Call DetailsTo access the live conference call on November 4, 2013, at...

2013-09-11 08:28:02

REDWOOD CITY, Calif., Sept. 11, 2013 /PRNewswire/ -- Cardica, Inc. (Nasdaq: CRDC) today announced that Bernard A. Hausen, M.D., Ph.D., the company's president and CEO, is scheduled to present a corporate overview and update at the 4(th) Annual Craig-Hallum Alpha Select Conference in New York on Thursday, September 26( )at 1:25 p.m. Eastern Time. To access the live and subsequently archived webcast of the presentation, go to the Investor Relations section of the company's website at...

2013-08-16 08:23:53

REDWOOD CITY, Calif., Aug. 16, 2013 /PRNewswire/ -- Cardica, Inc. (Nasdaq: CRDC) today announced that it filed regulatory documents with the U.S. Food and Drug Administration (FDA) for marketing clearance of the MicroCutter XCHANGE(TM) 30, a cutting and stapling device designed to be used in multiple open and minimally invasive surgical procedures. The XCHANGE 30 has a cross-sectional area six times smaller than conventional surgical staplers and articulates up to 80 degrees in each...