BioCardia Announced A Long-term Partnership To Advance StemCardia's Investigational Pluripotent Stem Cell Product Candidate For The Treatment Of Heart Failure
Portfolio Pulse from Benzinga Newsdesk
BioCardia has entered into a long-term partnership with StemCardia to advance the latter's investigational pluripotent stem cell product candidate for treating heart failure. BioCardia will be the exclusive biotherapeutic delivery partner throughout the FDA approval process for an investigational new drug application (IND) and the expected Phase I/II clinical trials.
March 13, 2024 | 11:14 am
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BioCardia's partnership with StemCardia to advance a stem cell therapy for heart failure could significantly impact its position in the biotech market, especially if the therapy progresses successfully through FDA approval and clinical trials.
The partnership with StemCardia positions BioCardia at the forefront of developing advanced therapies for heart failure, a significant market. Success in obtaining FDA IND approval and positive outcomes from Phase I/II trials could lead to increased investor confidence and potential stock price appreciation.
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