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Cardium Reports on Third Quarter 2010 Financial Results and Recent Developments
Date:11/9/2010

SAN DIEGO, Nov. 9, 2010 /PRNewswire-FirstCall/ -- Cardium Therapeutics (NYSE Amex: CXM) today reported highlights and financial results for its third quarter ended September 30, 2010.  Highlights of the quarter and recent developments include:

  • Website and market launch of Cardium's MedPodium product line, a portfolio of premium science-based, easy to use medicinals, neurologics, metabolics, nutraceuticals and aesthetics designed to promote and manage personal health.  The MedPodium product portfolio, which initially includes seven podiatry-focused advanced skin care products to promote foot health and comfort, are currently available MedPodium's web-based boutique at www.medpodium.com.  In the future, the Company plans to expand distribution and sell certain MedPodium products through various select distributors or retailers in the United States.
  • Planned addition of the new weight management product, Appexium™, to Cardium's MedPodium™ product line.  Appexium, a plant-derived non-prescription dietary supplement to be marketed under the trade name Linee™, is designed to facilitate healthy weight management.  Linee is expected to be launched and available for purchase at the MedPodium web boutique in mid-November.
  • Exclusive commercial development rights for certain novel supramacromolecular polymer complexes, which represent a potentially novel and practical way to integrate the use of Nitric Oxide into a variety of wound healing products, and that appear to be compatible with Cardium's Excellagen formulated collagen topical gel wound care dressing, which is currently the subject of a pending FDA 510(k) clearance application for marketing and sales in the United States.
  • New preclinical research findings demonstrating that the Company's Excellagen collagen woun
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