Navigation Links
Cardica Announces Fiscal 2009 Fourth Quarter and Year End Financial Results
Date:8/13/2009

2 million, or $1.09 per share, compared to a net loss of $18.2 million, or $1.23 per share, for fiscal 2008.

Cash, cash equivalents and investments at June 30, 2009 were $5.3 million, compared to $8.4 million at March 31, 2009 and $23.3 million at June 30, 2008. As of June 30, 2009, Cardica had approximately 15.8 million common shares outstanding.

Milestones for Fiscal 2010

Cardica expects to achieve the following milestones over the course of fiscal 2010:

  • Begin selling C-Port(R) X-CHANGEII(TM);
  • Build a sales organization of 25 to 30 total sales representatives, including a direct salesforce, independent distributors and manufacturer's representatives, to support the sales effort for the C-Port and PAS-Port systems;
  • Complete animal testing of the Cardica Microcutter for general and thoracic surgery;
  • Complete tooling of Cardica Microcutter; and
  • Achieve additional milestones under Cardica's agreement with Cook for the development of a closure device for patent foramen ovale.

Financial Guidance for 2010

As Cardica transitions its cardiac surgery business to a small core direct sales force supported by independent distributors and manufacturer's representatives, Cardica is not able to provide product revenue guidance for fiscal 2010. For fiscal 2010, Cardica expects that research and development and sales, general and administrative expenses will total between $11 and $13 million, including non-cash stock-based compensation expense of approximately $1 million. Cardica expects its cash and cash equivalents to decline by approximately $2.5 million per quarter in fiscal 2010, without giving effect to any financing transactions.

Conference Call Details

Cardica's management will host a conference call today, August 13, 2009, at 4:30
'/>"/>

SOURCE Cardica, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine news :

1. Cardica Announces Proposed Public Offering of Common Stock
2. Cardica Announces Pricing of $34.7 Million Public Offering of Common Stock
3. Cardica Announces Live Webcast Demonstrating Breakthrough Device to Facilitate Beating Heart and Robotic Coronary Revascularization Surgery
4. Cardica Announces Exercise of Over-Allotment Option
5. Cardica to Announce Fiscal 2008 Second Quarter Financial Results on Thursday, January 24, 2008
6. Cardicas C-Port Anastomosis Systems for Coronary Artery Bypass Graft Procedures to be Used to Train Cardiothoracic Surgeons at Society of Thoracic Surgeons (STS) University
7. Cardicas C-Port Anastomosis Systems Facilitate Beating Heart Bypass Surgery in Study
8. Cardica to Announce Fiscal 2008 Third Quarter Financial Results on Tuesday, April 29, 2008
9. Cardica, Intuitive Surgical, MAQUET Cardiovascular and Transonic to Host Innovations in Revascularization Symposium
10. Renowned Leader and Educator in Robotic Cardiac Bypass Surgery Leverages Cardicas C-Port(R) Flex-A(R) Anastomosis System in His Practice and to Educate Cardiothoracic Surgeons
11. Cardica Names Frederick Bauer Vice President of Operations
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/21/2015)... FL (PRWEB) April 21, 2015 Patients ... conditions have a high-quality choice for receiving treatment at ... for patient safety and quality of care in the ... announced its bariatric surgical center has been accredited as ... Accreditation and Quality Improvement Program (MBSAQIP), a joint program ...
(Date:4/21/2015)... April 21, 2015 Henry Mayo Newhall ... Summit Care Exchange to automatically send continuation of ... needed to further improve communication with clinics and other ... Provider Alert solution. , “Provider Alert will ... the patient information they need to provide continuing care ...
(Date:4/21/2015)... ZeroWire ” was featured on NewsWatch as part of ... the latest and coolest technology products and services available ... and a technology expert, conducted the review and shared ... lifestyle management hub. , According to the Federal Bureau ... 2010. It goes without saying that home security should ...
(Date:4/21/2015)... Vancouver, BC (PRWEB) April 21, 2015 ... offers complimentary pick-up and delivery for clients that avail ... South Surrey by Angelo’s is done with hi-tech equipments, ... inconvenience for customers. They use all natural, high pressure ... as well as hand washing for area rugs made ...
(Date:4/21/2015)... 2015 Lowcostcarinsuranceprice.com has released a new blog ... for SUVs. , SUVs are large vehicles that ... an SUV and a smaller regular car shows that passengers ... This makes SUV safer in crashes, but these large vehicles ... situation. , It is now possible to find low ...
Breaking Medicine News(10 mins):Health News:Florida Hospital Tampa Achieves National Accreditation from the Metabolic and Bariatric Surgery Accreditation and Quality Improvement Program 2Health News:Florida Hospital Tampa Achieves National Accreditation from the Metabolic and Bariatric Surgery Accreditation and Quality Improvement Program 3Health News:Florida Hospital Tampa Achieves National Accreditation from the Metabolic and Bariatric Surgery Accreditation and Quality Improvement Program 4Health News:Henry Mayo Newhall Hospital to Improve Ambulatory Information Sharing with Summit Healthcare's Summit Provider Alert 2Health News:A Leader in Home Security was Featured on NewsWatch Television 2Health News:Angelo’s FabriClean Now Offers Area Rug Cleaning in South Surrey with Complimentary Pick-Up and Delivery 2Health News:Auto Insurance Quotes For SUVs Are Available Online 2
... NY) The American Association for Cancer Research (AACR), ... awarded Susan Band Horwitz, Ph.D. , the Rose ... molecular pharmacology at Albert Einstein College of Medicine ... Achievement in Cancer Research. Dr. Horwitz, who is ...
... HealthDay Reporter , WEDNESDAY, Feb. 9 (HealthDay News) ... build-up in the lungs of heart failure patients and alerts ... device reduces hospitalizations and improves quality of life for these ... pressure in the lungs that causes symptoms such a shortness ...
... innovative model of dementia care developed by researchers at ... Institute significantly reduces emergency department visits and hospitalizations, and ... older brains. The result is improved health for older ... according to a paper evaluating the model in real ...
... are twice as likely to have poor health if they ... new study by researchers at St. Michael,s Hospital. ... are significantly higher in poorer neighbourhoords. "But this research shows ... how strongly they are affected," said Heather White, a researcher ...
... you don,t like shots or needles, you,re in luck. New ... http://www.fasebj.org ) gives the development of new oral vaccinations a ... glands of mice. In addition, this research report also offers ... mucosal surfaces, even if direct injections into the body fail ...
... , THURSDAY, Feb. 10 (HealthDay News) -- Low levels ... with higher rates of obesity, researchers report. The finding ... cities tend to be thinner because they have more opportunities ... to drive most everywhere they go. For this study, ...
Cached Medicine News:Health News:Susan Band Horwitz, Ph.D., of Einstein, receives lifetime achievement award in cancer research 2Health News:Susan Band Horwitz, Ph.D., of Einstein, receives lifetime achievement award in cancer research 3Health News:Wireless Device Can Cut Heart Failure-Related Hospitalizations 2Health News:Wireless Device Can Cut Heart Failure-Related Hospitalizations 3Health News:New mode of dementia care improves health, lowers hospitalization rates 2Health News:Coastal Canadians living in high-risk neighborhoods in poorer health: Study 2Health News:Salivary glands as organs of immunity: New research makes oral immunization easier to swallow 2
(Date:4/21/2015)... SAN FRANCISCO , April 21, 2015   ... focusing on the advancement of cardiac care, announced today ... care systems in the U.S., will now be offering ... of long-term continuous cardiac monitoring. "At Banner ... by improving patient outcomes and services," said John ...
(Date:4/21/2015)... , April 21, 2015  Decision Diagnostics Corp. ... and the exclusive worldwide sales, service and regulatory ... FDA-cleared Green Alternative Strip, specifically designed to work ... OneTouch Ultra family of glucose testing meters, the ... today that Johnson & Johnson/Lifescan has requested an ...
(Date:4/21/2015)... , April 21, 2015  CryoLife, Inc. (NYSE: ... company focused on cardiac and vascular surgery, announced today ... on Tuesday, April 28, 2015.  On that day, the ... at 10:00 a.m. Eastern Time to discuss the results, ... Pat Mackin , Chairman, President and Chief Executive ...
Breaking Medicine Technology:Banner Health to Offer iRhythm ZIO Service for Continuous Cardiac Monitoring 2Banner Health to Offer iRhythm ZIO Service for Continuous Cardiac Monitoring 3Decision Diagnostics Shrugs Off New Attack As Johnson & Johnson Panics In Patent Case 2Decision Diagnostics Shrugs Off New Attack As Johnson & Johnson Panics In Patent Case 3CryoLife Announces Release Date and Teleconference Call Details for 2015 First Quarter Financial Results 2
... -- Chindex International, Inc. (NASDAQ: ... care services in China through the operations of United ... and affiliated ambulatory clinics, today announced that the Company ... and first half of 2011, which ended June 30, ...
... Apnex Medical, Inc., received investigational device exemption (IDE) approval ... begin a clinical study to evaluate the safety and ... treat obstructive sleep apnea (OSA). Data from this clinical ... application for the HGNS System to the FDA. ...
Cached Medicine Technology:Chindex International, Inc. to Report Financial Results for the Second Quarter and First Half of 2011 2Apnex Medical, Inc. Receives FDA Approval for Pivotal Clinical Study for Obstructive Sleep Apnea 2Apnex Medical, Inc. Receives FDA Approval for Pivotal Clinical Study for Obstructive Sleep Apnea 3
The Model 340DT is a new desk top pulse oximeter that was designed for continuous pulse oximetry and has visual and audible alarms to aid with patient monitoring....
... has expanded memory capabilities for overnight sleep screening., ... oxygen saturation and pulse rate data, and can ... your needs:, ,1. The Model 130 can ... a single patient, making the device ideally suited ...
... Cost-effective, portable, continuous, or ... system with alarms and an ... Home-Use and Sleep Study modes ... in the hospital or clinical ...
... The Autocorr Plus, the fourth in ... versatile pulse oximeter/ECG/Respiration Monitor, with 3 ... digital oximetry with SAC (Serial Autocorrelation) ... electroluminescent screen display provides two user ...
Medicine Products: