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Cardica Announces Fiscal 2011 Third Quarter Financial Results
Date:5/10/2011

arkets its automated anastomosis systems, the C-Port(R) Distal Anastomosis Systems and PAS-Port(R) Proximal Anastomosis System, for coronary artery bypass graft (CABG) surgery and has shipped over 34,500 units throughout the world. In addition, the company is developing the Cardica Microcutter XPRESS(TM) 30, a true multi-fire endoscopic stapling device designed to be used in a variety of procedures, including bariatric, thoracic and general surgery. The Cardica Microcutter XPRESS 30 requires a 510(k) review and is not yet commercially available. 

Forward-Looking Statements This press release contains "forward-looking" statements, including all statements regarding the continued development, commercial launch and first-in-man use of products in Cardica's proposed microcutter product line, including the Cardica Microcutter XPRESS 30, and Cardica's expectations regarding future sales of its automated anastomosis products. Any statements contained in this press release that are not historical facts may be deemed to be forward-looking statements. The words "continue," "anticipated," "ensure," "believe," "plan," "expect" and similar expressions are intended to identify forward-looking statements. There are a number of important factors that could cause Cardica's results to differ materially from those indicated by these forward-looking statements, including that Cardica may not be successful in its efforts to complete the development and initiate first-in-man use of the Cardica Microcutter XPRESS 30 on Cardica's anticipated timeframe, if at all, or develop any other microcutter products; that Cardica's current and any future products may never gain any significant degree of market acceptance; that any future Cardica products face development, regulatory, reimbursement and manufacturing risks; that Cardica's intellectual property rights may not provide adequate protection; that Cardica's sales, marketing and distribution strategy and capabilities may not be
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SOURCE Cardica, Inc.
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Related medicine technology :

1. Cardica to Announce Fiscal 2011 Third Quarter Financial Results on Tuesday, May 10, 2011
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