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Cardica Announces Fiscal 2012 First Quarter Financial Results
Date:10/27/2011

intended to minimize operating time and enable minimally-invasive and robot-assisted surgeries. Cardica manufactures and markets its automated anastomosis systems, the C-Port® Distal Anastomosis Systems and PAS-Port® Proximal Anastomosis System, for coronary artery bypass graft (CABG) surgery and has shipped over 37,000 units throughout the world. In addition, Cardica is developing the Cardica MicroCutter XPRESS™ 30, a true multi-fire laparoscopic stapling device designed to be used in a variety of procedures, including bariatric, colorectal, thoracic and general surgery. The Cardica MicroCutter products require 510(k) review and are not yet commercially available in the U.S.

Forward-Looking Statements This press release contains "forward-looking" statements, including all statements regarding the continued development, regulatory approval and anticipated increased usage and commercial launch of products in Cardica's proposed MicroCutter product line, including the Cardica MicroCutter XPRESS 30, as well as Cardica's expectations regarding future sales of its cardiac products. Any statements contained in this press release that are not historical facts may be deemed to be forward-looking statements. The words "believe," "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 commercial launch of the Cardica MicroCutter product line on Cardica's anticipated timeframe; 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 sal
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SOURCE Cardica, Inc.
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Related medicine technology :

1. Cardica Appoints Christopher Littel VP, Sales and Marketing
2. Cardica to Announce Fiscal 2012 First Quarter Financial Results on Thursday, October 27, 2011
3. Cardica Achieves Milestone Under Century Distribution Agreement
4. Cardicas Cardiac Anastomosis Device Featured in Clinical Presentation on Robotic Cardiac Bypass Procedures
5. Cardica Signs Distribution Agreement for MicroCutter in Japan
6. Cardica Announces Fiscal 2011 Fourth Quarter and Year End Financial Results
7. Cardica to Present at the Wedbush Life Sciences Management Access Conference
8. Dr. Andreas Kuthe Performs First Laparoscopic Procedures Using Cardicas Microcutter XPRESS™ 30 Surgical Cutting and Stapling Device
9. Cardica Applies CE Mark to Microcutter XPRESS™ 30 Surgical Cutting and Stapling Device
10. Cardica Announces Fiscal 2011 Third Quarter Financial Results
11. Cardica to Announce Fiscal 2011 Third Quarter Financial Results on Tuesday, May 10, 2011
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