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Cardica Applies CE Mark to Microcutter XPRESS™ 30 Surgical Cutting and Stapling Device
Date:6/30/2011

of Cardica's Microcutter products under development require regulatory clearance through the 510(k) with the Food & Drug Administration and are not yet commercially available in the U.S.

About Cardica

Cardica designs and manufactures proprietary stapling and anastomotic devices for cardiac and endoscopic surgical procedures. Cardica's technology portfolio is 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 34,500 units throughout the world. In addition, the company is developing the Cardica Microcutter XPRESS™ 30, a true multi-fire endoscopic stapling device designed to be used in a variety of procedures, including bariatric, colorectal, thoracic and general surgery. The Cardica Microcutter XPRESS 30 requires a 510(k) review with the Food & Drug Administration and is not yet commercially available in the U.S. 

Forward-Looking Statements

This press release contains "forward-looking" statements, including all statements regarding the future development, first-in-man use, potential surgical uses, regulatory approval and commercialization of products in Cardica's proposed Microcutter product line, including the Cardica Microcutter XPRESS 30, and the timing thereof. Any statements contained in this press release that are not historical facts may be deemed to be forward-looking statements. The words "plans," "scheduled," "to be" 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 initiate first in man use of the Cardica Microcutter X
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SOURCE Cardica, Inc.
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