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Cardium Presents First Quarter 2011 Financial Results and Reports on Near-Term Milestones
Date:5/16/2011

e commercialization of Excellagen in the U.S. and internationally.

Generx® Angiogenic Therapy Generx® (alferminogene tadenovec/Cardionovo™) is an innovative DNA-based angiogenic therapy being developed for the potential treatment of myocardial ischemia due to advanced coronary artery disease.  Generx is designed to stimulate and promote the growth of supplemental collateral vessels to enhance myocardial blood flow (perfusion) following a one-time intracoronary administration from a standard cardiac infusion catheter in patients who have insufficient blood flow due to atherosclerotic plaque build-up in the coronary arteries. Cardium plans to commence a Phase 3 / Registration study (the Aspire Study) at three major medical centers in the Russian Federation pending final clearance from the Russian health authority.  The study's planned primary endpoint would be the improvement in reversible perfusion defect size as measured by SPECT imaging.  The Russian Ministry of Health and Social Development has recently assigned Generx (alferminogene tadenovec/Ad5FGF-4) the new therapeutic drug trade name of Cardionovo™ for marketing and sales in the Russian Federation.  The Aspire study is being undertaken in connection with a plan to initially commercialize Generx in the Russian Federation, and to advance forward with applications and submissions seeking approval for marketing and sales in certain other countries of the Commonwealth of Independent States, comprising former republics under the Soviet Union.  The Aspire study could also provide additional clinical evidence regarding the safety and effectiveness of Generx that would be useful for optimizing and broadening commercial development pathways in other industrialized countries, including the United States.  The new YouTube video "Cardium Generx Cardio-Chant" provides an overview of Generx at htt
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SOURCE Cardium Therapeutics
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