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Cardium Presents First Quarter 2013 Financial Results And Reports On Recent Developments
Date:5/15/2013

SAN DIEGO, May 15, 2013 /PRNewswire/ -- Cardium Therapeutics (NYSE MKT: CXM) today presented its financial results for the first quarter ended March 31, 2013, and reported on highlights and other recent developments including:

  • Awarded ISO 13485 Certification for Excellagen, State of California manufacturing license and state clearances to market and sell Excellagen in the U.S., and advanced other international registrations for Excellagen, including CE Mark registration, which the Company expects to receive approval on or around the end of the second quarter 2013. 
  • Announced sales and distribution agreement with Academy Medical, LLC to market, sell and distribute Excellagen to U.S. government medical providers.  Academy Medical has a growing customer base of over 35 Veterans Administration and military hospitals within the U.S.  Cardium also entered agreements with independent regional distributor groups with sales representatives focused on podiatry, orthopedic physicians, plastic surgeons, hospitals and surgical centers. Including Academy Medical, there are currently over 60 sales representatives selling Excellagen. 
  • Excellagen awarded the American Podiatric Medical Association's Seal of Approval for its contributions to better foot health and mobility.
  • Presentation at the Symposium on Advanced Wound Care Spring 2013 Meeting highlighting Excellagen's capability of promoting rapid granulation and complete healing in three difficult and complex post-surgical wounds, including Mohs surgery and wound dehiscence.
  • Presentation at the 2013 Phacilitate Annual Cell & Gene Therapy Forum in Washington, DC, "Optimizing Phase III Trial Design for Generx® (Ad5FGF-4)" reporting on adaptive coronary collateral growth, the biological processes to be targeted by therapeutic angiogenesis, and discussed the lessons
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    3. Cardium Presents Year-End 2012 Financial Results And Recent Developments
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    5. Cardium Receives ISO Certification for Excellagen
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