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Cardica plunges after pulling MicroCutter Xchange 30 stapler

November 19, 2014 by Val Kennedy

Cardica shares plunge after it suspends the launch of its MicroCutter Xchange 30 surgical stapler so it can focus on improving the product, a move that may also result in a realignment of its operations.

Cardica plunges after pulling MicroCutter Xchange 30 stapler

Cardica hopes to raise $44M in public offering

April 17, 2014 by Arezu Sarvestani

California surgical devices maker Cardica details a public offering of common and preferred stock aimed at raising $43.9 million to support U.S. sales and marketing efforts.

Cardica hopes to raise $44M in public offering

Cardica unveiled the details of an upcoming public offering of stock, aimed at raising $43.9 million to support commercial efforts for the company's MicroCutter XCHANGE 30 minimally invasive stapling system.

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Cardica files for FDA clearance for MicroCutter device

August 16, 2013 by Sony Salzman

Cardica files for 510(k) clearance from the FDA for its MicroCutter Xchange 30 surgical stapling and cutting device.

Cardica hands in pre-market application for MicroCutter

Redwood City, Calif.-based Cardica (NSDQ:CRDC) said it filed for 510(k) clearance from the FDA for its surgical device.

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Cardica shoots for Japanese approval

August 13, 2013 by Sony Salzman

Cardica and distribution partner Century Medical submit an application to Japanese regulators for Cardica's MicroCutter Xchange 30 cutting and stapling cartridges.

Cardica shoots for Japanese approval

Cardica (NSDQ:CRDC) and its distribution partner Century Medical are shooting for Japanese regulatory approval for the stapling cartridge components of Cardica's MicroCutter Xchange surgical device.

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Losses widen in Cardica's 4th quarter

August 7, 2013 by Sony Salzman

During its 4th quarter Cardica tacked an additional $300,000 in losses to its bottom line, but managed to beat per-share earnings expectations by 1 cent.

Static losses for Cardica in the 4th quarter

Cardica (NSDQ:CRDC) fell further into the red with a 7% increase in 4th quarter losses compared to the same time last year, as well as an almost 20% increase in losses for the full year.

Novadaq, KCI spike Luna wound imaging deal | Wall Street Beat

March 15, 2013 by Brad Perriello

Novadaq says its deal with wound care giant Kinetic Concepts Inc. for the Luna wound imaging device the companies co-developed has come to an amicable end.

MassDevice.com Wall Street Beat

Novadaq Technologies (TSE:NDQ) said it and wound care giant Kinetic Concepts agreed to an amicable end to the co-development deal they inked in 2011 for the Luna wound imaging device.

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Ocular Therapeutix eyes a $24M Series D extension | Wall Street Beat

January 28, 2013 by MassDevice staff

Ocular Therapeutix raises another $24 million for its punctum plugs to treat eye diseases such as glaucoma.

MassDevice.com Wall Street Beat

Ocular Therapeutix said it closed a $23.8 million Series D extension round from existing backers for its sustained drug release technology to treat eye diseases.

The Bedford, Mass.-based medical device company said all of its current institutional investors ponied up for the round, including Polaris Ventures, Versant Ventures, SV Life Sciences, Sparta LLC, and Ascension Health Ventures.

Ocular Therapeutix is developing a punctum plug for the entry of the tear duct to release drug therapy to the surface of the eye over several months.

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