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BioCardia raises $4.4M to extend cash runway into 2027 ahead of Japan PMDA submission

Company Fundamentals
08 Jun 2026
GlobeNewsWire
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Bullish
pluang ai news

BioCardia, Inc. raised $4.4 million by selling 3.5 million shares at $1.279 each to extend its cash runway into early 2027, supporting its upcoming Japan PMDA submission for CardiAMP cell therapy. The company expects that if outstanding warrants are exercised, it could maintain funding well beyond regulatory approval and into commercial sales. This financing supports BioCardia's development of cellular therapies for cardiovascular diseases, with key milestones including a Japan PMDA submission expected in late 2026. The funds help advance their clinical programs and prepare for market entry.

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