FDA Approves BioCardia's Phase 1 Trial With Cell Therapy In COVID-19, Shares Jump
The FDA has signed off BioCardia Inc's (NASDAQ:BCDA) Investigational New Drug (IND) application for BCDA-04 to initiate Phase 1/2 trial in adult patients recovering from Acute Respiratory Distress Syndrome (ARDS) due to COVID-19. BCDA-04 is a proprietary allogeneic mesenchymal cell (MSC) that is Neurokinin-1 receptor-positive (NK1R+). The trial is expected to start in…
Benzinga ·
Benzinga
