Cardica Inc., which makes surgical devices, lost $3.2 million in the December quarter, its second, and borrowed $2 million from Century Medical Inc. on Dec. 27.
Redwood City-based Cardica (NASDAQ: CRDC) had an earlier secured debt deal with Japan’s Century Medical, an arrangement with $2 million left on it. Cardica made a distribution deal with Century Medical in September, and had already borrowed $2 million on the $4 million total allowed in the debt agreement.
Showing posts with label Cardica. Show all posts
Showing posts with label Cardica. Show all posts
Monday, February 6, 2012
Thursday, September 8, 2011
Cardica inks distribution deal in Japan, gets $4M loan
Medical device maker Cardica Inc. signed a deal to distribute one of its products in Japan and got a $4 million loan from the distributor.
Redwood City-based Cardica (NASDAQ: CRDC) made the five-year deal Sept. 2 with Century Medical Inc., which already distributes one of its devices in Japan.
Redwood City-based Cardica (NASDAQ: CRDC) made the five-year deal Sept. 2 with Century Medical Inc., which already distributes one of its devices in Japan.
Friday, March 4, 2011
Cardica device gets European OK
Cardica Inc. has received CE Mark certification in Europe for a surgical cutting and stapling device, the company said early Friday.
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