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BioCardia Announces United States Patent Issuance on Morph DNA Multi-Directional Steerable Catheter Transseptal Application
BioCardia, Inc. [Nasdaq: BCDA] has been granted U.S. Patent No. 12,036,371 for its Morph DNA multi-directional steerable catheter transseptal application. The patent, expiring in 2035, covers medical methods for transseptal access to the heart using steerable introducers based on BioCardia's Morph DNA technology. This innovation enhances shareholder value by protecting current and future products in the transseptal access systems market, which was valued at $941.3 million in 2022 and is projected to reach $2.1 billion by 2033.
The Morph DNA design allows for consistent catheter performance in any direction, preventing sudden jumps or 'whip' during procedures. BioCardia aims to provide or partner this solution for approximately 500,000 transseptal procedures performed annually in the United States, as well as other vascular access markets.
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