BUZZ-BioCardia surges on receiving U.S. patent for heart device

Reuters06-07

** Shares of cell therapy developer BioCardia rise 17.3% to $5.12 premarket

** Co says it has received a U.S. patent for its heart device, which will expire in 2036

** The patent relates to a radial artery delivery system, by which cardiac catheters are placed through a blood vessel in a patient's wrist to treat the heart

** Co says its delivery systems are designed to prevent leakage of therapeutic agents by providing stable and safe engagement to the heart tissue during the delivery process

** Up to last close, stock is down 56.2% YTD

(Reporting by Sneha S K)

((Sneha.SK@thomsonreuters.com;))

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