Cardica Inc. is focused on the commercialization and development of microcutter product line intended for use by surgeons. The Company is engaged in commercializing and developing MicroCutter XCHANGE 30 based on its staple-on-a-strip technology for use by thoracic, pediatric, bariatric, colorectal and general surgeons. Its MicroCutter XCHANGE 30 is a cartridge based microcutter device with around five millimeter shaft diameter and around 30 millimeter staple line cleared for use in the United States for specific indications for use, and in the European Union for a range of indications for use. Its planned products include MicroCutter XCHANGE 45, MicroCutter XCHANGE 60 and MicroCutter FLEXCHANGE 30. The MicroCutter FLEXCHANGE name refers to the planned cartridge-based microcutter product with a flexible shaft that also includes its staple-on-a-strip technology. It markets three products to perform anastomoses, the C-Port xA system, the C-Port Flex A system and the PAS-Port system.
