Cardica, Inc. is focused on the commercialization and development of microcutter product line intended for use by thoracic, bariatric, colorectal and general surgeons. The microcutter product line consists of the commercially-available MicroCutter XCHANGE 30 and products in development, including the MicroCutter XCHANGE 45, the MicroCutter FLEXCHANGE 30 and the MicroCutter XPRESS 45. The Company’s business focuses on the design, manufacture and marketing of automated anastomotic systems used by cardiac surgeons to perform coronary bypass surgery. Its C-Port Distal Anastomosis Systems, or C-Port systems, are sold in the United States and Europe. The C-Port systems are used to perform a distal anastomosis, which is the connection between a bypass graft vessel and the target coronary artery. The PAS-Port system is used to perform a proximal anastomosis, which is the connection of a bypass graft vessel to the aorta or other source of blood.