04589-R (MKT) Q2 2020

Bringing personalized medicine to cell therapy for heart disease

Corporate Presentation

http://www.biocardia.com/

BioCardia, Inc. (NASDAQ: BCDA)

04589-R (MKT) Q2 2020

This presentation includes forward-looking statements. All statements other than statements of historical facts included in this presentation that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements. These include statements about our plans, objectives, strategies and prospects regarding, among other things, our CardiAMP® Cell Therapy System, our cell-based therapy product pipeline, our enabling and delivery product portfolio, our market opportunity, enrollment and the availability of data in our clinical trials, FDA product clearances, the efficacy and safety of our products and therapies, the achievement of anticipated milestones, financial condition and results of operations. Although we believe that we have a reasonable basis for forward-looking statements contained in this presentation, we caution you that they are based on current expectations about future events affecting us and are subject to risks, uncertainties and factors relating to our operations, clinical development programs, regulatory approvals and business environment, all of which are difficult to predict and many of which are beyond our control. The known risks, uncertainties and factors are described in detail under the caption “Risk Factors” in our Form 10-K for the fiscal year ended December 31, 2019, filed with the Securities and Exchange Commission on April 9, 2020.

As a result of these factors, we cannot assure you that the forward-looking statements in this presentation will prove to be accurate. Therefore, our actual results may differ materially from those expressed or implied by forward-looking statements in this presentation. All forward-looking statements included in this presentation are expressly qualified in their entirety by the foregoing cautionary statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We do not undertake any obligation to update, amend or clarify these forward-looking statements whether as a result of new information, future events or otherwise, except as may be required under applicable securities law.

Disclaimer Regarding Forward-Looking Statements

2

04589-R (MKT) Q2 2020

About Us

3

BioCardia is a cardiovascular regenerative medicine company developingbest in class autologous and allogenic cell therapies.

CardiAMP Autologous Cell Therapy

• Our CardiAMP™ Cell Therapy is designed to be a comprehensive biotherapeutic heart failure solution. The therapy uses a patients own bone marrow cells to potentially stimulate the body’s natural healing response, all through a minimally-invasive, catheter-based procedure, and is being advanced for two clinical indications.

NK1R+ Allogenic Cell Therapy

• Our NK1R+ Mesenchymal Cell Therapy is an allogenic culture expanded "off the shelf" cell therapy derived from universal donor bone marrow cells that have been identified to meet specified criteria. This cell-based therapy is also being advanced for two clinical indications.

Helix Biotherapeutic Delivery System

• Our Helix Biotherapeutic Delivery System is the leading percutaneous catheter delivery system for cardiovascular regenerative medicine. It enables local delivery of cell and gene-based therapies to treat heart failure, myocardial infarction, ischemia, and cardiac conduction disorders. The Helix platform is being used in eight clinical and preclinical programs, three of which are BioCardia programs.

04589-R (MKT) Q2 2020

Recent Highlights

4

✓ Awarded new U.S. patent covering Helix System for local biotherapeutic delivery of autologous and allogenic cells to the heart.

✓ Announced FDA-recommended modifications to primary endpoint for CardiAMP Cell Therapy Heart Failure Trial to support marketing approval.

✓ Announced litigation financing in the case captioned Boston Scientific Corp., et al., v. BioCardia Inc.

✓ CardiAMP Heart Failure Trial (BCDA-01) received positive DSMB recommendations.

✓ New patents granted covering CardiAMP diagnostic assay for patient selection

✓ IND submission filed with FDA for CardiALLO Cell Therapy Trial (BCDA-03) targeting patients excluded from CardiAMP Heart Failure Trial.

✓ Positive data presented on patients treated with Helix early after a heart attack

✓ BioCardia’s stock was successfully uplisted to the Nasdaq Capital Market on August 2, 2019.

✓ The company closed a $10 million public equity offering in August 2019.

04589-R (MKT) Q2 2020

Financial Snapshot

5

• Price 4/30/20: $4.75• 52 Week Range - $2.10 - $17.50• Market Cap - $32.6 Million• Shares Outstanding – 6.9 Million• Fiscal year end – December 31

Year EndedDecember 31, 2019

Year EndedDecember 31, 2018

Revenues $710,000 $625,000

Net Loss $14.7M $14.0M

Cash used in operations

$9.4M $11.1M

Cash & Equivalents

$5.6M $5.4M

Debt N/A N/A

04589-R (MKT) Q2 2020

• A global pandemic affecting more than 26 million people worldwide, 5.7 million people in U.S., with 50% mortality at five years.

• No existing therapies are curative, they only slow disease progression.

• Cell therapy holds promise to rejuvenate the heart, yet no cardiac cell therapy has been FDA-cleared to date despite decades of research.

The Problem of Heart Failure

6Savarese G, Lund LH. Global Public Health Burden of Heart Failure. Card Fail Rev. 2017 Apr; 3(1): 7–11.

Heart Disease in the United States

• Heart disease is the leading cause of death for men, women, and people of most racial and ethnic groups in the United States.1

• One person dies every 37 seconds in the United States from cardiovascular disease.1

• About 647,000 Americans die from heart disease each year—that’s 1 in every 4 deaths.2,3

• Heart disease cost the United States about $219 billion each year from 2014 to 2015.3 This included the cost of health care services, medicines, and lost productivity due to death.

Heron, M. Deaths: Leading causes for 2017 pdf icon[PDF – 3 M]. National Vital Statistics Reports;68(6). Accessed November 19, 2019.Benjamin EJ, Muntner P, Alonso A, Bittencourt MS, Callaway CW, Carson AP, et al. Heart disease and stroke statistics—2019 update: a report from the American Heart Association. Circulation. 2019;139(10):e56–528.Fryar CD, Chen T-C, Li X. Prevalence of uncontrolled risk factors for cardiovascular disease: United States, 1999–2010 pdf icon[PDF-494K]. NCHS data brief, no. 103. Hyattsville, MD: National Center for Health Statistics; 2012. Accessed May 9, 2019.

04589-R (MKT) Q2 2020

The 1st cardiac cell therapy that combines a pre-procedural assay, point of care cell processing system and transendocardial delivery system.

How is it unique from other cardiac cell therapies?

Our 1st Solution for Heart Failure: CardiAMP Cell Therapy

Patient Selection1st test for a cardiac cell therapy that identifies likely responders pre-treatment

High DoseHighest dose cell therapy using bone-marrow derived cells (BMDCs) to provoke body’s healing response

Efficient DeliveryProprietary delivery system shown to be safest and most effective in helping heart retain cells

Low CostBedside cell processing that eliminates costly off-site manufacturing

7

04589-R (MKT) Q2 2020

Medications▪ ACE Inhibitors/ARBs▪ Beta-Blockers▪ Aldosterone Antagonists▪ Hydralazine and nitrates▪ Ivabradine (AMGEN)

NYHA II & III ▪ LCZ696 (Novartis)

Devices▪ CRT & CRT-D▪ Mitral valve

repair/replacement▪ Pressure monitoring

Hemodynamic Support▪ IV Inotropes▪ Left Ventricular

Assist Devices (LVAD)

Transplantation (Tx)▪ Immuno-

suppression

Class I, II. & III Class III Class IV

Images from Cleveland Clinic

Current Options for Patients - Expensive, Unable to Heal Failing Hearts

Each of these is a multi billion dollar market today.

8

04589-R (MKT) Q2 2020

PA Pressure Monitoring

LVAD/TX

MV repair

CRT

Future Potential of CardiAMP Cell Therapy

Role of Cell Therapy in Clinical Course of Heart Failure

Modified from Decision Making in Advanced Heart Failure A Scientific Statement From the American Heart Association, Circ 2012

9

04589-R (MKT) Q2 2020 10

CardiAMP Cell Therapy: Mechanistic Basis for RegenerationTransplanted cells are hypothesized to benefit the heart through direct and indirect pathways.

▪ Indirect Regeneration: Transplanted cells secrete stimulatory cytokines to instigate an innate regenerative response from resident stem cells.

▪ Accelerating a natural process:Cells from bone marrow home to injury in the heart. CD34, CD133, and CD19 cells are primary drivers of benefit.

▪ Data: Preclinical studies support reduced fibrotic scar and enhanced micro vessel density, and benefit of higher dosages delivered intramyocardially. Clinical studies support enhanced heart function, functional capacity, and quality of life with no significant safety issues.

Afzal MR et al Adult Bone Marrow Cell Therapy for Ischemic Heart Disease, Circulation Research. 2015.

Fisher SA et al. Meta-Analysis of Cell Therapy Trials for Patients with Heart Failure. Circulation Research 2015.

Takahashi, M. et al. (2006) Am J Physiol Heart Circ Physiol. 291:H886-H893.

Silva, GV. et al. (2011) Tex Heart Inst J. 38(3):219-24

Behfar, A. et al. (2014) Nat. Rev. Cardiol. 11: 232–246

Vignozzi R. J. et al. An acute immune response underlies the benefit of cardiac stem-cell therapy, Nature, 2019.

04589-R (MKT) Q2 2020 11

Cardiac Cell Therapy: Learnings from Previous Trials

▪ Effective Dose matters: Inefficient delivery of circulating investigational product (IP) into the coronary arteries, results in minor first pass targeting of the heart. Most IP passes straight through the heart and are effectively systemic administration. Higher absolute cell dosage coupled with higher efficiency delivery results in CardiAMP having the highest effective dosage.

▪ Patients phenotypes matter: For autologous cell therapy, each patient can be different and selecting patients with prequalified cells enhances probability of technical success for CardiAMP, which is the first autologous cell therapy to include a selection companion diagnostic strategy.

▪ Safety of delivery matters: Significant safety issues have occurred with other delivery approaches, with one approach having a 5% treatment emergent major adverse cardiac event rate, and this data is incorporated into the composite efficacy endpoints.

04589-R (MKT) Q2 2020

Investigational CardiAMP Cell Therapy

12

FDA CBER regulated as device system.

Medicare reimbursement established for two pivotal trials.

04589-R (MKT) Q2 2020

▪ CardiAMP Potency Assay bone marrow biomarker panel analysis at core lab:

▪ One marker is CD34+ cell count, which has shown therapeutic benefit in clinical trials for CMI (Henry EHJ, 2018).

▪ Personalized approach to autologous cell therapy:

— Can reduce problematic patient-to-patient variation in bone marrow cells

— Can significantly lower cost of therapy by enabling point of care treatment and excluding patients from therapy not likely to respond

— Potentially attractive to patients, physicians and payors

CardiAMP Pre-procedure Screening Selects Patients Likely to Respond,Assay Performed in CLIA/CAP Laboratory

Anticipated to select 70% most likely to respond based on

therapeutic potentialof their bone marrow

13

04589-R (MKT) Q2 2020

CardiAMP Cell Collection is Performed with BioCardia Procedure Kit Using FDA Cleared Devices

14

Heterogeneous cell populationLymphocytesMonocytesHematopoietic stem and progenitor cellsMesenchymal stem cells

04589-R (MKT) Q2 2020 15

CardiAMP Cell Processing for Transfer at Point of Care with Proprietary FDA Cleared Devices

Provides for a 5cc dosage form with a target dosage of 200 million MNCs.Superior recovery of mesenchymal stem cells and endothelial progenitor cells.

04589-R (MKT) Q2 2020

0

5,000

10,000

15,000

20,000

25,000

Mesenchymal Cells(CFU-F / Output)

MSC Recovery and Viability

CardiAMP CS Ficoll

Performance of CardiAMP Cell Processing

16

0

50,000

100,000

150,000

200,000

250,000

HematopoeticStem Cells (CFU -GEMM/ Output)

HSC Recovery and Viability

CardiAMP CS Ficoll

0

10

20

30

40

50

60

70

80

90

100

Mononuclear cellrecovery (%)

MNC Recovery and Viability

CardiAMP CS Ficoll

BioResearch Open Access, Volume 4.1, 2015

04589-R (MKT) Q2 2020 17

CardiAMP Cell Delivery to Damaged Regions of Heart with Proprietary Helix System, Approved in Europe

Target dosage is delivered to ten sites in the heart around the infarct zone.

04589-R (MKT) Q2 2020

Performance of CardiAMP Cell Delivery with Proprietary Helix

18

Mitsutake et al, Int. Heart J. (2017)Duckers H et al, Transcatheter Therapeutics 2018.

0

1

2

3

4

5

6

% Treatment Emergent Major AdverseCardiac Eevents

Superior Safety with Lowest % Treatment Emergent MACE

CardiAMP Helix Stop Flow

Myostar Celyad

0

5

10

15

20

% Dosage Retained

Superior Efficiency of Delivery, Results in Increased

Effective Dosage

CardiAMP Helix

Coronary infusion (~stop flow)

Straight needle (~Myostar)

04589-R (MKT) Q2 2020

CardiAMP HF Phase I Open Label Trial Results

Transendocardial Autologous Bone Marrow in Myocardial Infarction (TABMMI) NCT00507468Safety: No Treatment Emergent-MACE

De la Fuente LM, et al. EuroIntervention 2011, 7: 805-812.

Improved LV Ejection Fraction

Improvement at 12 & 24M:

~ +7 %, p=0.000006, p=0.00005, N=20

Improved survival at 3 and 5 year follow-up

1st 10 patients – No death

All 20 patients – 2 deaths:

D177 Elective heart transplant D695 Unknown causes

Exercise Tolerance Time

Improvement at 12 & 24M:

~ +125 sec, p=0.006, N= 20

19

04589-R (MKT) Q2 2020

*NS: not significant

SecondaryEfficacy

Endpoints

Active(Mean)

Placebo(Mean)

Treat. Difference

FavorsCardiAMP Therapy

P-value

6 minute walk (meters)N=28, Mean ± St Dev

+14.3 ± 59.6

-42.0± 18.1

+56.3 ✓ 0.049

MLHF quality of life (pts)N= 29, Mean ± St Dev

-7.7± 17.8

+9.7± 24.8

-17.4 ✓ 0.038

Maximum Oxygen Use (mL/kg·min)

+0.16 -0.870 +1.03 ✓ 0.321NS*

NY Heart Association Class

-0.42 -0.25 -0.17 ✓ 0.638NS

LV End Systolic Volume (ml)

+3.2 +47.2 -44 ✓ 0.129NS

LV End Diastolic Volume (ml)

+4.5 +51.2 -46.7 ✓ 0.149NS

LV Ejection Fraction (%) +0.97 -2.38 +3.35 ✓ 0.252NS

▪ TACHFT-BMC were results superior to TACHFT-MSC ▪ Primary safety endpoint met: no treatment emergent MACE at 30 days▪ No death or MACE in BMC treatment group at one-year follow-up▪ All secondary efficacy endpoints at one-year follow-up favor therapy (below)▪ Multiple endpoints that are statistically significant and clinically meaningful

Wong Po Foo et al, World Congress of Regenerative Medicine, 2015.Heldman A et al, JAMA 2013.

CardiAMP HF Phase 2 Randomized Placebo Controlled Trial Results

20

04589-R (MKT) Q2 2020

CardiAMP HF Phase 2 Randomized Placebo Controlled Trial ResultsRelative to Other Heart Failure Therapies

▪ CRT = Cardiac Resynchronization Therapy or Biventricular Pacing, a $3Bn US Market

▪ 50% of patients in CardiAMP placebo controlled Phase II already had AICD or CRT devices

▪ 6MW has been used for approval in PAH, and CRT

▪ This data is from trials used for CRT product registration

21

1 CRT, Miracle-ICD, JAMA, 20032 Cells, REVASCOR, Circ Res 20053 CRT, Contak CD, JACC, 20034 CRT, PAVE, JCE 20055 CRT, Miracle, Circ, 20036 CRT, Path CHF, JACC, 20027 Cells, CardiAMP, JAMA 2013, WCRM 20158 CRT, Mustic, JACC, 20029 Entresto Paradigm HF, NEJM 2014 – No Six Minute Walk

04589-R (MKT) Q2 2020

250 Ischemic Heart Failure Patients

20% ≤ EF ≤ 40%

NYHA Class II and III

CardiAMP Potency Assay Meets Thresholds

150 Patients @200M Cells 100 Patients SHAM

▪ Primary endpoint:

o An outcomes composite score based on a three-tiered Finkelstein-Schoenfeld (FS) hierarchical analysis, an established outcomes design that has been used in other leading heart failure programs. The FS procedure is a ranked analysis that first compares each subject to each other subject for occurrence of first-tier events (time to death, in this case) and then compares patient outcomes for subsequent tiers. The tiers, starting with the most serious events, would be (1) all-cause death, including cardiac death equivalents such as heart transplant or left ventricular assist device placement, ordered by time to event; (2) non-fatal Major Adverse Coronary and Cerebrovascular Events (MACCE), excluding those deemed procedure-related occurring within the first seven days post-procedure (heart failure hospitalization, stroke or myocardial infarction), ordered by time to event, and (3) change from baseline in Six Minute Walk Distance at 12 months. Tiered FS endpoint has been used in previous important cardiac trials [N Engl J Med 379; 11, 2018].

▪ Secondary hierarchical endpoints :

o Non-inferiority with respect to survival (safety)

o Non-inferiority with respect to MACE (safety)

o Superiority with regard to quality of life as measured by the MLHFQ (efficacy)

o Time to first heart failure (HF)-related major adverse cardiac events (efficacy)

o Superiority with respect to survival (efficacy)

CardiAMP HF : Phase 3 Pivotal Trial to Support FDA Approval

Achieved in Phase II

22

Changes from Phase II: NYHA Class I patients eliminated and potency assay is implemented with intent to enhance response to therapy

04589-R (MKT) Q2 2020

CardiAMP HF Phase 3 Pivotal Trial Results To Date

▪ Data Safety Monitoring Board (DSMB) pre-specified interim analysis of safety outcomes for the first 74 patients treated in the Phase 3 trial of its investigational CardiAMP cell therapy product no safety concerns with the CardiAMP study results and recommended that the trial continue, as planned.

▪ Results from CardiAMP-HF Study Roll-In Phase: 12-month follow-up results compared to baseline (shown as mean ±sem). N=10 for baseline, 3 months, and 6 months; N=9 for 9 months where one patient was hospitalized, N = 10 for 12 months. Results compared to improvements in Phase II TAC-HFT Study.

23

Johnston, American Heart Association, November 12, 2018Wong Po Foo, TACHFT Study, World Congress Regen Med 2015.

TAC HFT

Phase II Results

+7.5 pts

TACHFT

Phase II Results

+0.97 %

13

10

5

10

0

2

4

6

8

10

12

14

3 Months 6 Months 9 Months 12 Months

Po

ints

Imp

rove

men

t

Improvement in Quality of Life Self Assessment (MLHFQ) Versus Baseline

04589-R (MKT) Q2 2020

CardiAMP HF Phase 3 Pivotal Trial Results To Date

+1.0

+4.1

0

2

4

6

8

Baseline 6 Months 12 Months

Ch

an

ge i

n L

VE

F (

%)

Change in LV Function

Echo Core Lab (Yale School of Medicine)

p=0.49

p=0.18

Change in Akinetic Wall Segments

Δ A

kin

eti

c S

eg

me

nts -1.1

-1.9

-4

-3

-2

-1

0

Baseline 6 Months 12 Months

p=0.08

*p=0.04

Change in Wall Motion Score

-3.0

-5.9

-10

-8

-6

-4

-2

0

Baseline 6 Months 12 Months

ΔW

all M

oti

on

Sc

ore

**p=0.01

**p=0.01

24

04589-R (MKT) Q2 2020

CardiAMP HF Phase 3 Pivotal Trial Status

The Company recently received FDA approval for an IDE supplement for the Phase III pivotal CardiAMP™ Heart Failure Trial of its lead therapeutic candidate. This will enable patients in the control group to cross over to CardiAMP treatment once their follow-up for the CardiAMP Trial has been completed. The IDE supplement is intended to enable BioCardia to cover all out-of-pocket insurance co-pays for patients with Medicare coverage. These two areas were previously barriers to participation for patients.

These changes, coupled with site-specific action plans, are being actively rolled out and are expected to further accelerate trial enrollment, which currently stands at 74 patients enrolled at 25 world class active U.S. centers. We have been excited by the significant uptick in the number of patient informed consents received for participation in the CardiAMP Heart Failure trial in March 2020 and by the number of new centers becoming fully active, however this solid progress has been delayed by COVID-19.

25

04589-R (MKT) Q2 2020

Sources of data: Povsic T. et al EHJ 2018

CardiAMP 2nd Indication: Chronic Myocardial Ischemia (BCDA-02)

26

▪ Patients suffer from poor perceived health status and psychological distress, have significant impairment in quality of life, and represent a burden to the healthcare system due to significant use of resources

▪ Estimated that between 600,000 and 1.8 million patients suffer from RA, with approximately 75,000 new cases diagnosed each year

Burden of Illness and Unmet Need

▪ Current therapies have limitations or are associated with minimal reduction in angina

Minimal Treatment Options

▪ Reachable market estimated as 200,000 patients in the United States per year, 500,000 worldwide. Of note, Ranexa from Gilead Sciences sales estimated as $800M/Year

Market Opportunity

Characterized by significant debilitating chest pain that greatly reduces quality of life.

04589-R (MKT) Q2 2020

CardiAMP 2nd Indication: Chronic Myocardial Ischemia (BCDA-02)Approved by FDA, First Site Activation Q2 2020

CardiAMP Chronic Myocardial Ischemia Trial, NCT03455725, IDE Trial for Premarket Approval

27

▪ Adaptive statistical analysis plan with anticipated read out at 100 patients.

▪ Trial is reimbursed by Medicare.

40 centers, 343 Chronic Myocardial Ischemia Patients Open Label Roll In

200M Cells (N=10)

Randomized Sham Controlled Therapy at 200M cells

to Treatment (N=333) 2:1

10 peri-infarct injection sites

Helix System

Primary endpoint change from baseline in total exercise time.

Hierarchical secondary endpoints of MACE, survival.

04589-R (MKT) Q2 2020

Sources of data: American Heart Association and American Association of HF Nurses Certification Board 2013. McMurray, JJV et. At., 2005. The Lancet, 365, pp 1877-1889

Go, A.S. et al., Heart Disease and Stroke Statistics 2013 Update:, A Report From the American Heart AssociationPovsic T. et al EHJ 2018

Alternate HF Therapy: CardiALLO Cell Therapy (BCDA-03)Initially Targeting Ischemic Heart Failure Patients Excluded from CardiAMP

28

▪ Chronic disease with 50% mortality at five years, impacts 1 in 5 adults over age of 40.

▪ Annual cost estimated to be $39 billion, projected to increase to $70 billion in 2030, half related to hospitalization

Burden of Illness and Unmet Need

▪ Despite advances in pharmaceutical chemistry and device development, options are limited.

▪ BCDA-3 appropriate for 30% of patients who do not meet cell potency assay.

Minimal Treatment Options

▪ Targeting patients excluded from CardiAMP HF based on cell potency, may be approximately 200K patients in USA.

▪ Potential to be advanced for other indications.

Market Opportunity

Characterized by a large spherical heart that has lost pumping capacity.

04589-R (MKT) Q2 2020 29

Alternate HF Therapy: NK1R+ CardiALLO Cell Therapy (BCDA-03)Clinical Results and Development Strategy

▪ Similar benefits and risks between allogeneic to autologous MSC delivered with Helix

▪ High dose allogeneic MSC delivered with Helix more effective vs. low dose

▪ Submitted IND in heart failure to follow these three trials, with enhanced approach using Neurokinin 1 R+ cells, initially in patients excluded from BCDA-01 by potency assay

Three BioCardia co-sponsored culture expanded mesenchymal cell clinical trials in heart failure have been completed and published:

Conclusions

Allogenic Nk1R+ Mesenchymal Stem Cells

These are believed to be highly potent cells that respond to the primary mediator of injury, pain, and inflammation- Substance P.

• Comparison of Allogenic vs Autologous Bone Marrow Derived Mesenchymal Stem Cells Delivered by Transendocardial Injection in Patients with Ischemic Cardiomyopathy, The POSEIDON RANDOMIZED TRIAL , Journal of the American Medical Association 2012.

• Transendocardial Mesenchymal Stem Cells and Mononuclear Bone Marrow Cells for Ischemic Cardiomyopathy , The TAC-HFT Randomized Trial , Journal of the American Medical Association 2013.

• Dose Comparison of Allogenic Mesenchymal Stem Cells in Patients with Ischemic Cardiomyopathy, The TRIDENT Study, Circulation Research, 2017.

04589-R (MKT) Q2 2020

▪ Regulated and manufactured as a procedure kit with anticipated low cost of goods and long shelf life

▪ For both leading indications, CardiAMP fits into standard interventional cardiology device channels

▪ Most components approved in EU and/or USA, but not for cardiovascular therapeutic usage

▪ The stem cells that respond to pain

▪ Treats patients not possible to be treated with CardiAMP

▪ Potential orphan indication

▪ “Off the shelf” cell therapy

▪ Leverages delivery system

Three Commercially Viable and Potentially Pivotal Programs

30

CardiAMP cell therapy (BCDA-01, 02)

CardiALLO cell therapy (BCDA-03)

CardiALLO

04589-R (MKT) Q2 2020

▪ Exclusive rights to over 65 patents and patent applications in USA, Europe, China, India, and Japan covering CardiAMP Cell Therapy, CardiALLO Cell Therapy, Helix biotherapeutic delivery system and Morph vascular access catheter products.

▪ Most recently issued USA patents are below with expiration excluding any potential patent term extensions.

Intellectual Property Overview

31

US Patent No. Patent Title Expiration on or after

10,632,281 Drug Delivery Catheters that Attach to Tissue and Methods for Their Use 2023

10,520,505 Methods of measuring therapeutic potency potential and defining dosages for autologous cell therapy

2034

10,071,226 Radial and trans-endocardial delivery catheter 2034

10,035,982 Method of preparing autologous cells and methods of use for therapy 2029

9,945,854 Methods of measuring therapeutic potency potential and defining dosages for autologous cell therapy

2034

9,752,123 Method of Preparing Autologous Cells and Methods of Use for Therapy 2029

9,517,199 Treatment for chronic myocardial infarct 2027

9,504,642 Treatment for chronic myocardial infarct 2027

9,301,975 Method of preparing autologous cells and method of use for therapy 2029

8,496,926 Treatment for chronic myocardial infarction 2027

Additional nonexclusive rights from partnering agreements have been secured.

04589-R (MKT) Q2 2020

COVID-19 ARDS

Product Candidate

(Pathway) Preclinical Phase 1 Phase 2 Phase 3

Autologous BCDA-01

Autologous BCDA-02

NK1R+ AllogenicBCDA-03

NK1R+ Allogenic BCDA-04

Helix Partner-01

Helix Partner-02

Helix Partners -03, 04, 05

CardiAMP® for Ischemic Heart Failure uses Helix

CardiAMP® for Chronic Myocardial Ischemia uses Helix

CardiALLO™ for Ischemic Heart Failure uses Helix

Acute Infarction

Heart Failure

Advanced Biotherapeutic Pipeline

32

Undisclosed

Fundedby Medicare

Funded by partners

32

04589-R (MKT) Q2 2020

✓ Q1 2020 CardiAMP Heart Failure DSMB Review- Safety (BCDA-01)

▪ Q2 2020 Phase III pivotal trial commencement/first sites activated in CardiAMP Chronic Myocardial Ischemia (CMI) Trial, the second Phase III pivotal trial of CardiAMP (BCDA-02)

▪ Q2 2020 FDA acceptance of Investigational New Drug application for CardiALLO Neurokinin-1 Receptor Positive Mesenchymal Stem Cell Therapy (BCDA-03), the Company’s second therapeutic platform, for the treatment of ischemic heart failure.

▪ Q4 2020 FDA acceptance of Investigational New Drug application for Neurokinin-1 Receptor Positive Mesenchymal Stem Cell Therapy (BDCA-04) for the treatment of ARDS as a result of COVID-19

▪ Q4 2020 Pre-specified Data Safety Monitoring Board Review of all patients enrolled, including futility analysis, based on sixty (60) patients that will have reached the primary one-year follow-up endpoint at the time of analysis (BCDA-01)

▪ Q4 2020 Pre-specified Data Safety Monitoring Board Review of safety data from roll-in cohort in CardiAMP CMI Trial (BCDA-02)

Anticipated Catalysts

33

04589-R (MKT) Q2 2020

Leadership Team Advancing Autologous and Allogenic Cell Therapies and Partnering Delivery Technologies to Enable Others

34

Peter Altman, PhD

David McClung

Eric Duckers, MD, PhD

Ian McNiece, PhD

Sujith Shetty, MD

Phil Pesta Jeff Emery, PhD

CEO Chief Financial Officer

Chief Medical Officer

Chief Scientific Officer

VP Clin Reg VP Operations

VP Development

04589-R (MKT) Q2 2020

▪ Cardiovascular regenerative medicine company with best in class autologous and allogenic cell therapies

▪ CardiAMP autologous cell therapy system represents novel, rapid and personalized approach to autologous cell therapy with robust ongoing late-stage clinical activity for the treatment of two enormous unmet needs of heart failure and chronic myocardial ischemia

▪ CardiALLO allogeneic Neurokinin-1 Receptor Positive “off the shelf” culture expanded immune privileged mesenchymal stem cell therapy follow-on program with potential orphan indication

▪ Enabling FDA approved and CE Marked products partnered with other programs

▪ Extensive intellectual property portfolio

Highlights

35

04589-R (MKT) Q2 2020

Thank you.

Peter Altman, PhD

Chief Executive Officer

NASDAQ: BCDA

36