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Transplants

Paragonix launches lung preservation and transport system

January 6, 2021 By Sean Whooley

Paragonix Technologies announced today that it launched its LUNGguard donor lung preservation system in the U.S. and Europe. Cambridge, Mass.–based Paragonix designed the LUNGguard for the hypothermic preservation of lungs during transportation and the eventual transplantation into a recipient using cold storage solutions. LUNGguard is indicated for a storage time of up to eight hours, […]

Filed Under: Business/Financial News, Featured, Respiratory, Transplants Tagged With: Lung Transplant Foundation, Paragonix Technologies

Aferetica, CytoSorbents gain EU nod for organ perfusion system

October 14, 2020 By Nancy Crotti

CytoSorbents (NSDQ:CTSO) and Aferetica today announced the European Union approval of Aferetica’s PerLife integrated ex-vivo system to perfuse, cleanse, recondition and preserve harvested kidneys and livers — including those that are usually discarded. Italian startup Aferetica designed its PerLife system is to improve organ function and viability while reducing the risk of primary graft failure and organ rejection. […]

Filed Under: Business/Financial News, Featured, Regulatory/Compliance, Transplants, Wall Street Beat Tagged With: Aferetica srl, CE Mark, CytoSorbents Corp.

Fresenius to enter heart, lung, organ failure markets

October 8, 2020 By Sean Whooley

Fresenius Medical Care (NYSE:FMS) announced today that its new growth strategy includes treating heart, lung and multi-organ failure. Hamburg, Germany-based Fresenius’ strategy centers around three major areas: renal care, critical care solutions and complementary assets, according to a news release. The company’s renal care continuum is to be bolstered by artificial intelligence and data analysis technologies […]

Filed Under: Business/Financial News, Cardiovascular, Dialysis, Respiratory, Transplants Tagged With: Fresenius, Fresenius Medical Care

TransMedics to get its virtual day with FDA panel on heart transplant tech

August 20, 2020 By Nancy Crotti

After a six-month pandemic-related delay, TransMedics (NSDQ:TMDX) is set to have an FDA panel review the premarket approval application for its donor heart transport technology on October 7, 2020. TransMedics’ organ care system (OCS) technology is designed to keep donated hearts, lungs and livers in near-living condition until transplantation. The FDA approved the Andover, Mass.-based company’s […]

Filed Under: Cardiovascular, Featured, Food & Drug Administration (FDA), Pre-Market Approval (PMA), Regulatory/Compliance, Transplants, Wall Street Beat Tagged With: FDA, transmedics

CMS pushes for return to essential kidney treatments, transplants

August 18, 2020 By Sean Whooley

The Centers for Medicare & Medicaid Services (CMS) has  announced updated guidance urging for the resumption of kidney procedures. CMS said its guidance is designed to ensure medical providers can able return to offering essential surgical, life-sustaining procedures while reinforcing infection control precautions at dialysis facilities in COVID-19 hotspots. The guidance includes a checklist of […]

Filed Under: Dialysis, Medicare, Surgical, Transplants Tagged With: Centers for Medicare and Medicaid Services (CMS), coronavirus, COVID-19

TransMedics beats Street earnings projections in Q2

August 6, 2020 By Sean Whooley

TransMedics (NSDQ:TMDX) shares ticked slightly up today on second-quarter results that topped the consensus earnings forecast. The Andover, Mass.-based organ transplant transportation technology developer posted losses of -$8.5 million, or -36¢ per share, on sales of $3.4 million for the three months ended June 30, 2020, for a 7.6% bottom-line gain on a sales decline of […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Transplants, Wall Street Beat Tagged With: coronavirus, COVID-19, transmedics

TransMedics proposes public offering following positive OCS Liver Protect trial results

May 26, 2020 By Sean Whooley

TransMedics (NSDQ:TMDX) today announced a public offering following positive results from a clinical trial for its organ care system. The Andover, Mass.-based organ transplant transportation technology developer revealed in a news release that it is offering $60 million in shares of common stock, plus a 30-day option to purchase additional shares that total up to 15% […]

Filed Under: Business/Financial News, Cardiovascular, Clinical Trials, Featured, Funding Roundup, Respiratory, Transplants Tagged With: transmedics

TransMedics slides on mixed Q1

May 7, 2020 By Sean Whooley

TransMedics (NSDQ:TMDX) shares took a slight dip today on first-quarter results that came up mixed compared to the consensus forecast. The Andover, Mass.-based company posted losses of -$8.9 million, or -42¢ per share, on sales of $7.5 million for the three months ended March 31, 2020, for a 28.4% bottom-line slide on sales growth of 61%. […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Transplants, Wall Street Beat Tagged With: coronavirus, COVID-19, transmedics

TransMedics gets $2.2m loan from Paycheck Protection Program

April 24, 2020 By Sean Whooley

TransMedics (NSDQ:TMDX) announced that it issued a promissory note to receive more than $2.2 million under the Paycheck Protection Program (PPP). The unsecured loan with proceeds of $2,249,280 is scheduled to mature on April 20, 2022, and includes a fixed interest rate of 1% per annum, according to an SEC filing. Under the PPP, as part […]

Filed Under: Business/Financial News, Featured, Funding Roundup, Transplants Tagged With: transmedics

CMS recommends postponing most elective procedures

March 19, 2020 By Nancy Crotti

The Centers for Medicare and Medicaid Services (CMS) released guidance late yesterday asking healthcare providers to postpone adult elective surgeries and procedures, including dental procedures, until further notice. The move is an attempt to preserve the supply of ventilators and personal protective equipment such as masks and gowns while protecting patients and staff from exposure […]

Filed Under: Cardiovascular, Cosmetic/Aesthetic, Dental, Endoscopic, Featured, Hospital Care, Medicare, Neurological, Oncology, Optical/Ophthalmic, Orthopedics, Otolaryngology/Ear, Nose & Throat (ENT), Surgical, Transplants, Vascular Tagged With: Centers for Medicare and Medicaid Services (CMS), coronavirus

TransMedics down on missed Q4 projections

March 3, 2020 By Sean Whooley

TransMedics (NSDQ:TMDX) shares dipped today on fourth-quarter results that came up short of the consensus forecast. The Andover, Mass.–based company posted losses of -$9.2 million, or -43¢ per share, on sales of $6.1 million for the three months ended Dec. 31, 2019, for a 20.2% bottom-line slide on sales growth of 70.9%. Adjusted to exclude one-time […]

Filed Under: Business/Financial News, Featured, MassDevice Earnings Roundup, Transplants, Wall Street Beat Tagged With: transmedics

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