TransMedics' OCS Technology Sees Success In Heart Transplant
Zacks Investment Research | Dec 08, 2019 08:58PM ET
TransMedics Group, Inc. (NASDAQ:TMDX) announced the successful completion of the first human heart transplants in adults with its Organ Care System (OCS) technology. Notably, the transplants from DCD (donation after circulatory death) donors were performed at the Duke University Hospital and Massachusetts General Hospital in the United States.
Per the company, this is a milestone for heart transplantation procedures as a whole. Notably, TransMedics’ OCS Heart System is currently under study in an ongoing pivotal clinical trial to assess the usability in DCD heart transplants across several heart transplant centers in the United States.
With the success of the surgeries, the company aims to strengthen its organ transplant therapy business on a global scale.
Significance of OCS Success
Presently, DCD donors are not considered for heart transplant surgeries. The donation process for these donors could only start after the heartbeat stops, leading to injuries post cardiac death and lack of visibility related to cold static storage of the organ.
However, with the success of the transplant, using DCD donor heart, care providers will no longer have to wait. With the OCS Heart System, the donor heart can be assessed and used for the procedure. Per the company, the OCS Heart System is the only device that has enabled DCD heart transplantation and has been widely adopted in the U.K. and Australia.
Industry Prospects
Per a report by Original post
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.