Results for: organ transplant

King Faisal Specialist Hospital & Research Centre (KFSHRC) will host the Minimally Invasive Organ Transplant Consensus Conference (MIOT.CC) in Riyadh, Saudi Arabia, from December 12 to 14, 2024. The conference will bring together global experts to discuss advancements in minimally invasive transplant techniques, with a focus on laparoscopic and robotic procedures. KFSHRC, a leader in robotic transplant surgery, will showcase its groundbreaking achievements, including the world’s first fully robotic living donor liver transplant and the world’s first fully robotic heart transplant.

TransMedics Group Inc. (TMDX) stock plummeted over 30% on Tuesday after the organ transplant medtech company missed earnings expectations for the third quarter. While revenue grew significantly year-over-year, the company’s EPS fell short of analyst forecasts. Despite the disappointing results, several analysts remain bullish on the company’s long-term prospects, citing its strong market position and potential for future growth.

Needham analyst initiated coverage on TransMedics Group (TMDX), a medical technology company revolutionizing organ transplantation with its Organ Care System (OCS). The analyst sees significant growth potential in the underpenetrated organ transplant market, driven by the company’s National OCS Program (NOP) and innovative OCS technology. The analyst predicts TransMedics will become profitable in 2024 and sees rapid improvement in operating margin, EPS, and cash flow in 2025-2026.

The National Organ & Tissue Transplant Organization (NOTTO) has demanded an urgent report from the Uttar Pradesh government after an illegal organ transplant racket was uncovered at Indraprastha Apollo Hospital in Delhi, linked to Yatharth Hospital in Noida. The racket involved a senior kidney transplant surgeon who allegedly performed surgeries on Bangladeshi patients without proper authorization. The doctor has been arrested along with six others, and the investigation is ongoing.

The Indian government is taking steps to ensure ethical organ transplants for foreign nationals. The Ministry of Health has asked the Ministries of Home and External Affairs to raise awareness about legal requirements for organ transplants, amid concerns over commercial dealings. This includes displaying information at airports and on immigration websites, highlighting the need for donor-recipient relationship verification and the prohibition of commercial organ trade.