TransMedics Reports Second Quarter 2019 Financial Results
TransMedics Group, Inc. (TMDX)
Last transmedics group, inc. earnings: 3/2 04:05 pm
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Source: GlobeNewswire
ANDOVER, Mass., Aug. 07, 2019 (GLOBE NEWSWIRE) -- TransMedics Group, Inc. (“TransMedics”) (Nasdaq: TMDX), a medical technology company that is transforming organ transplant therapy for patients with end-stage lung, heart and liver failure, today reported financial results for the quarter ended June 29, 2019. Recent Highlights Recorded net revenue of $5.7 million in the second quarter of 2019, representing 94% growth compared to the second quarter of 2018Commenced OCS Lung commercial activities for expanded indications in the U.S.Lancet Respiratory Medicine peer-reviewed publication of OCS Lung EXPAND clinical trial results reporting the use of the OCS Lung System resulted in 87% successful utilization of donor lungs that were initially deemed not transplantable based on cold storage limitationsOrgan Care System (OCS™) Lung utilized for two successful extended duration lung transplantations using donor organs from Hawaii “We are pleased by our results from the second quarter, as w
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