Home Trending Stocks TransMedics Group Inc. (TMDX) stock surged during current market trading. Let’s see...

TransMedics Group Inc. (TMDX) stock surged during current market trading. Let’s see why?

TransMedics Group Inc. (NASDAQ: TMDX) stock gains by 5.10% in the current market trading session. TransMedics is the world’s leading provider of portable extracorporeal warm perfusion and donor organ evaluation for transplantation.

>> 7 Top Picks for the Post-Pandemic Economy << 

What is happening?

TransMedics Group confirmed today that the Gastroenterology and Urology Devices Panel of the Medical Devices Advisory Committee meeting that was held by the US Food and Drug Administration has granted a positive vote in support of authorization of the OCS Liver System after reviewing and discussing TransMedics’ clinical evidence from the OCS Liver PROTECT trial.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Read More

The panel voted 14 to 0 that there is a complete probability that the OCS Liver System is effective, and 14 to 0 that it is safe. The panel decided that the advantages of the OCS Liver System exceed the hazards by a vote of 12 to 1 with 1 abstention.

Dr. Waleed Hassanein, President, and Chief Executive Officer commented,

This decision is a significant step forward in the process of getting the OCS Liver technology approved by the FDA, which will assist patients with end-stage liver disease in the United States. They are looking forward to collaborating with the FDA to complete the evaluation of the OCS Liver PMA. He would I want to take a moment to thank the investigators, study organizers, patients who participated in the OCS Liver PROTECT Trial, and the TransMedics Liver team for their efforts.

With today’s FDA panel vote, all three OCS products for lung, heart, and liver transplantation might be FDA authorized and widely accessible in the United States.

Furthermore,

Independent views and nonbinding suggestions from outside medical professionals are provided to the FDA via Advisory Committees. The FDA will decide whether to accept the premarket approval application for using the OCS Liver System for transplantation when it has completed its evaluation of the PMA while taking into account the opinions and suggestions made at the Advisory Committee.

>> 7 Top Picks for the Post-Pandemic Economy << 

The OCS Lung System is authorized in the United States, while the OCS Heart System is undergoing FDA evaluation after obtaining a favorable vote from the FDA’s Circulatory System Device Advisory Panel in April.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Flora Growth Corp. (FLGC) stock declines during premarket. Here’s what you should know?

Flora Growth Corp. (NASDAQ: FLGC) stock gained by 49.67% at last close whereas the FLGC stock price plunged by 18.36% in the pre-market trading...

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

Smith Micro Develops Inc. (SMSI) stock soars during current market trading. Here’s to know why?

Smith Micro Develops Inc. (NASDAQ: SMSI) stock surged by 2.39% during the current market trading session. Smith Micro creates software that simplifies and improves...

Drive Shack Inc. (DS) stock soars during after-hour trading, followed by no recent update

Drive Shack Inc. (NASDAQ: DS) stock declined by 3.94% at last close while the DS stock-price surged by 7.38% in the after-hour session. Drive...

SPX Flow Inc. (FLOW) stock surged during current market. Here’s why the stock is sky-rocketing?

SPX Flow Inc. (NASDAQ: FLOW) stock gained by 24.24% in the current market trading session. SPX FLOW, based in Charlotte, works to make the...

F5 Networks Inc. (FFIV) stock soars during pre-market trading. Here’s to know why?

F5 Networks Inc. (FFIV) stock gained by 0.23% at the last close while the FFIV stock surged by 6.05% in the pre-market trading session....

Flora Growth Corp. (FLGC) stock declines during premarket. Here’s what you should know?

Flora Growth Corp. (NASDAQ: FLGC) stock gained by 49.67% at last close whereas the FLGC stock price plunged by 18.36% in the pre-market trading...

Here is why Range Resources Corporation (RRC) stock plummeted in the after-hours on Monday?

Range Resources Corporation (RRC) shares lost 6.50% in after-hours on Monday, July 26, 2021, and close the daily trading at $14.95. in the regular...

Related News

Flora Growth Corp. (FLGC) stock declines during premarket. Here’s what you should know?

Flora Growth Corp. (NASDAQ: FLGC) stock gained by 49.67% at last close whereas the FLGC stock price plunged by 18.36% in the pre-market trading...

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

Smith Micro Develops Inc. (SMSI) stock soars during current market trading. Here’s to know why?

Smith Micro Develops Inc. (NASDAQ: SMSI) stock surged by 2.39% during the current market trading session. Smith Micro creates software that simplifies and improves...

Drive Shack Inc. (DS) stock soars during after-hour trading, followed by no recent update

Drive Shack Inc. (NASDAQ: DS) stock declined by 3.94% at last close while the DS stock-price surged by 7.38% in the after-hour session. Drive...

SPX Flow Inc. (FLOW) stock surged during current market. Here’s why the stock is sky-rocketing?

SPX Flow Inc. (NASDAQ: FLOW) stock gained by 24.24% in the current market trading session. SPX FLOW, based in Charlotte, works to make the...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam