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CareDx, Inc. - CDNA STOCK NEWS

Welcome to our dedicated page for CareDx news (Ticker: CDNA), a resource for investors and traders seeking the latest updates and insights on CareDx stock.

CareDx, Inc. (NASDAQ: CDNA) is at the forefront of transforming transplant patient care through its innovative surveillance management solutions. Dedicated to improving the lives of organ transplant patients, CareDx leverages the latest in genomics and bioinformatics technology combined with rigorous clinical evidence derived from trials and registries.

CareDx offers a suite of precision medicine solutions aimed at enhancing both pre- and post-transplant care. One of its flagship products, AlloSure®, is the first and only non-invasive blood test that directly measures allograft injury. This next-generation sequencing (NGS) based test detects donor-derived cell-free DNA (dd-cfDNA), providing clinicians with a powerful tool to identify organ injury and the probability of active rejection, particularly in kidney transplant patients.

The company's portfolio also includes AlloMap Heart, AlloSure Heart, and AlloSure Lung, which are dd-cfDNA solutions designed for heart and lung transplant recipients. These products underscore CareDx’s commitment to offering clinically differentiated, high-value healthcare solutions that span the entire transplant journey.

CareDx generates the majority of its revenue from the United States, with a significant portion coming from its testing services. Its product suite not only addresses the critical needs of transplant patients but also supports healthcare providers in delivering better patient outcomes through genomics-based information.

Recent achievements include the continued expansion of their product line and partnerships with leading healthcare institutions to further validate and implement their innovative diagnostic solutions. These efforts position CareDx as a leader in the field of transplant diagnostics and surveillance.

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CareDx, Inc. (CDNA) announced new data from the multi-center OKRA study confirming that AlloMap Kidney can predict allograft rejection, specifically antibody-mediated rejection (ABMR) and T cell-mediated rejection (TCMR). With a negative predictive value of 95%, this gene expression profiling can effectively distinguish rejection from quiescence in kidney transplant patients. CEO Reg Seeto noted that these findings advance their KidneyCare solutions. This data aligns with previous studies indicating AlloSure's effectiveness in monitoring renal transplant rejection.

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CareDx, Inc. (CDNA) announced that Board member Dr. Hannah Valantine received the 2022 Lifetime Achievement Award from the International Society for Heart and Lung Transplantation during their annual meeting in Boston. Valantine's contributions include pioneering research in heart transplantation and innovations like AlloMap® Heart. Her leadership in the field and efforts to promote health equity in transplantation are highlighted. CEO Reg Seeto praised her for shaping public policy and improving patient care in transplant medicine.

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CareDx, Inc. (Nasdaq: CDNA) has announced an expansion to its HeartCare multimodality portfolio, adding an AI prognostic tool for cardiac allograft vasculopathy (CAV) in partnership with OrganX. This development aims to enhance patient stratification by assessing the risk of CAV, a significant cause of heart transplant failure. By integrating this AI tool with existing products like AlloMap® and AlloSure®, CareDx intends to offer a more personalized approach to interventions for improving long-term heart transplant outcomes. The initiative follows positive outcomes from previous AI applications in the KidneyCare portfolio.

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CareDx, Inc. (Nasdaq: CDNA) will report its first-quarter 2022 financial results after market close on May 5, 2022. Following the report, company management will host a conference call at 1:30 p.m. PT / 4:30 p.m. ET. Interested participants can join by calling 877-300-8521 for domestic or 412-317-6026 for international access, using Conference ID: 10165254. CareDx specializes in precision medicine solutions for transplant patients, with offerings that include diagnostic testing and digital healthcare solutions.

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CareDx, Inc. (Nasdaq: CDNA) announced that CEO Reg Seeto has been appointed Corporate Chair of the ISHLT Foundation's Global Steering Committee. This committee aims to advance innovations in heart and lung transplantation through the "Fostering Excellence Campaign," which will fund vital research and career development awards. CareDx aims to improve outcomes for patients with advanced heart and lung disease, aligning with the ISHLT Foundation's mission. This collaboration highlights CareDx's commitment to enhancing transplant patient care.

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CareDx announces the validation of its OTTR Patient Management Software for SMART on FHIR standards, enhancing interoperability in healthcare. This announcement aligns with their presentation of new data on AlloHeme and AlloCell during the Tandem Meetings from April 23-26, 2022, in Salt Lake City, Utah. These innovations are aimed at improving patient monitoring for allogeneic hematopoietic stem cell transplants and therapies. The ACROBAT study will further evaluate AlloHeme's ability in disease relapse detection, promising advancements in patient care.

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CareDx, Inc. (Nasdaq: CDNA) announced its collaboration with UC Davis Health to launch a new program named Pluralist. This initiative focuses on improving organ donation and transplantation awareness in underserved communities in California. Through digital education and community engagement, the program aims to address health disparities and increase organ donations, particularly among minority populations who represent a significant share of transplant recipients. CareDx’s contribution to this project underscores its commitment to health equity in transplantation.

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CareDx, Inc. (Nasdaq: CDNA) showcased its leadership at the ISHLT Annual Meeting, presenting over 25 oral presentations and posters on heart and lung transplant innovations. Key highlights include interim findings from the Surveillance HeartCare Outcomes Registry (SHORE), which underscore the effectiveness of multimodality assessments in transplant care. CareDx also introduced XenoSure and XenoMap for xenotransplantation research. The company emphasizes the importance of integrating its diagnostic tools for improved patient outcomes and reduced biopsies, demonstrating significant advancements in the field.

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CareDx, Inc. (Nasdaq: CDNA) has successfully delivered over 200,000 AlloMap® and AlloSure® test results to more than 30,000 heart transplant patients, showcasing its significant role in the U.S. heart transplant community. The company has been a trusted partner since 2005, with AlloMap being the only FDA-cleared gene-expression profiling test for heart transplants. CareDx’s HeartCare platform, which integrates both AlloMap and AlloSure, is now utilized by over 90% of heart transplant centers in the U.S., reflecting a strong attachment rate of clinical adoption.

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CareDx, Inc. (CDNA) announced its participation in the UNOS Transplant Management Forum from April 11-13, 2022, showcasing its TxAccess digital platform designed to expedite the pre-transplant process. The platform facilitates electronic communication and referral processing, significantly reducing errors and time spent on paper-based methods. Medical City Transplant Institute's study highlights improvements in operational workflows and patient management. CareDx's digital tools aim to enhance efficiency and patient experience throughout the transplant journey.

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FAQ

What is the current stock price of CareDx (CDNA)?

The current stock price of CareDx (CDNA) is $22.34 as of January 24, 2025.

What is the market cap of CareDx (CDNA)?

The market cap of CareDx (CDNA) is approximately 1.2B.

What does CareDx, Inc. specialize in?

CareDx, Inc. specializes in precision medicine and surveillance management solutions aimed at improving the lives of organ transplant patients.

What is AlloSure®?

AlloSure® is a non-invasive blood test that measures allograft injury and detects donor-derived cell-free DNA (dd-cfDNA) to identify organ injury in kidney transplant patients.

Which organs do CareDx's products focus on?

CareDx's products focus on kidney, heart, and lung transplants.

Where does CareDx generate most of its revenue?

CareDx generates the majority of its revenue from the United States, primarily through its testing services.

What are some key products offered by CareDx?

Key products include AlloSure Kidney, AlloMap Heart, AlloSure Heart, and AlloSure Lung, all of which are dd-cfDNA solutions.

How does CareDx support transplant patients?

CareDx supports transplant patients by offering non-invasive diagnostic tests that help in monitoring and managing organ transplant health.

What technology does CareDx use in its diagnostics?

CareDx uses genomics and bioinformatics technology, specifically next-generation sequencing (NGS) to develop its diagnostic tests.

Does CareDx collaborate with other healthcare institutions?

Yes, CareDx partners with leading healthcare institutions to validate and implement their diagnostic solutions.

What kind of clinical evidence does CareDx generate?

CareDx generates high-quality clinical evidence through trials and registries to support the efficacy of its products.

What makes CareDx a leader in transplant diagnostics?

CareDx's combination of innovative diagnostic solutions, clinical evidence, and partnerships positions it as a leader in transplant diagnostics and surveillance.
CareDx, Inc.

Nasdaq:CDNA

CDNA Rankings

CDNA Stock Data

1.22B
51.79M
3.45%
96.06%
5.81%
Diagnostics & Research
Services-medical Laboratories
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United States of America
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