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CareDx, Inc. - CDNA STOCK NEWS

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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. (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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CareDx Hosts Innovative Symposium on Transplant Health

SOUTH SAN FRANCISCO, Calif., April 6, 2022 – CareDx, Inc. (Nasdaq: CDNA) announces its symposium, “Improved Precision with a Multimodality Approach,” at the American Society of Transplantation’s CEoT meeting, April 6-8. The event on April 7 will discuss multimodality surveillance advancements using AlloSure® dd-cfDNA and AlloMap® gene-expression profiling for kidney and lung transplants. NYU Langone Health's abstract on dd-cfDNA stability post-SARS-CoV-2 vaccination reinforces vaccine safety in kidney transplant recipients.

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CareDx, Inc. (Nasdaq: CDNA) has partnered with the European Society for Organ Transplantation (ESOT) to enhance education regarding the use of donor-derived cell-free DNA (dd-cfDNA) in monitoring transplanted organ health. This collaboration aims to promote AlloSeq cfDNA, which provides insights into allograft injury and rejection risk. Both organizations emphasize the importance of non-invasive monitoring technologies for improving transplant outcomes. CareDx plans to leverage this partnership to expand the adoption of its technologies across Europe.

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CareDx, Inc. (Nasdaq: CDNA) announced its partnership with the HeartBrothers Foundation to host a patient education webinar on navigating heart transplantation. This event will take place on March 31, 2022, and aims to provide insights into the transplant journey through personal stories and information on non-invasive post-transplant surveillance. CareDx highlights its commitment to supporting heart failure patients and promotes its AlloMap® Heart product, utilized by over 90% of heart transplant centers. The partnership underscores CareDx's dedication to enhancing patient education and support in the transplant community.

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CareDx, Inc. (Nasdaq: CDNA) has enhanced its AlloCare® mobile app with a new “virtual roadmap” feature aimed at assisting kidney failure patients in managing the transplant waitlist process. Historically, only 13.5% of the 550,000 U.S. dialysis patients are on waiting lists, largely due to the complex requirements. The new feature, integrated with the TxAccess™ tool, allows pre- and post-transplant patients to connect with healthcare providers and track essential steps. Since its launch in 2020, AlloCare has been downloaded over 25,000 times, offering valuable health metric tracking and support.

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FAQ

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

The current stock price of CareDx (CDNA) is $23.13 as of November 22, 2024.

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
3.44%
96.1%
6.43%
Diagnostics & Research
Services-medical Laboratories
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United States of America
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