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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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Reg Seeto, President and CEO of CareDx (Nasdaq: CDNA), will discuss telehealth innovations for transplant patient care at the AAKP 2021 Summit on June 17, 2021. The presentation, titled Improving Access to Transplant Care, highlights solutions like RemoTraC, AlloCare, and Tx Connect, which have become essential, especially during the COVID-19 pandemic. Seeto emphasizes that such technologies enhance patient access and care throughout the transplant journey. AAKP advocates for patient-centered innovations in the kidney care community.

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CareDx, Inc. (Nasdaq: CDNA), a leader in precision medicine for transplant patients, will participate in the Raymond James 2021 Human Health Innovation Conference on June 21, 2021, at 10:40 a.m. Eastern Time. The event will be accessible via a live webcast on the company's investor relations site. CareDx specializes in developing clinically differentiated healthcare solutions and is known for providing genomics-based information for transplant patients. Further details can be found on their website.

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CareDx is hosting a live webinar featuring professional golfer Erik Compton, a two-time heart transplant recipient, on June 15, 2021. The event aims to discuss Compton's career, transplant journey, and his advocacy for organ donation. Compton, the only professional golfer competing with a transplanted heart, emphasizes the importance of sharing experiences within the transplant community. The webinar is free and open to all, reflecting CareDx's commitment to connecting with transplant patients. For more details, visit CareDx's website.

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CareDx, Inc. has highlighted the significance of equity in transplantation at the 2021 American Transplant Congress. Dr. Hannah Valantine's keynote lecture emphasized using genomics to address health disparities in organ transplantation. Valantine presented the AlloMap IMAGE trial as crucial for understanding minority population insights, with dd-cfDNA identified as a key tool for personalizing care. CareDx aims to ensure all end-stage disease patients have equitable access to transplant resources, showcasing its commitment to diversity in transplant medicine.

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CareDx, Inc. (CDNA) has announced its acquisition of Transplant Hero LLC, a New York-based mobile application provider that assists transplant patients with medication management. This acquisition enhances CareDx's digital portfolio, complementing its existing AlloCare app. Transplant Hero’s app helps patients manage complex medication schedules, crucial for organ transplant recipients. The deal is expected to improve patient outcomes by expanding CareDx’s capabilities across various organ transplants, leveraging Transplant Hero's established presence in the transplant community.

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CareDx announced its participation in the American Transplant Congress (ATC) 2021, showcasing data from the Kidney Outcomes with AlloSure Registry (KOAR). This study, the largest of its kind, enrolled over 1,500 kidney transplant patients across 50 centers. Key findings reveal improved one-year graft survival rates and a reduction in biopsy procedures compared to traditional methods. The presentation aims to highlight AlloSure's effectiveness in monitoring transplant health and its role in enhancing patient care.

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CareDx (Nasdaq: CDNA) will present 40 scientific abstracts at the 2021 American Transplant Congress (ATC) and host two symposia showcasing advancements in the clinical utility of AlloSure. Key studies highlighted include ADMIRAL and KOAR, focusing on donor-derived cell-free DNA in transplant recipients. The first symposium covers AlloSure's utility in heart, lung, and liver transplants, while the second presents findings from the ADMIRAL study and one-year data from the KOAR study, aimed at improving patient care in kidney transplants.

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CareDx, Inc. (Nasdaq: CDNA) announced a strategic partnership with OrganX to develop clinical decision support tools for transplant patients. This collaboration aims to integrate AlloSure, a dd-cfDNA assay, with large transplant databases, providing innovative analytics for organ injury assessment. CareDx's CEO highlighted that this partnership will enhance its leadership in multi-modality testing. OrganX's founder emphasized their shared goal of improving patient quality of life through advanced digital health solutions. The collaboration presents promising benefits but also carries inherent risks, as noted in CareDx's forward-looking statements.

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CareDx, a precision medicine company, announced its participation in the 42nd Annual Goldman Sachs Global Healthcare Conference on June 8, 2021. The event will feature a management presentation scheduled for 1:40 p.m. Pacific time / 4:40 p.m. Eastern time. Investors can listen to the live webcast through CareDx’s investor relations page. CareDx specializes in high-value healthcare solutions for transplant patients and their caregivers.

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CareDx, Inc. (CDNA) has initiated the Molecular Assessment and Profiling of Liver Transplant Recipients (MAPLE) Study at Mount Sinai Hospital, enrolling the first patient. This multi-center study will evaluate the LiverCare platform, which utilizes various testing methodologies including donor-derived cell-free DNA and gene expression profiling to assess liver allograft status. The study aims to enroll 1500 liver transplant recipients and underscores CareDx's commitment to advancing care in transplant medicine.

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FAQ

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

The current stock price of CareDx (CDNA) is $20.61 as of December 20, 2024.

What is the market cap of CareDx (CDNA)?

The market cap of CareDx (CDNA) is approximately 1.1B.

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

1.11B
51.79M
3.45%
96.05%
5.73%
Diagnostics & Research
Services-medical Laboratories
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United States of America
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