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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, a precision medicine company, has acquired MediGO, a digital health platform, to expand its offerings in the organ procurement organization (OPO) market and improve access to donated organs. The acquisition aims to shorten transplant wait times and increase organ utilization. The combined strengths of the two companies will drive operational efficiencies and accelerate innovation in the transplant ecosystem.
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CareDx announces that the United States District Court has upheld the decision that Natera violated the Lanham Act by falsely advertising the scientific performance of its Prospera transplant test.
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CareDx's AlloSure Lung, a donor-derived cell-free DNA (dd-cfDNA) molecular testing service, has received Medicare coverage for use in surveillance settings in lung transplant patients. The approval represents a significant milestone for lung transplant patients, as AlloSure Lung is the first dd-cfDNA approved by Medicare for this population. The test has been shown to effectively identify acute cellular rejection, antibody-mediated rejection, and infection in asymptomatic lung transplant patients during routine surveillance screening. It has also been found to reduce the number of invasive biopsies needed for surveillance. AlloSure Lung has already been adopted in over 60 percent of lung transplant centers in the U.S.
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CareDx, Inc. announces a leading presence at the 2023 American Transplant Congress with 65 scientific presentations. The company will showcase the clinical utility of AlloSure Kidney and AlloMap in the surveillance and management of transplant patients. Noteworthy presentations include the use of AlloSure to guide immunosuppression minimization, transition to belatacept therapy, and treatment in patients with T-Cell Mediated Rejection. AlloSure Kidney is also shown to improve early detection of subclinical rejection and predict graft failure. One-year outcomes of patients on rejection surveillance protocol utilizing AlloSure resulted in fewer biopsies and treated rejection episodes. AlloSure Lung can predict CLAD risk equivalent to or better than an invasive biopsy. CareDx will host a symposium on artificial intelligence and molecular diagnostics.
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CareDx, Inc. (Nasdaq: CDNA) announced its participation at the 36th European Immunogenetics and Histocompatibility Conference from April 26-29 in Nantes, France. The company will showcase its AlloSeq portfolio for HLA typing and organ transplant monitoring, highlighting innovations in precision medicine for transplant patients.

The event will feature a symposium focused on innovative pre- and post-transplant solutions, moderated by Curtis Lind, with discussions led by various experts on HLA typing and chimerism analysis. CareDx emphasizes its commitment to advancing immunogenetics and supporting the European transplant community.

The AlloSeq products aim to enhance pre- and post-transplant care, reinforcing CareDx’s leadership in the transplant genomics market.

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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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