Aug. 25 at 1:43 PM
$TMDX
TransMedics (NASDAQ: TMDX)
Buy (1)
ESG Score: 61/100
Price Target:
$170.00
Industry Validation of Organ Preservation Tech: Terumo’s
$1.5B OrganOx Purchase
THE TD COWEN INSIGHT
Terumo’s
$1.5B OrganOx acquisition validates the strategic value of organ preservation technology. While OrganOx could gain strength under Terumo's roof, we believe TransMedics’ OCS platform, NOP, and aviation/logistics combo offering remains unmatched and best positioned to gain share, expand DCD/DBD liver donor organ utilization and drive liver transplant growth. Reiterate Buy.