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TransMedics Releases Inaugural Environmental, Social & Governance (ESG) Report TransMedics Group, Inc. ( TransMedics ) (Nasdaq: TMDX), a medical technology company that is transforming organ transplant therapy for patients with...

Key Takeaway: TransMedics Group, Inc. has released its inaugural Environmental, Social & Governance (ESG) report, reflecting its commitment to sustainable and responsible organ transplantation. CEO Waleed Hassanein emphasized the importance of improving clinical outcomes for organ transplant patients while adhering to ESG principles. The report aligns with the Sustainability Accounting Standards Board (SASB) standards, showcasing TransMedics' dedication to transparency and accountability in their practices. The company continues to innovate in organ preservation and viability assessment, potentially increasing organ utilization.
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POSITIVE FACTORS

  • TransMedics published its inaugural ESG report, highlighting its commitment to sustainability.
  • The company aims to transform organ transplantation and expand access to life-saving therapies.
  • Their initiatives are aligned with recognized ESG standards, ensuring transparency and responsibility.

Full Press Release Details

ANDOVER, Mass. , May 1, 2023 /PRNewswire/ -- TransMedics Group, Inc. ("TransMedics") (Nasdaq: TMDX ), a medical technology company that is transforming organ transplant therapy for patients with end-stage lung, heart, and liver failure, announced today that it has published its inaugural Environmental, Social & Governance (ESG) report.
"Our core mission is to transform organ transplantation and expand access to life-saving therapy for patients across multiple disease states," said Waleed Hassanein , M.D., President, and Chief Executive Officer. "We strive to continuously improve the supply and post-transplant clinical outcomes for organ transplant patients, and we want to do so by operating responsibly and sustainably. This aspiration forms the basis of our approach to ESG at TransMedics. As we continue to grow the business and meaningfully expand the reach of the National OCS Program, our primary focus will remain on patients, organ donors, and their families. Our inaugural ESG report lays the groundwork for building on our performance and our record of transparency in the years ahead."
TransMedics' ESG-related initiatives and accomplishments from the past year included:
TransMedics' ESG report is aligned with the Sustainability Accounting Standards Board (SASB) standard for the Medical Equipment & Supplies industry and was informed by other leading ESG reporting frameworks. Please visit the Investor Relations section of TransMedics' website to view the 2022 ESG Report.
About TransMedics Group, Inc. TransMedics is the world's leader in portable extracorporeal warm perfusion and assessment of donor organs for transplantation. Headquartered in Andover, Massachusetts , the company was founded to address the unmet need for more and better organs for transplantation and has developed technologies to preserve organ quality, assess organ viability prior to transplant, and potentially increase the utilization of donor organs for the treatment of end-stage heart, lung, and liver failure.

Frequently Asked Questions

What is the mission of TransMedics Group, Inc.?

TransMedics aims to transform organ transplantation and improve patient access to therapies.

What does TransMedics' inaugural ESG report cover?

The report outlines TransMedics' ESG initiatives, accomplishments, and commitment to sustainability.

What industry standards guide TransMedics' ESG report?

The report aligns with the SASB standard for Medical Equipment & Supplies and other frameworks.

Where is TransMedics Group, Inc. headquartered?

TransMedics is based in Andover, Massachusetts.

What technologies has TransMedics developed?

TransMedics has created technologies to assess organ viability and preserve organ quality.

Last updated: May 1, 2023