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Caredx Inc   (CDNA)
Other Ticker:  
 
    Sector  Healthcare    Industry Medical Laboratories
   Industry Medical Laboratories
   Sector  Healthcare
 
Price: $25.1150 $1.01 4.168%
Day's High: $25.2 Week Perf: 12.27 %
Day's Low: $ 23.36 30 Day Perf: 9.72 %
Volume (M): 929 52 Wk High: $ 34.84
Volume (M$): $ 23,332 52 Wk Avg: $16.98
Open: $24.15 52 Wk Low: $7.42



 Market Capitalization (Millions $) 1,329
 Shares Outstanding (Millions) 53
 Employees 643
 Revenues (TTM) (Millions $) 313
 Net Income (TTM) (Millions $) -144
 Cash Flow (TTM) (Millions $) 19
 Capital Exp. (TTM) (Millions $) 0

Caredx Inc
CardeDX Inc. is a commercial-stage precision medicine company that specializes in developing clinically actionable diagnostics to advance the field of transplant medicine. The company is based in Brisbane, California, and was founded in 2011. Its products and services are aimed at improving patient outcomes by providing accurate and reliable information about their transplant status.

Caredx's primary focus is on providing organ transplant patients with the latest diagnostic tools to ensure the best possible patient outcomes. The company's products and services are designed to help clinicians predict the likelihood of transplant rejection, monitor transplant patients for potential complications, and provide personalized treatment plans to prevent organ rejection.

Caredx's flagship product, the AlloSuree test, is a blood test that measures the fraction of donor-derived cell-free DNA circulating in a transplant recipient's bloodstream. The test provides clinicians with valuable information about the health of transplanted organs and helps to identify whether a patient is rejecting the transplant. The AlloSure test is the first and only commercially available test of its kind, and it is currently available in the United States and select international markets.

In addition to the AlloSure test, Caredx also offers a range of other diagnostic solutions for transplant patients, including the AlloMape test, which measures the expression of genes associated with organ rejection, and the AlloSeqe HLA genotyping test, which helps to identify the compatibility between a donor and recipient.

Caredx's services are primarily used by transplant centers, hospitals, and transplant specialists. The company has established partnerships with many leading academic medical centers and transplant organizations in the United States and internationally.

The company has a strong focus on research and development and has invested heavily in building a cutting-edge laboratory facility that allows for the development and testing of novel transplant diagnostics. In addition to developing new products and services, Caredx also works closely with transplant centers and transplant professionals to educate them about the latest advances in transplant diagnostic technology.

Caredx has received numerous awards and recognitions for its innovative products and services, including the 2016 Frost & Sullivan Technology Innovation Award and the 2018 Red Herring Top 100 North America Award.

Overall, Caredx is a leading player in the fast-growing field of precision medicine and is at the forefront of driving innovation and advancement in transplant diagnostics. With a strong commitment to research and development, the company is well-positioned to continue to grow and expand its product offerings and contribute to improving patient outcomes in the field of transplant medicine.


   Company Address: 8000 Marina Boulevard, 4th Floor Brisbane 94005 CA
   Company Phone Number: 287-2300   Stock Exchange / Ticker: NASDAQ CDNA


   

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• View Complete Report
   



Business Update

CareDx Emerges Unscathed from DOJ Investigation, Reassuring Investors Amid Positive Market Trends

Published Tue, Oct 8 2024 11:47 AM UTC

In a significant development for the biotechnology sector, CareDx, Inc. (Nasdaq: CDNA), a prominent player in precision medicine dedicated to transplant health, has announced the conclusion of a Department of Justice (DOJ) investigation with no finding of wrongdoing. This announcement marks a pivotal moment for the company, which has been under scrutiny, but now finds itself...

Stocks on the Move

CareDx?s Stock Soars Amidst Positive Earnings Reports and Upgraded Forecasts A Bright Future for Investors,

Published Thu, Aug 15 2024 10:09 AM UTC

CareDx, Inc. Experiences Significant Growth After Upgraded Forecasts: A Look Into Q2 Performance and Market ReactionsIn a series of optimistic updates surrounding its financial performance, CareDx, Inc. (NASDAQ: CDNA) has captured the attention of investors and analysts alike. The latest reports indicate substantial upgrades in the company s fiscal forecasts and a positive ...

Business Update

Evolving Transplant Medicine: Landmark Studies Validate CareDxs Innovative Solutions in Detecting R...

Published Mon, Jun 3 2024 12:38 PM UTC

Breakthrough Study Validates CareDx's AI-Enabled Risk Prediction Model and Detects Subclinical Rejection in Stable PatientsIn a significant development for the field of transplant medicine, CareDx, Inc. has announced the publication of groundbreaking findings in Nature Medicine. The study, which represents the largest real-world analysis of its kind, validates the effectiven...

Business Update

CareDx Unveils Revolutionary AI Technology Enhancing Transplant Patient Outcomes

Published Thu, May 30 2024 12:38 PM UTC

Brisbane, California - CareDx, Inc. (Nasdaq: CDNA), a pioneering precision medicine company dedicated to improving the lives of transplant patients and caregivers, has generated buzz at the 2024 American Transplant Congress (ATC) with its innovative AI integration and game-changing healthcare solutions, as highlighted in new data presented during the conference.CareDx has es...

Business Update

Revamping Heart Transplant Care: CareDx's Groundbreaking Study Delivers Unprecedented Outcomes

Published Fri, May 17 2024 12:15 AM UTC

In a groundbreaking study published in The Journal of Heart and Lung Transplantation, CareDx, Inc., a leading precision medicine company dedicated to transforming the lives of transplant patients, has unveiled a major breakthrough in heart transplant care. The findings from the SHORE (Surveillance HeartCare Outcomes Registry) study have demonstrated that CareDx's HeartCare o...







Caredx Inc's Segments
United States    95.41 % of total Revenue
Europe    3.03 % of total Revenue
Rest of World    1.55 % of total Revenue
Testing services revenue    73.36 % of total Revenue
Testing services revenue United States    72.88 % of total Revenue
Testing services revenue Rest of World    0.48 % of total Revenue
Product revenue    12.32 % of total Revenue
Product revenue United States    8.26 % of total Revenue
Product revenue Europe    3 % of total Revenue
Product revenue Rest of World    1.05 % of total Revenue
Patient and digital solutions revenue    14.31 % of total Revenue
Patient and digital solutions revenue United States    14.27 % of total Revenue
Patient and digital solutions revenue Europe    0.03 % of total Revenue
Patient and digital solutions revenue Rest of World    0.02 % of total Revenue

  Caredx Inc Outlook

On October 15 2024 the Caredx Inc provided following guidance

nnCareDx Inc. Preliminary Financial Estimates for Q3 2024nn

CareDx, Inc. (Nasdaq: CDNA), a prominent leader in precision medicine dedicated to enhancing the lives of transplant patients and their caregivers, has released its preliminary financial results for the third quarter of 2024, which ended on September 30. The figures indicate a strong performance, with projected revenue anticipated to fall within the range of $82 million to $83 million.

nnQ3 2024 Revenue Forecastnn

The company?s revenue estimates reflect robust activity and growth within its market segment, thanks to CareDx's commitment to delivering innovative healthcare solutions that cater specifically to the needs of tr...





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