TransMedics Nabs $20 Million for Living Organ Transplant Device

This one’s a step above a picnic cooler: Boston devicemaker TransMedics has developed a “living organ transplant” device that keeps organs in better condition prior to transplant surgery. Rather than keeping them cooling on ice – the current standard – TransMedics’ portable warm blood perfusion system keeps organs functioning outside of the body.

The company just raised $20 million from 11 investors, according to a regulatory filing. Calls and emails to the company regarding the fundraise have yet to be returned.

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