XVIVO reports strong financial results and regulatory progress
Net sales reached SEK 252.6 million in Q3 with robust organic growth. The Heart Assist Transport system secured CE marking and FDA review entry, while CFO roles transitioned.
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Organ preservation and transplantation technology company
xvivogroup.comLast updated
In short: XVIVO's Q3 profit rose, its heart system won CE marks and NICE backed its lung device.
Net sales reached SEK 252.6 million in Q3 with robust organic growth. The Heart Assist Transport system secured CE marking and FDA review entry, while CFO roles transitioned.
The XVIVO Heart Assist Transport system uses HOPE to extend preservation time, reducing severe complications by 38% and improving survival rates.
Organic sales grew 36% to SEK 239 million. Thoracic segment led expansion, while regulatory submissions for Heart and Liver assist technologies progressed.
Net sales increased by 21 percent. The EBITDA margin was 20 percent. CFO transitions to a new role.
Revenue increased by 33.6 percent to 252.6 million SEK (189.1). The result can be compared with Modular Finance's analyst consensus, which stood at 238. Organic sales growth was 32...
Xvivo Perfusion AB (XVIVO.ST) announced a profit for its third quarter that Increased, from last year The company's bottom line came in at SEK44.62 million...
Gothenburg/Berlin (ots) - - The CE certifications enable the broader use of the innovative XVIVO technology and improve access to heart transplants in Europe. XVIVO gives the CE mark...
The standard method for storing donated hearts for transplantation is to keep them cooled at four degrees in a potassium solution in a cooler with the help of ice...
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