Latest news with #NOP
Yahoo
2 days ago
- Business
- Yahoo
TransMedics (TMDX) Continues to Scale Innovation in Organ Transplant Care
TransMedics Group Inc. (NASDAQ:TMDX) is one of the 10 best growth stocks to buy according to billionaires. The stock has had a tremendous year so far, with share price gains of 129%, leading other stocks in this list by a considerable margin, as none of the other stocks here have even reached 100%. In 2024, the company's revenue surged a robust 83%, and the street expects it to post a solid 31% growth in FY 2025. The company is also likely to experience significantly improved profitability, as consensus EPS forecasts a 77% growth this year and a 38% growth next year. A doctor performing a living donor kidney transplant in a hospital operating room, emphasizing the importance of medical advancements. On June 9, Canaccord Genuity analyst William Plovanic reaffirmed a Buy rating on TransMedics Group Inc. (NASDAQ:TMDX) with an unchanged price target of $129. This reaffirmation follows the company's June 9 presentation at the Goldman Sachs Global Healthcare Conference, where the company reaffirmed the strategy behind its industry-leading position in organ transplantation. Its execution continues to support a positive outlook, with management sharing tangible progress toward its long-term targets. At the centre of the story is the National OCS Program (NOP), which now drives nearly all company revenue, enabling TransMedics to offer a full-service, end-to-end transplant logistics and technology solution. This model has not only boosted transplant volumes but also established a critical advantage that competitors have yet to replicate. The company is targeting $1.2 billion in revenue and a 30% operating margin by 2028, driven by the expanded adoption of its Organ Care System and the upcoming next-generation platforms. Notably, its leadership in the DCD (donation after circulatory death) heart category, which now makes up about half of all U.S. heart donors, reflects its role in expanding the donor pool. TransMedics Group Inc. (NASDAQ:TMDX) is well-positioned to introduce new platforms for heart, lung, and kidney care in the coming years, including a Gen 3 system designed for greater portability and scalability. With strong clinical data and operational depth, the company appears well-positioned to hit its 10,000 annual transplants milestone by 2028 and continue growing from there. Management expects its kidney platform to launch by 2027 and aims to achieve 20,000 to 30,000 transplants over the next three to five years. TransMedics Group Inc. (NASDAQ:TMDX) is a commercial-stage medical technology company offering organ transplant therapy for patients with end-stage organ failure across multiple disease states. While we acknowledge the potential of TMDX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
Cision Canada
2 days ago
- Business
- Cision Canada
AgroFresh Expands Global Post-Harvest Solutions Portfolio with NatuWrap® in Exclusive Distribution Agreement with Nabaco®
PHILADELPHIA and SAN MARCOS, Texas, June 18, 2025 /CNW/ -- AgroFresh Solutions, Inc., a global leader in post-harvest quality and freshness solutions, and Nabaco ®, Inc., a platform science company specializing in eco-friendly solutions for farmers, produce packers, and beyond, including its NatuWrap ® fruit protection technologies, today announced an exclusive distribution agreement. AgroFresh will serve as the global commercial partner for NatuWrap, bringing the solution to fresh produce packers and processors worldwide. The agreement adds to AgroFresh's growing portfolio of innovative freshness technologies that meet the produce industry's desire for more natural solutions. "At AgroFresh, we're focused on delivering impactful solutions that address the evolving needs of our customers," said AgroFresh Chief Executive Officer (CEO) Clint Lewis. "Our company aim is to continuously identify unique, novel technologies, developed internally or through our partners, that address the needs of our customers. NatuWrap, developed by Nabaco, Inc., is a tangible example of this innovation commitment, helping to sustainably protect fruit quality throughout the produce supply chain." NatuWrap is a food - grade solution made from USDA National Organic Program (NOP) listed ingredients and is Organic Materials Review Institute (OMRI) certified. It forms a gentle, protective barrier that helps reduce scuffing, bruising and other damage during handling and storage. This delivers meaningful quality benefits across a variety of crops, including apples, pears, citrus, and cherries. As the U.S. cherry packing season begins, NatuWrap has been shown to reduce pitting and help maintain greener, fresher-looking stems, resulting in higher-quality fruit at retail. "NatuWrap represents a new standard in fruit protection – novel, effective and easy to integrate into existing operations," said Nabaco CEO Jamie Strachan. "AgroFresh's strong global reach and deep experience in post-harvest solutions makes them the ideal partner to scale the benefits of our technology to the widest possible range of fruit and vegetable packers and processors." This agreement is the latest in a series of strategic partnerships and new innovations from AgroFresh, underscoring the company's commitment to transforming the fresh produce industry with smart, sustainable post-harvest technologies. About AgroFresh AgroFresh is the global leader in post-harvest quality and freshness solutions that enhance quality and extend shelf-life of fresh produce, reducing food loss and waste. AgroFresh has been innovating for more than 40 years to address fresh produce supply chain challenges from all angles with a full suite of integrated storage, packing line and digital solutions. As the pioneer of SmartFresh ™, the world's first introduction to 1-MCP technology used to slow ripening, and Uvasys ™, the world's first laminated SO 2 generating sheets that prevent fungal decay in produce, AgroFresh empowers growers, packers and retailers to succeed in delivering fresh, quality and sustainable produce from harvest to home. To learn more about AgroFresh, visit About Nabaco Nabaco, Inc. is a Texas-based materials science company revolutionizing industries with its patented, eco-friendly solutions for farmers, produce packers, and beyond. Our flagship post-harvest product, NatuWrap ®, is a food-grade, temporary barrier designed to protect fruits and vegetables during processing and storage. By helping packers improve quality and yield, NatuWrap ® supports better returns to the farm and the planet.
Yahoo
2 days ago
- Business
- Yahoo
AgroFresh Expands Global Post-Harvest Solutions Portfolio with NatuWrap® in Exclusive Distribution Agreement with Nabaco®
PHILADELPHIA and SAN MARCOS, Texas, June 18, 2025 /CNW/ -- AgroFresh Solutions, Inc., a global leader in post-harvest quality and freshness solutions, and Nabaco®, Inc., a platform science company specializing in eco-friendly solutions for farmers, produce packers, and beyond, including its NatuWrap® fruit protection technologies, today announced an exclusive distribution agreement. AgroFresh will serve as the global commercial partner for NatuWrap, bringing the solution to fresh produce packers and processors worldwide. The agreement adds to AgroFresh's growing portfolio of innovative freshness technologies that meet the produce industry's desire for more natural solutions. "At AgroFresh, we're focused on delivering impactful solutions that address the evolving needs of our customers," said AgroFresh Chief Executive Officer (CEO) Clint Lewis. "Our company aim is to continuously identify unique, novel technologies, developed internally or through our partners, that address the needs of our customers. NatuWrap, developed by Nabaco, Inc., is a tangible example of this innovation commitment, helping to sustainably protect fruit quality throughout the produce supply chain." NatuWrap is a food-grade solution made from USDA National Organic Program (NOP) listed ingredients and is Organic Materials Review Institute (OMRI) certified. It forms a gentle, protective barrier that helps reduce scuffing, bruising and other damage during handling and storage. This delivers meaningful quality benefits across a variety of crops, including apples, pears, citrus, and cherries. As the U.S. cherry packing season begins, NatuWrap has been shown to reduce pitting and help maintain greener, fresher-looking stems, resulting in higher-quality fruit at retail. "NatuWrap represents a new standard in fruit protection – novel, effective and easy to integrate into existing operations," said Nabaco CEO Jamie Strachan. "AgroFresh's strong global reach and deep experience in post-harvest solutions makes them the ideal partner to scale the benefits of our technology to the widest possible range of fruit and vegetable packers and processors." This agreement is the latest in a series of strategic partnerships and new innovations from AgroFresh, underscoring the company's commitment to transforming the fresh produce industry with smart, sustainable post-harvest technologies. About AgroFreshAgroFresh is the global leader in post-harvest quality and freshness solutions that enhance quality and extend shelf-life of fresh produce, reducing food loss and waste. AgroFresh has been innovating for more than 40 years to address fresh produce supply chain challenges from all angles with a full suite of integrated storage, packing line and digital solutions. As the pioneer of SmartFresh™, the world's first introduction to 1-MCP technology used to slow ripening, and Uvasys™, the world's first laminated SO2 generating sheets that prevent fungal decay in produce, AgroFresh empowers growers, packers and retailers to succeed in delivering fresh, quality and sustainable produce from harvest to home. To learn more about AgroFresh, visit About NabacoNabaco, Inc. is a Texas-based materials science company revolutionizing industries with its patented, eco-friendly solutions for farmers, produce packers, and beyond. Our flagship post-harvest product, NatuWrap®, is a food-grade, temporary barrier designed to protect fruits and vegetables during processing and storage. By helping packers improve quality and yield, NatuWrap® supports better returns to the farm and the planet. View original content to download multimedia: SOURCE AgroFresh Solutions, Inc. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Sun
12-06-2025
- Business
- The Sun
World Ocean Day 2025's theme resonates profoundly for Malaysia in its efforts to preserve the ocean.
AS a coastal nation, Malaysia relies significantly on its marine ecosystems to support millions of livelihoods, ensure food security and drive economic growth. The maritime zones that stretch from the Straits of Malacca to the South China Sea are biodiversity hot spots and economic engines, generating billions annually through fisheries, shipping, marine tourism and oil and gas. However, pressing issues like as overfishing, marine pollution, degradation of habitat and climate change are posing a major strain on these ecosystems. Addressing these intricate, interrelated issues requires not only effective legislation but also constructive coordination and innovation. This year's World Ocean Day themed 'Wonder: Sustaining What Sustains Us', resonates profoundly for Malaysia in its efforts to preserve the ocean. To meet current challenges, national policy and innovative technology must be integrated, not operate in silos. The 'policy and technology nexus' refers to aligning governance with innovation – a strategic necessity for achieving sustainable ocean management. Malaysia urgently needs to implement this approach, given the nation's deep connection between the sea and its identity, trade and commerce, and environment. Malaysia has already established comprehensive ocean sustainability policies into its national agenda. Policies such as the National Policy on Biological Diversity and 12th Malaysia Plan provide legal and strategic frameworks for expanding marine protected areas, promoting sustainable fisheries and reducing marine pollution. Yet policy alone is insufficient. A comprehensive National Ocean Policy (NOP) framework is crucial for inclusive and cohesive ocean governance. The NOP is not merely a document; it represents a commitment to preserving our vital resources. It establishes a future in which Malaysia's oceans remain abundant, resilient and sustainable for generations to come. To make these policies effective, real-time data and advanced technologies are essential. Technology will enhance enforcement, ensure transparency and support evidence-based decision-making – all critical for fostering responsible marine practices. Without technological support, even the best-designed policies may fall short. Malaysia's future depends on fortifying the synergy between policy and technology as meaningful progress happens at their intersection. In addition, ensuring the resilience of our seas necessitates inter-agency collaboration, investment in research and development as well as public and private partnerships. Integrating these elements can position Malaysia as a regional leader in sustainable ocean governance. Ultimately, we cannot sustain what we do not strive to protect and we cannot protect what we do not invest in. Policies provide a framework for action while technology offers the tools to execute it. The convergence of both will form the foundation for a truly sustainable ocean future. Dr Izyan Munirah Mohd Zaideen is a senior lecturer at the Faculty of Maritime Studies, Universiti Malaysia Terengganu. Comments: letters@
The Sun
12-06-2025
- Business
- The Sun
Policy, technology nexus for sustainable ocean
AS a coastal nation, Malaysia relies significantly on its marine ecosystems to support millions of livelihoods, ensure food security and drive economic growth. The maritime zones that stretch from the Straits of Malacca to the South China Sea are biodiversity hot spots and economic engines, generating billions annually through fisheries, shipping, marine tourism and oil and gas. However, pressing issues like as overfishing, marine pollution, degradation of habitat and climate change are posing a major strain on these ecosystems. Addressing these intricate, interrelated issues requires not only effective legislation but also constructive coordination and innovation. This year's World Ocean Day themed 'Wonder: Sustaining What Sustains Us', resonates profoundly for Malaysia in its efforts to preserve the ocean. To meet current challenges, national policy and innovative technology must be integrated, not operate in silos. The 'policy and technology nexus' refers to aligning governance with innovation – a strategic necessity for achieving sustainable ocean management. Malaysia urgently needs to implement this approach, given the nation's deep connection between the sea and its identity, trade and commerce, and environment. Malaysia has already established comprehensive ocean sustainability policies into its national agenda. Policies such as the National Policy on Biological Diversity and 12th Malaysia Plan provide legal and strategic frameworks for expanding marine protected areas, promoting sustainable fisheries and reducing marine pollution. Yet policy alone is insufficient. A comprehensive National Ocean Policy (NOP) framework is crucial for inclusive and cohesive ocean governance. The NOP is not merely a document; it represents a commitment to preserving our vital resources. It establishes a future in which Malaysia's oceans remain abundant, resilient and sustainable for generations to come. To make these policies effective, real-time data and advanced technologies are essential. Technology will enhance enforcement, ensure transparency and support evidence-based decision-making – all critical for fostering responsible marine practices. Without technological support, even the best-designed policies may fall short. Malaysia's future depends on fortifying the synergy between policy and technology as meaningful progress happens at their intersection. In addition, ensuring the resilience of our seas necessitates inter-agency collaboration, investment in research and development as well as public and private partnerships. Integrating these elements can position Malaysia as a regional leader in sustainable ocean governance. Ultimately, we cannot sustain what we do not strive to protect and we cannot protect what we do not invest in. Policies provide a framework for action while technology offers the tools to execute it. The convergence of both will form the foundation for a truly sustainable ocean future.
