Ropes & Gray represented TransMedics Group, Inc. (Nasdaq: TMDX), a medical technology company that is transforming organ transplant therapy for patients with end-stage lung, heart, and liver failure, in a definitive agreement to invest in PAD Aviation, a premier Germany-based private aviation operator. The transaction was announced on April 29.
The proposed strategic investment is intended to support TransMedics' ongoing efforts to replicate the successful NOP and logistics model by building a dedicated organ transplantation air and ground logistics network in Europe.
The National OCS™ Program is a complete, end-to-end donor organ retrieval and clinical management service to procure and deliver healthy donor organs from anywhere in the U.S. on demand to transplant centers.
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.
The team was led by M&A partner Tara Fisher and M&A counsel David Dowling.Attorneys
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