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  "docSlug": "9b248b07037e",
  "documentTitle": "CareDx, Inc. (CDNA)",
  "authorId": "53_Kerrisdale_Capital",
  "authorName": "Kerrisdale Capital",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-07-01 00:00:00",
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  "notes": "The slide argues that AlloSure is ineffective for TCMR detection, rendering it useless as a screening tool compared to cheaper alternatives.",
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      "text": "If a clinician is faced with elevated serum creatinine or proteinuria, the AlloSure test results are thoroughly irrelevant: they will have to conduct a biopsy if they want to know what's going on.",
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      "kind": "diagram",
      "text": "Decision tree showing flow from Impaired Kidney Function -> AlloSure Test -> Negative/Positive results -> Biopsy",
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      "text": "The inability to detect TCMR also undermines AlloSure's business model. AlloSure is therefore useless as a screening test, particularly in light of the $2,840 cost per test.",
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      "text": "If a clinician is faced with elevated serum creatinine or proteinuria, the AlloSure test results are thoroughly irrelevant: they will have to conduct a biopsy if they want to know what's going on.",
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      "text": "Source: Kerrisdale analysis",
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      "text": "Clinician Decision Tree in the Context of Impaired Kidney Function and AlloSure Testing",
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