{ "docId": "019dd923-622c-750b-8b9a-40e2965928db", "docSlug": "e5bffbaac707", "documentTitle": "TransMedics (TMDX)", "authorId": "58_Scorpion_Capital", "authorName": "Scorpion Capital", "documentKindSlug": "research-note", "documentKindLabel": "Research note", "sourceTypeSlug": "short_seller", "sourceTypeLabel": "Short seller", "presentationDate": "2025-01-10 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 264, "pageCount": 342, "prevPage": 263, "nextPage": 265, "slideType": "expose_contradiction", "function": "expose_contradiction", "density": "dense", "nDataPoints": 0, "notes": "The slide uses a Q&A format to highlight a perceived cover-up by the company regarding device performance.", "elementsJson": [ "paragraph", "quote_block", "footnote" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b9a-40e2965928db/264", "deckHref": "/decks/019dd923-622c-750b-8b9a-40e2965928db", "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-40e2965928db.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-40e2965928db#slide-264", "components": [ { "bbox": null, "kind": "callout", "text": "it's just a fucking lie...it's a lie that we're the only center that's having these problem but that was the communication to us....", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd953-5373-719d-a987-353b0b3564fc", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.86, "x": 0.07, "y": 0.25 }, "kind": "paragraph", "text": "Failed to report liver was necroscopic; TransMedics allegedly lied to the center to cover up a prevalent issue", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "adaccc40-05ec-4df7-9c95-24f46d4bdfd0", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.86, "x": 0.07, "y": 0.29 }, "kind": "quote", "text": "A: “So, then their advice to us was, “Why don’t you wait a couple of hours,” which we did. And the right lobe still didn’t feel much better. So, we declined that liver. Fortunate for TransMedics, [transplant center redacted], our colleagues down the road, decided to use that liver for one of their patients. So, that liver did get transplanted. I don’t know what the outcome was for their patient but it left a bad taste in our mouth because we are trying to do what’s right by our patient and the feedback makes us feel like it’s something that we’re doing wrong in our assessment....the trust was fractured at that point.”", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "03462f8a-e145-484a-8e16-8c98c18c4115", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.86, "x": 0.07, "y": 0.48 }, "kind": "quote", "text": "A: “Magdy was the one who told us about that. So, then we called other colleagues around the nation. We called [redacted]; we called [redacted] - what do you guys think? And they said, ‘Oh, we’ve definitely seen this before. Sometimes it’s a procurement issue; sometimes it’s pressure on the pump. We’ve definitely seen that before.’ So, it’s just a fucking lie. It’s a lie that we’re the only center that’s having these problems but that was the communication to us. We don’t know what’s going on with you guys, but everyone else is fine using our pump. And this situation, we were like, “You know what? We’re not going to put our patient at risk. We’ll eat the cost, fine.” – Chief of transplant surgery at a major transplant center; high-volume TransMedics user", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "73c27d66-bcf3-4485-b15b-a7ea80f9d11a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.86, "x": 0.07, "y": 0.45 }, "kind": "quote", "text": "Q: “Who was saying to you you’re the only center having this issue and lying? Was that Magdy Attia?”", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e93cb839-811a-433a-aba9-fb297d10efbc", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "“So, then their advice to us was, ‘Why don’t you wait a couple of hours,’ which we did. And the right lobe still didn’t feel much better. So, we declined that liver... the trust was fractured at that point.”; “Magdy was the one who told us about that. So, then we called other colleagues around the nation... And they said, ‘Oh, we’ve definitely seen this before. Sometimes it’s a procurement issue; sometimes it’s pressure on the pump.’ So, it’s just a fucking lie. It’s a lie that we’re the only center that’s having these problems but that was the communication to us.” — Chief of transplant surgery at a major transplant center; high-volume TransMedics user", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd953-5373-719d-a987-3b60a832c4cd", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.3, "x": 0.07, "y": 0.95 }, "kind": "source-note", "text": "Source: Scorpion Capital consultation calls with experts", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b07869a8-090e-4626-a51e-5509d3f388ea", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.86, "x": 0.07, "y": 0.08 }, "kind": "title", "text": "The surgeon’s color implies a widespread issue with livers becoming necrotic on the device - a known risk and potentially fatal flaw with normothermic perfusion pumps - and suggests a conspiracy to cover it up", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2b6d3d37-4aaa-46ad-b53e-c9118a5f3e4d", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }