Paragonix Technologies, Inc.

Paragonix Technologies, Inc. is a medical device company specializing in the development, manufacturing, and service of advanced organ preservation and transport solutions for the transplant industry. Its mission is to establish a new standard in organ transplantation, aiming to improve patient outcomes globally by safeguarding donor organs and providing recipients with every possible advantage. The company's corporate headquarters are located in Waltham, Massachusetts, following a move from Cambridge in October 2023.

Paragonix offers a portfolio of FDA-cleared and CE-marked Advanced Organ Preservation (AOP) devices, including the SherpaPak® Cardiac Transport System, LUNGguard® Donor Lung Preservation System, LIVERguard® Donor Liver Preservation System, BAROguard® Donor Lung Preservation System, PancreasPak™ Organ Preservation System, and KidneyVault® Portable Renal Perfusion System. These devices utilize clinically proven cold preservation techniques combined with digital tracking and monitoring technologies to ensure organ integrity during transit. Beyond hardware, Paragonix provides a digital platform for real-time temperature and GPS tracking, case logistics coordination, and 24/7 clinical support services, including organ procurement services.

As of August 22, 2024, Paragonix Technologies, Inc. was acquired by Getinge, a global medical technology company, for an estimated $477 million, including upfront and earn-out payments. Lisa Anderson, Ph.D., serves as the Co-Founder, President, and CEO of Paragonix. The company has significantly expanded its reach, with its devices used in over 260 transplant centers nationwide, representing more than 80% of U.S. centers, and has supported over 18,000 transplant cases since 2018. Paragonix also maintains the GUARDIAN clinical registries, which constitute the largest database of organ preservation data globally, reinforcing its commitment to clinical research and improved patient outcomes. The company has also launched a nationwide organ transplant logistics network and a courier service in partnership with Nationwide Organ Recovery Transport Alliance (NORA).