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First Ever Pig-Heart Transplant Boosts Shares of Swedish Medtech

Members of the surgical team perform the transplant of a pig heart into patient David Bennett in Baltimore, Maryland, U.S., on Jan. 7.

Members of the surgical team perform the transplant of a pig heart into patient David Bennett in Baltimore, Maryland, U.S., on Jan. 7.

Photographer: Mark Teske/University of Maryland School of Medicine/AP Photos

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Shares in a little known Swedish medtech company jumped as much as 15% on Tuesday following news of its involvement in the world’s first ever pig-to-human heart transplant.

Machinery developed by Xvivo Perfusion AB helped surgeons at the University of Maryland Medical Center successfully transplant a genetically modified pig’s heart into a 57-year-old man last Friday, according to the company.