USX:RCEL - AVITA Medical Inc Avita Medical Ltd
Sector: Health Care, Industry: Health Care Equipment
Next Earnings: 9 May 2024
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USD 16.5    +0.51 (+3.19%)

27 Mar 2024


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General

CEO: Mr. James M. Corbett

IPO: 2019-10-01

Headquarters: US

Employees: 126

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Description

Avita is a single product company. Its RECELL system is an innovative burn treatment device which creates Spray-on Skin from a small skin sample within 30 minutes, thus avoiding or reducing the need for skin grafts. It's approved for the treatment of adult patients in the U.S. with paediatric clinical trials and expanded indications in soft-tissue reconstruction and vitiligo underway. It is currently in roll-out across the approximately 136 U.S. burn centers. Despite having product approval in Australia, Europe, Canada, and China, Avita is not actively marketing in those territories and focussing instead on the U.S. region. However, it is expected to launch in Japan via distribution partner Cosmotec in second-half fiscal 2022. Avita is domiciled, and has its primary listing, in the U.S.

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