Avita Therapeutics Inc. (NASDAQ:RCEL)

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  • spmeyers: $RCEL watching for phase 3
  • spmeyers: @hjsiegel $RCEL looks like the market agrees with your assessment! nice chart. on my watch list for better entry.
  • hjsiegel: @Dan $RCEL I have been in this stock since I first discovered it about 3 years ago. since then it has had its treatment of burns and other skin defects approved by the FDA and has been listed on NDEK. This is an australian company. After much research I am convinced that its method of treatment is becoming the state of art with regard to burns. In less than a year it has been adopted by over 50 burn centers and hospitals. The method is less invasive, more effective, less recovery time and cheaper than any competitive method. I am satisfied with the fundamentals. I am interested in your take.
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Stock Price $USD 18.81
Change -0.05%
Volume 29,370

Avita Medical is a single product company, the RECELL system, 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. The device is approved for the treatment of adult patients in the U.S. with paediatric clinical trials and expanded indications in soft tissue wounds and vitiligo underway. It is currently in roll-out across the approximately 132 burn centres in the U.S. Despite having product approval in Australia, Europe, Canada, and China, Avita is not actively marketing in those territories. It is expected to gain approval and launch in Japan via distribution partner Cosmotec shortly. In addition to its ASX listing, Avita listed on the Nasdaq in November 2019.

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  • September 23rd, 2021 - 2021 Q4 Earnings
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