Polynovo Ltd
Company Profile
Business description
Polynovo earns most of its revenue from US sales of its NovoSorb Biodegradable Temporizing Matrix, or NovoSorb BTM. The product is a patented biodegradable synthetic scaffold to support the regeneration of the dermis when lost through surgery, trauma, burns, or other causes of tissue loss. Once the product is applied to a wound, it takes a few weeks for the dermal layer to fully integrate within the polymer scaffold before a clinician can delaminate the outer layer. A small wound would then close either naturally or with a dressing, while a larger wound would close through a split-skin graft or alternative product such as Avita’s RECELL. NovoSorb BTM then slowly degrades to harmless byproducts which are fully absorbed in roughly 18 months.
Contact
320 Lorimer Street
Unit 2
Port Melbourne VIC 3207
AUST: +61 386814050
Sector
Healthcare
Stock type
Defensive
Industry
Medical Devices
Fiscal Year End
30 June 2025
Employees
8
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Markets
Index
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Last price
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Change
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% Change
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---|---|---|---|
All Ordinaries | 8,262.40 | 56.30 | 0.69% |
CAC 40 | 7,724.32 | 97.19 | 1.27% |
DAX 40 | 18,748.18 | 213.62 | 1.15% |
Dow JONES (US) | 40,000.90 | 247.15 | 0.62% |
FTSE 100 | 8,252.91 | 29.57 | 0.36% |
HKSE | 18,013.99 | 279.39 | -1.53% |
NASDAQ | 18,398.45 | 115.04 | 0.63% |
Nikkei 225 | 41,190.68 | 1,033.34 | -2.45% |
NZX 50 Index | 12,123.14 | 11.83 | -0.10% |
S&P 500 | 5,615.35 | 30.81 | 0.55% |
S&P/ASX 200 | 8,017.60 | 58.30 | 0.73% |
SSE Composite Index | 2,975.22 | 3.93 | 0.13% |
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