AVITA Medical Inc

RCEL

Company Profile

  • Business 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 US with paediatric clinical trials and expanded indications in soft-tissue reconstruction and vitiligo underway. It is currently in roll-out across the approximately 136 US 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 US 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 US.

  • Contact

    28159 Avenue Stanford
    Suite 220, Valencia
    Los AngelesCA91355
    USA

    T: +1 833 462-8482

    https://www.avitamedical.com

  • Sector

    Healthcare

    Stock type

    Defensive

  • Industry

    Medical Devices

    Fiscal Year End

    31 December 2024

    Employees

    207

AVITA Medical Inc News & Analysis

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Controversial EV names join major US index

Investor enthusiasm for the electric vehicle sector has propelled a slew of names to America’s corporate heights.
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Is Avita on the way to restoring its share price?

Morningstar is looking past the reported net loss to increased use of the company’s flagship spray-on skin therapy.
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Avita’s share price burns will heal, says Morningstar

The corona sell-off hurt the spray-on-skin maker but it’s got an eye on the bigger picture, says Nicolette Quinn

Morningstar Investment Ideas

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