Avita Medical Inc - Company Profile

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Avita Medical Inc (Avita Medical) is a commercial-stage regenerative medical device company. It develops products to meet the unmet medical needs of patients in conditions such as burns and chronic wounds, besides aesthetics and skin defects. The company's proprietary application technology provides treatment harnessing the regenerative properties of the skin of patients. The company’s lead product is RECELL System, a single use (disposable) stand-alone, battery operated device, which is approved for the treatment of acute thermal burns in adult patients; and also for treating vitiligo and full-thickness skin defects in the US. The company has operations in the US, Australia, Japan and the UK, besides the European Union. Avita Medical is headquartered in Valencia, California, the US.

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Headquarters United States of America

Address 28159 Avenue Stanford, Suite 220, Valencia, California, 91355


Telephone 1 661 3679170

No of Employees 207

Industry Medical Equipment

Ticker Symbol & Exchange RCEL (NASD)

Revenue (2023) $50.1M 45.7% (2023 vs 2022)

EPS XYZ

Net Income (2023) XYZ -32.7% (2023 vs 2022)

Market Cap* $241.1M

Net Profit Margin (2023) XYZ 8.9% (2023 vs 2022)

* As of and is in US$
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Avita Medical Inc premium industry data and analytics

30+

Medical Clinical Trials

A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.

8

Medical Pipeline Products

A database of medical devices that are in the process to get approved for sale around the world. Devices that are in development, through to those in the approval process are included.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Avita Medical Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Brands
The RECELL Autologous Cell Harvesting System (RECELL System) Spray-On Skin
Spray Delivery of Single Living Cells for Epidermal Regeneration RECELL
Skin Grafting Techniques
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In January, the company entered into an agreement with Stedical Scientific, Inc. to facilitate the commercialization of PermeaDerm Biosynthetic Wound Matrix in the US.
2023 Contracts/Agreements In November, the company entered into a distribution agreement with PolyMedics Innovations GmbH to strategically expand its global presence to Europe.
2023 Regulatory Approval In June, the company received U.S. Food and Drug Administration approval for the use of its RECELL system to treat vitiligo.
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Competitor Comparison

Key Parameters Avita Medical Inc Johnson & Johnson Smith & Nephew Plc Organogenesis Holdings Inc Vericel Corp
Headquarters United States of America United States of America United Kingdom United States of America United States of America
City Valencia New Brunswick Watford Canton Cambridge
State/Province California New Jersey England Massachusetts Massachusetts
No. of Employees 207 131,900 19,000 1,030 305
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Lou Panaccio Chairman Executive Board 2014 66
James Corbett Director; Chief Executive Officer Executive Board 2022 65
David O’Toole Chief Financial Officer Senior Management 2023 65
Niraj Doshi Senior Vice President - Product Development & Program Management Senior Management - -
Debbie Garner Senior Vice President - Global Marketing & Strategy Senior Management - -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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