Workflow
AVITA Medical(RCEL)
icon
Search documents
CMS New Technology Add-On Payment Expands Access to RECELL® for Patients with Non-Burn Acute Wounds
Globenewswire· 2025-10-01 12:30
Core Insights - AVITA Medical, Inc. has received New Technology Add-on Payment (NTAP) reimbursement approval from CMS for its RECELL system, effective October 1, 2025, for treating acute, non-burn trauma and surgical full-thickness wounds [1][2][8] - The NTAP will provide hospitals with supplemental reimbursement of up to $4,875 per case, in addition to standard CMS payments, and will remain in effect until September 30, 2026 [2][8] - The NTAP designation highlights the clinical value and innovation of RECELL, which reduces the need for donor skin and associated complications compared to traditional skin grafting methods [3][4] Company Overview - AVITA Medical is a leading therapeutic acute wound care company focused on optimizing wound healing and accelerating patient recovery through innovative solutions [5] - The RECELL System, approved by the FDA, utilizes a patient's own skin to create Spray-On Skin Cells, offering a transformative approach to wound treatment [5] - In addition to RECELL, AVITA Medical holds rights to manufacture and distribute PermeaDerm and Cohealyx™, enhancing its product portfolio in the wound care market [5] Clinical Evidence - A multicenter, randomized-controlled trial published in the Journal of Trauma and Acute Care Surgery (2024) demonstrated that RECELL, when used with a widely meshed autograft, achieved comparable wound closure to standard skin grafting while requiring 27% less donor skin [4] - The study indicated that healing and safety outcomes were similar between RECELL and traditional methods, suggesting that RECELL can mitigate donor site complications without compromising results [4]
Securities Fraud Investigation Into AVITA Medical, Inc. (RCEL) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Globenewswire· 2025-09-30 00:45
Core Viewpoint - The Law Offices of Frank R. Cruz is investigating AVITA Medical, Inc. for potential violations of federal securities laws following significant financial issues related to unpaid claims for its Recell procedures [1][2]. Financial Performance - On August 7, 2025, AVITA Medical reported its second quarter 2025 financial results, indicating a six-month backlog in unpaid provider claims for Recell procedures, which negatively impacted first-half demand [2]. - The backlog was attributed to contractors from the Centers for Medicare & Medicaid Services failing to assign adequate pricing and timely adjudication of claims, leading to uncertainty among providers and reduced utilization of Recell [2]. Stock Market Reaction - Following the announcement of the financial issues, AVITA's stock price dropped by $1.13, or 21%, closing at $4.25 per share on August 8, 2025, resulting in losses for investors [2].
AVITA INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. is Investigating AVITA Medical, Inc. on Behalf of Avita Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-25 21:24
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Avita Medical, Inc. for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation focuses on whether Avita has engaged in practices that may have harmed investors, particularly in light of recent financial disclosures [2]. Financial Performance - On August 7, 2025, Avita reported a significant backlog in unpaid provider claims for its Recell procedures, which negatively impacted demand in the first half of the year [6]. - The backlog was attributed to contractors from the Centers for Medicare & Medicaid Services failing to assign adequate pricing and timely adjudication of claims, leading to uncertainty among providers [6]. - Following this announcement, Avita's stock price fell by $1.13, or approximately 21%, from $5.38 to $4.25 per share [6].
AVITA Medical: Reimbursement Reset And Breakeven Path By 2026 (NASDAQ:RCEL)
Seeking Alpha· 2025-09-18 11:30
Company Overview - AVITA Medical, Inc. (NASDAQ: RCEL) specializes in full-thickness wound reconstruction with a comprehensive product portfolio [1] - The company offers RECELL and RECELL GO for point-of-care autologous "Spray-On Skin" applications [1] - Additional products include Cohealyx for graft-ready dermis and PermeaDerm as a protective biosynthetic cover, developed in partnership [1] Leadership and Expertise - Myriam Hernandez Alvarez holds multiple degrees in Electronics and Telecommunication Engineering, Computer Science, Business Management, and Computer Applications, showcasing a strong academic background [1]
AVITA Medical: Reimbursement Reset And Breakeven Path By 2026
Seeking Alpha· 2025-09-18 11:30
Company Overview - AVITA Medical, Inc. (NASDAQ: RCEL) specializes in full-thickness wound reconstruction with a comprehensive product portfolio [1] - The company offers RECELL and RECELL GO for point-of-care autologous "Spray-On Skin" applications [1] - Additional products include Cohealyx for graft-ready dermis and PermeaDerm as a protective biosynthetic cover, developed in partnership [1]
Morning Market Movers: FGI, AIHS, CNFR, WBTN See Big Swings
RTTNews· 2025-09-16 11:36
Core Viewpoint - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - FGI Industries Ltd. (FGI) is up 278% at $15.02 [3] - Senmiao Technology Limited (AIHS) is up 96% at $4.22 [3] - Conifer Holdings, Inc. (CNFR) is up 86% at $2.11 [3] - WEBTOON Entertainment Inc. (WBTN) is up 39% at $20.81 [3] - Nukkleus Inc. (NUKK) is up 18% at $6.08 [3] - Tantech Holdings Ltd (TANH) is up 12% at $2.13 [3] - Check-Cap Ltd. (CHEK) is up 9% at $2.33 [3] - Ivanhoe Electric Inc. (IE) is up 8% at $9.71 [3] - Wolfspeed, Inc. (WOLF) is up 8% at $3.21 [3] - Bolt Projects Holdings, Inc. (BSLK) is up 5% at $3.95 [3] Premarket Losers - Envirotech Vehicles, Inc. (EVTV) is down 17% at $2.27 [4] - Dave & Buster's Entertainment, Inc. (PLAY) is down 15% at $20.40 [4] - NanoVibronix, Inc. (NAOV) is down 12% at $9.37 [4] - ADTRAN Holdings, Inc. (ADTN) is down 10% at $9.37 [4] - Rain Enhancement Technologies Holdco, Inc. (RAIN) is down 10% at $6.00 [4] - CNS Pharmaceuticals, Inc. (CNSP) is down 7% at $8.50 [4] - AVITA Medical, Inc. (RCEL) is down 7% at $6.22 [4] - Vince Holding Corp. (VNCE) is down 7% at $2.60 [4] - Monte Rosa Therapeutics, Inc. (GLUE) is down 6% at $6.50 [4] - Meiwu Technology Company Limited (WNW) is down 6% at $2.06 [4]
AVITA ALERT: Bragar Eagel & Squire, P.C. is Investigating AVITA Medical, Inc. on Behalf of Avita Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-15 21:45
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against AVITA Medical, Inc. for possible violations of federal securities laws and unlawful business practices, particularly related to a significant backlog of unpaid claims affecting the company's financial performance [1][3]. Financial Performance - On August 7, 2025, Avita reported a six-month backlog in unpaid provider claims for its Recell procedures, which negatively impacted demand in the first half of the year [3]. - The backlog was attributed to contractors from the Centers for Medicare & Medicaid Services failing to assign adequate pricing and timely adjudication of claims, leading to uncertainty among providers [3]. - Following the announcement, Avita's stock price fell by $1.13, or approximately 21%, from $5.38 to $4.25 per share [3]. Legal Investigation - The law firm is encouraging investors who suffered losses in Avita to contact them to discuss their legal rights and options [1][4]. - The investigation aims to determine if Avita's actions constituted violations of securities laws, which could have implications for investors [1]. Company Background - AVITA Medical, Inc. is involved in the wound care sector, specifically with its product Recell, which has faced operational challenges due to the backlog of claims [3]. - Bragar Eagel & Squire, P.C. is a recognized law firm that represents investors in complex litigation across various jurisdictions [5].
皮肤修复设备开发商Avita Medical(RCEL.US)RECELL GO系统获欧盟CE认证 盘前应声上涨
Zhi Tong Cai Jing· 2025-09-15 10:50
Core Viewpoint - Avita Medical's RECELL GO system has received CE certification under EU MDR, which is expected to enhance its market presence in Europe and improve treatment options for burn and skin defect patients [1] Group 1: Product Development - The RECELL GO system is an advanced device for harvesting autologous cells to treat burns and skin defects [1] - Compared to traditional skin grafting, RECELL offers several advantages, including improved healing, reduced donor skin usage, less pain, faster wound closure, better aesthetic outcomes, fewer required surgeries, and shorter hospital stays for certain burns [1] Group 2: Operational Efficiency - RECELL GO simplifies the preparation of skin cell spraying, reduces training requirements, enhances operating room efficiency, and ensures optimal cell yield and viability [1] Group 3: Management Commentary - Avita Medical's CEO, Jim Corbett, emphasized that the CE certification is a significant milestone for both the company and patients, enabling the introduction of this option to burn centers and clinicians in Europe to support the treatment of acute trauma patients [1]
AVITA Medical Receives CE Mark for RECELL® GO, Enabling Commercialization Across Europe
Globenewswire· 2025-09-14 23:00
Core Insights - AVITA Medical has received the CE Mark for its RECELL GO device, allowing commercialization in Europe and other CE Mark-recognizing markets [1][2] - The RECELL GO device enables healthcare professionals to prepare a suspension of a patient's own skin cells to promote healing in burns and traumatic or surgical wounds [2] - Clinical data presented at the 2025 European Burns Association Congress showed a 36% reduction in hospital stays for adults with deep partial-thickness burns treated with RECELL compared to traditional grafting [3] Company Overview - AVITA Medical is a leading therapeutic acute wound care company focused on optimizing wound healing and accelerating patient recovery [5] - The RECELL System, which includes RECELL GO, is approved by the U.S. FDA for treating thermal burn and trauma wounds, utilizing a patient's own skin to create Spray-On Skin™ Cells [5][6] - In addition to RECELL, AVITA Medical holds exclusive rights to manufacture and distribute PermeaDerm and Cohealyx™, enhancing its product portfolio in wound care [5]
RCEL Investors Have Opportunity to Join AVITA Medical, Inc. Fraud Investigation with the Schall Law Firm
Businesswire· 2025-09-11 19:31
Core Viewpoint - The Schall Law Firm is investigating AVITA Medical, Inc. for potential violations of securities laws, focusing on misleading statements and undisclosed information that may have affected investors [1][2]. Company Summary - AVITA Medical, Inc. (NASDAQ: RCEL) reported a significant backlog in unpaid provider claims for RECELL procedures, which impacted demand in the first half of 2025 [2]. - The backlog was attributed to failures by contractors from the Centers for Medicare & Medicaid Services, leading to uncertainty among providers regarding payment expectations and timelines [2]. Legal Context - The investigation by the Schall Law Firm aims to determine if AVITA Medical misled investors regarding its financial health and operational challenges [1][2]. - Shareholders who have suffered losses are encouraged to participate in the investigation [2].