AVH 5.92% $2.70 avita medical inc.

AVITA Medical has achieved a major milestone in its mission to...

  1. 37 Posts.
    lightbulb Created with Sketch. 33
    AVITA Medical has achieved a major milestone in its mission to develop and commercialize devices and autologous cellular therapies for skin restoration. The company recently announced that its RECELL System has received premarket approval from the U.S. Food and Drug Administration for the treatment of vitiligo, a condition characterized by loss of pigment in the skin.

    The RECELL System is the first FDA-approved device that enables a one-time treatment for repigmentation of stable depigmented vitiligo lesions at the point-of-care. By preparing and delivering healthy skin cells to depigmented areas, AVITA Medical is offering a safe and effective treatment option for patients with stable vitiligo.

    This is a breakthrough moment for the company and represents a significant expansion of the clinical applications for the RECELL System. The approval was based on the results of a pivotal trial, which demonstrated the safety and effectiveness of the device for repigmentation of stable vitiligo lesions. The success of this trial represents a major step forward in the care of patients with vitiligo, and we look forward to seeing the impact this innovative treatment has on the lives of these patients

    . As a shareholder in AVITA Medical, I believe this positive development opens up new avenues for growth and underscores the company’s continued commitment to patient care.

    GLTAH

    This summary was generated by StockSpike AI
 
watchlist Created with Sketch. Add AVH (ASX) to my watchlist
(20min delay)
Last
$2.70
Change
-0.170(5.92%)
Mkt cap ! $167.8M
Open High Low Value Volume
$2.79 $2.79 $2.70 $1.087M 396.2K

Buyers (Bids)

No. Vol. Price($)
4 3920 $2.70
 

Sellers (Offers)

Price($) Vol. No.
$2.72 1016 1
View Market Depth
Last trade - 16.10pm 04/06/2024 (20 minute delay) ?
Last
$2.71
  Change
-0.170 ( 5.72 %)
Open High Low Volume
$2.75 $2.78 $2.70 54082
Last updated 15.58pm 04/06/2024 ?
AVH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.