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AVITA Medical Secures 10-Year BARDA Agreement Worth Up to $25.5M to Bolster U.S. Burn Emergency Preparedness [Yahoo! Finance]

Avita Medical, Inc. (RCEL) 
Company Research Source: Yahoo! Finance
VALENCIA, Calif., April 08, 2026 (GLOBE NEWSWIRE) -- AVITA Medical ® , Inc. (NASDAQ: RCEL, ASX: AVH), a therapeutic acute wound care company, today announced it has entered into a 10-year agreement with the Biomedical Advanced Research and Development Authority (BARDA), part of the Administration for Strategic Preparedness and Response within the U.S. Department of Health and Human Services. The agreement, awarded under Project BioShield and valued at up to $25.5 million, is intended to strengthen national preparedness for burn mass casualty incidents (BMCI). “Through this agreement, AVITA is supporting national preparedness by helping expand access to RECELL during mass casualty incidents,” said Cary Vance, Interim Chief Executive Officer of AVITA Medical. “We value our ongoing collaboration with BARDA to strengthen the nation's ability to respond when it matters most.” Under the agreement, AVITA Medical will: Maintain an inventory of RECELL products available for immediate de Show less Read more
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