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Stock impact report

AVITA Medical Reports Third Quarter 2021 Financial Results

Avita Medical, Inc. (RCEL) 
Company Research Source: GlobeNewswire
VALENCIA, Calif. and MELBOURNE, Australia, May 13, 2021 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX:AVH) (Company), a regenerative medicine company that is developing and commercializing a technology platform that enables point-of-care autologous skin restoration for multiple unmet needs, today reported financial results for its third quarter of fiscal year 2021, ended March 31, 2021. Third Quarter Highlights Reported RECELL® revenue of $8.8 million in the third quarter of 2021, a 126% increase over the same quarter in the prior year.Commercial metrics: Procedural volumes were 492 in the third quarter of 2021, compared with 408 in the same period last year, and 487 in the prior quarter ended December 31, 2020;Added 6 new burn center accounts in the third quarter 2021 for a total of 99 accounts, or a penetration rate of 73% of the 136 total U.S. burn centers;Of the approximate 300 total U.S. burn surgeons: 244 U.S. burn surgeons have been trained and certified with R Show less Read more
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