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Vericel Provides Business Updates at 2017 Cell & Gene Meeting on the Mesa

AASTROM BIOSCIENCES (VCEL)  More Company Research Source: GlobeNewswire
Last aastrom biosciences earnings: 5/8 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.vcel.com/investor-relations
PDF CAMBRIDGE, Mass., Oct. 05, 2017 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leading developer of expanded autologous cell therapies for the treatment of patients with serious diseases and conditions, today provided a general business update during a previously announced webcast presentation at the 2017 Cell & Gene Meeting on the Mesa.  As part of the update the Company announced that, effective October 1, 2017, UnitedHealthcare updated its medical policy for autologous chondrocyte implantation in the knee to include MACI® (autologous cultured chondrocytes on porcine collagen membrane).  At this time, the number of covered lives for commercial plans providing access to MACI is approximately equivalent to the number of covered lives for commercial plans that previously covered Carticel® (autologous cultured chondrocytes), the Company’s first generation autologous chondrocyte implant product.  Based on the expanded medical policy coverage for MACI and the continued moment [Read more]

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