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Stock impact report

Vericel Corporation (VCEL) Secures FDA Approval for Commercial Manufacturing of MACI [Yahoo! Finance]

Vericel Corporation (VCEL) 
Last vericel corporation earnings: 2/25 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.vcel.com/investor-relations
Company Research Source: Yahoo! Finance
Buy According to Hedge Funds . On March 4, Vericel Corporation (NASDAQ:VCEL) announced securing a major win from the FDA. The company announced receiving FDA approval for commercial manufacturing of MACI, which is the company's autologous cultured chondrocytes on a porcine collagen membrane. The production will take place at the company's cutting-edge cell therapy facility in Burlington, Massachusetts. Management noted that the approval allows Vericel to ramp up production starting in Q2 2026, addressing the growing demand for the restorative cartilage repair product used in knee surgeries for injuries or osteoarthritis. CEO Nick Colangelo described the milestone as a testament to Vericel's operational and scientific advancement in complex cell therapies. He noted that by bringing the Burlington site online, the company will enhance its supply chain resilience, ensuring high-quality delivery to patients while aiming for international commercialization of MACI. Vericel Corporatio Show less Read more
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