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Axogen Inc - AXGN STOCK NEWS

Welcome to our dedicated page for Axogen news (Ticker: AXGN), a resource for investors and traders seeking the latest updates and insights on Axogen stock.

Axogen, Inc. (NASDAQ: AXGN) is a leading medical products company specializing in the science, development, and commercialization of technologies for peripheral nerve repair and regeneration. The company's core mission is to restore peripheral nerve function and improve the quality of life for patients suffering from traumatic injuries or surgical procedures that impact nerve function and sensation.

Axogen's innovative product portfolio includes:

  • Avance® Nerve Graft: The first and only commercially available allograft for bridging nerve discontinuities.
  • Axoguard® Nerve Connector: A coaptation aid designed for the close approximation of severed nerves.
  • Axoguard® Nerve Protector: A product that shields nerves during the healing process.
  • Axoguard® Nerve Cap: A surgical implant to isolate and protect a peripheral nerve end, minimizing painful neuroma development.
  • Axoguard HA+ Nerve Protector: A next-gen nerve protection device designed to provide both short- and long-term protection for peripheral nerve injuries.
  • Avive® Soft Tissue Membrane: A biologically active product aiding in nerve healing.
  • Axotouch® Two-Point Discriminator: An assessment tool for measuring the innervation density of skin surface areas.

Axogen's products are available in the United States, Canada, Germany, the United Kingdom, Spain, South Korea, and several other countries. The company continues to expand its global presence and partnerships, ensuring that healthcare providers and surgeons have access to clinically and economically effective nerve repair solutions.

Recent achievements include the launch of the Axoguard HA+ Nerve Protector, which provides enhanced nerve gliding and protection for a wide range of peripheral nerve injuries. The company reported strong performance in Q4 2023, with an expected annual revenue growth of 11% to 14% and anticipated gross margins between 76% and 79%.

For more information, visit www.axogeninc.com.

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Axogen, Inc. (NASDAQ: AXGN) announced that CEO Karen Zaderej will present at the Canaccord Genuity Virtual MedTech, Diagnostics and Digital Health & Services Forum on November 18, 2021, at 10:00 a.m. ET. The presentation will be available via live webcast on Axogen's Investors page, with a recorded replay accessible for 90 days post-event. Axogen specializes in innovative surgical solutions for peripheral nerve injuries, offering products like Avance® Nerve Graft and Axoguard® devices that aid in nerve repair and regeneration.

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Axogen, Inc. (NASDAQ: AXGN) announced that CEO Karen Zaderej will present at the Jefferies London Healthcare Conference on November 17, 2021, at 4:25 p.m. (11:25 a.m. ET). The presentation will be streamed live on the company's Investors page, with a replay available for 90 days. Axogen specializes in innovative surgical solutions for peripheral nerve injuries, aiming to restore nerve function and quality of life for patients. Their product portfolio includes Avance® Nerve Graft and Axoguard series, designed to effectively repair peripheral nerves.

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Axogen, Inc. (NASDAQ: AXGN) reported Q3 2021 net revenue of $31.2 million, a 7% decline from $33.4 million in Q3 2020. The net loss increased to $7.1 million, or $0.17 per share, compared to a net loss of $1.5 million, or $0.04 per share, in the prior year. Despite lower procedure volumes due to COVID-19 challenges, gross margin improved to 83.2%. The company revised its 2021 revenue guidance to between $127 million and $129 million, down from the previous estimate of $134.5 million to $137.5 million.

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Axogen (NASDAQ: AXGN) will report its third quarter 2021 financial results on November 3, 2021, after market close. Following this, management will host a conference call at 4:30 p.m. ET to discuss the results. Interested investors can participate via phone or listen to the webcast on the company's website. Axogen specializes in surgical solutions for peripheral nerve damage, offering products like Avance® Nerve Graft and Axoguard Nerve Protector® to aid in nerve repair and regeneration, thus improving patients' quality of life.

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Axogen, a leader in surgical solutions for peripheral nerve damage, will participate in the 76th Annual Meeting of the American Society for Surgery of the Hand (ASSH) from September 30-October 2, 2021 in San Francisco. The company will host a symposium on October 1, featuring an expert panel discussing the impact of Axogen technologies on nerve repair practices. Attendees can engage with Axogen scientists and explore innovative surgical techniques at Booth #950. Axogen will also support educational initiatives and offer travel scholarships for attendees.

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Axogen announced the completion of subject follow-up for its pivotal RECON Clinical Study, supporting the Biologics License Application (BLA) for Avance® Nerve Graft. The study met its enrollment target of 220 subjects in July 2020 and is on track for a top-line data read-out in Q2 2022, followed by BLA submission in 2023. The RECON study aims to provide Level 1 clinical data, comparing Avance Nerve Graft to manufactured conduits in digital nerve injuries, focusing on recovery of sensation and quality of life outcomes.

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Axogen, Inc. (NASDAQ: AXGN) reported a strong second quarter for 2021, with net revenue of $33.6 million, a 52% increase year-over-year. The company achieved a gross margin of 78.9%, boosted by a recovery in sales despite a $1.4 million one-time charge. While the net loss was $7.9 million ($0.19 per share), this showed improvement compared to the prior year. Additionally, Axogen updated its 2021 revenue guidance to a range of $134.5 million to $137.5 million, enhancing investor confidence in long-term growth.

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Axogen, Inc. (NASDAQ: AXGN), a leader in surgical solutions for peripheral nerves, announced that CEO Karen Zaderej will present at the Canaccord Genuity 41st Annual Growth Conference on August 11, 2021, at 1:00 p.m. ET. The event will be available for live streaming on Axogen’s Investors page, with a replay accessible for 90 days. Axogen specializes in technologies for nerve regeneration and repair, offering products like Avance® Nerve Graft and Axoguard Nerve Connector® to restore peripheral nerve function, crucial after injuries or surgeries affecting the nervous system.

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Axogen, Inc. (NASDAQ: AXGN) has appointed John H. Johnson to its Board of Directors as of July 19, 2021. Johnson brings over 30 years of biopharma experience from senior roles at major companies including Johnson & Johnson and Eli Lilly. He will contribute to both the Governance, Nominating and Sustainability Committee and the Science and Technology Committee. CEO Karen Zaderej highlights Johnson's expertise in pipeline strategy and commercial execution as a significant asset for the company’s ongoing commitment to innovation in peripheral nerve repair.

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Axogen, Inc. (NASDAQ: AXGN) announced it will report Q2 2021 financial results on August 4, 2021, after market close. Management will host a conference call at 4:30 p.m. ET. Interested investors can participate via phone or listen online through Axogen's website. The company specializes in surgical solutions for peripheral nerve repair, offering products like Avance Nerve Graft and Axoguard Nerve Connector. Axogen aims to improve patient outcomes following peripheral nerve injuries.

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FAQ

What is the current stock price of Axogen (AXGN)?

The current stock price of Axogen (AXGN) is $18 as of February 21, 2025.

What is the market cap of Axogen (AXGN)?

The market cap of Axogen (AXGN) is approximately 814.2M.

What is Axogen, Inc. focused on?

Axogen, Inc. specializes in the science, development, and commercialization of technologies for peripheral nerve repair and regeneration.

What are some key products offered by Axogen?

Key products include Avance® Nerve Graft, Axoguard® Nerve Connector, Axoguard® Nerve Protector, Axoguard® Nerve Cap, and Avive® Soft Tissue Membrane.

In which markets are Axogen's products available?

Axogen's products are available in the United States, Canada, Germany, the United Kingdom, Spain, South Korea, and several other countries.

What recent product did Axogen launch?

Axogen recently launched the Axoguard HA+ Nerve Protector, a next-generation nerve protection device designed to enhance nerve gliding and provide long-term protection.

What is the Avance® Nerve Graft?

The Avance® Nerve Graft is a commercially available allograft for bridging nerve discontinuities, providing a biologically active solution for nerve repair.

How did Axogen perform financially in Q4 2023?

Axogen reported strong performance with expected annual revenue growth of 11% to 14% and anticipated gross margins between 76% and 79%.

What does the Axoguard® Nerve Cap do?

The Axoguard® Nerve Cap is a surgical implant that isolates and protects a peripheral nerve end, helping reduce the development of painful neuromas.

What is the function of the Axotouch® Two-Point Discriminator?

The Axotouch® Two-Point Discriminator is used to measure the innervation density of any surface area of the skin.

Who is the current CEO of Axogen?

The current CEO, Chairman, and President of Axogen, Inc. is Karen Zaderej.

Where can I find more information about Axogen?

For more information, visit Axogen's official website at www.axogeninc.com.
Axogen Inc

Nasdaq:AXGN

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814.15M
41.32M
6.09%
84.63%
2.83%
Medical Devices
Electromedical & Electrotherapeutic Apparatus
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