AVITA Medical® to Host Investor Webinar Briefing

Rhea-AI Summary

AVITA Medical, Inc. (NASDAQ: RCEL) invites investors to its webinar on November 23, 2022, at 4:00 PM PST, showcasing its successful September quarter with a 30% rise in commercial revenue year-over-year. The session, led by CEO Jim Corbett and CFO Michael Holder, will discuss key developments, future goals, and include a Q&A. AVITA specializes in regenerative medicine through the RECELL® System, enhancing skin restoration for burns and other conditions. Participants can register via the provided Zoom link, with a replay available on their website post-event.

VALENCIA, Calif. and MELBOURNE, Australia, Nov. 16, 2022 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a regenerative medicine company leading the development and commercialization of first-in-class devices and autologous cellular therapies for skin restoration, invites shareholders and prospective investors to attend its investor webinar briefing and presentation by Jim Corbett, CEO, and Michael Holder, CFO, on November 23, 2022 at 4:00pm (PST) / November 24, 2022 at 11:00am (AEDT).

The webinar will cover highlights from AVITA Medical’s successful September 2022 quarter with commercial revenue up 30% compared to the corresponding period in the prior year, updates to its developmental pipeline, company goals for the next 24 to 36 months, and conclude with Q&A.

To register for the presentation, please follow this Zoom link: https://us02web.zoom.us/webinar/register/5016686405270/WN_JRqy-JXkQP2gCaxxhnpATQ

Participants are invited to submit questions via the registration page or during the webinar via the chat function. A replay will be available on the AVITA Medical website, ir.avitamedical.com, following the presentation.

ABOUT AVITA MEDICAL, INC.
AVITA Medical is a regenerative medicine company leading the development and commercialization of devices and autologous cellular therapies for skin restoration. The RECELL^® System technology platform, approved by the FDA for the treatment of acute thermal burns in both adults and children, harnesses the regenerative properties of a patient’s own skin to create Spray-On Skin™ cells. Delivered at the point-of-care, RECELL enables improved clinical outcomes and validated cost savings. RECELL is the catalyst of a new treatment paradigm and AVITA Medical is leveraging its proven and differentiated capabilities to develop first-in-class cellular therapies for multiple indications, including soft tissue repair and repigmentation of stable vitiligo lesions. 

AVITA Medical’s first U.S. product, the RECELL System, was approved by the U.S. Food and Drug Administration (FDA) in September 2018. The RECELL System is approved for acute partial-thickness thermal burn wounds in patients 18 years of age and older or application in combination with meshed autografting for acute full-thickness thermal burn wounds in pediatric and adult patients. In February 2022, the FDA reviewed and approved the PMA supplement for RECELL Autologous Cell Harvesting Device, an enhanced RECELL System aimed at providing clinicians a more efficient user experience and simplified workflow. 

The RECELL System is used to prepare Spray-On Skin™ Cells using a small amount of a patient’s own skin, providing a new way to treat severe burns, while significantly reducing the amount of donor skin required. The RECELL System is designed to be used at the point of care alone or in combination with autografts depending on the depth of the burn injury. Compelling data from randomized, controlled clinical trials conducted at major U.S. burn centers and real-world use in more than 15,000 patients globally, reinforce that the RECELL System is a significant advancement over the current standard of care for burn patients and offers benefits in clinical outcomes and cost savings. Healthcare professionals should read the INSTRUCTIONS FOR USE - RECELL Autologous Cell Harvesting Device (https://recellsystem.com) for a full description of indications for use and important safety information including contraindications, warnings, and precautions. 

In international markets, our products are approved under the RECELL System brand to promote skin healing in a wide range of applications including burns, soft tissue repair, vitiligo, and aesthetics. The RECELL System is TGA-registered in Australia, received CE-mark approval in Europe and has PMDA approval in Japan.

To learn more, visit www.avitamedical.com. 

FOR FURTHER INFORMATION:

Investors & Media AVITA Medical, Inc. Jessica Ekeberg Phone +1-661-904-9269 investor@avitamedical.com media@avitamedical.com

FAQ

What significant financial milestone did AVITA Medical report in September 2022?

AVITA Medical reported a 30% increase in commercial revenue compared to the same quarter in the previous year.

When is AVITA Medical's investor webinar scheduled?

The investor webinar is scheduled for November 23, 2022, at 4:00 PM PST.

Who will present during the AVITA Medical webinar?

The webinar will be presented by CEO Jim Corbett and CFO Michael Holder.

What is the RECELL System used for?

The RECELL System is used for skin restoration, particularly in treating acute thermal burns.

Where can I access the replay of AVITA Medical's webinar?

The replay will be available on the AVITA Medical website after the presentation.