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Investor Webinar Briefing

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AVITA Medical (NASDAQ: RCEL) announces an investor webinar on September 20, 2022, led by CEO Dr. Mike Perry and CFO Michael Holder. The session will present highlights from the June 2022 quarter, showcasing a 39% increase in commercial revenue year-over-year, alongside updates on its developmental pipeline. The webinar will conclude with a Q&A session. AVITA's RECELL System, FDA-approved for the treatment of burns, demonstrates significant clinical benefits and cost savings, positioning the company as a leader in regenerative medicine.

Positive
  • 39% increase in commercial revenue compared to the previous year.
  • Webinar to provide updates on developmental pipeline and company goals.
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  • None.

VALENCIA, Calif. and MELBOURNE, Australia, Sept. 13, 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 and presentation by Dr. Mike Perry, CEO, and Michael Holder, CFO, on September 20, 2022 at 3:30pm (PDT) / September 21, 2022 at 8:30am (AEST).

The webinar will cover highlights from AVITA Medical’s successful June 2022 quarter with commercial revenue up 39% over the corresponding period in the prior year, updates on its developmental pipeline, the company’s continuing goals for 2022, and conclude with Q&A.

To register for the presentation, please follow this Zoom link: https://us02web.zoom.us/webinar/register/WN_ZTCqHqzbQrqxhDQwyjHXKQ

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, www.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 acute traumatic wounds 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, acute traumatic wounds, 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
media@avitamedical.com
investor@avitamedical.com


FAQ

What is the date of AVITA Medical's investor webinar?

The investor webinar is scheduled for September 20, 2022.

What revenue growth did AVITA Medical report?

AVITA Medical reported a 39% increase in commercial revenue for the June 2022 quarter.

Who will lead the webinar presentation for AVITA Medical?

The webinar will be led by CEO Dr. Mike Perry and CFO Michael Holder.

What is the significance of the RECELL System?

The RECELL System is FDA-approved for treating burns and shows improved clinical outcomes and cost savings.

How can I register for AVITA Medical's webinar?

You can register for the webinar through the provided Zoom link in the press release.

Avita Medical, Inc.

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