STOCK TITAN

Tela Bio, Inc. - TELA STOCK NEWS

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

Overview

TELA Bio, Inc. (TELA) is a United States-based commercial-stage medical technology company focused on the development and commercialization of innovative soft tissue reconstruction solutions. Anchored in a science-driven approach and supported by a seasoned medical technology team, TELA Bio combines the nimbleness of a start-up with the expertise of an established industry presence to address long-standing unmet needs in surgical reconstruction. By focusing on products that support natural healing and minimize long-term exposure to synthetic materials, the company is redefining the approach to soft tissue repair and surgical outcomes.

Technology and Innovations

The company leverages state-of-the-art technology to create reinforced tissue matrices that improve clinical outcomes in areas such as hernia repair, abdominal wall reconstruction, and plastic and reconstructive surgery. Its core product portfolio, notably the OviTex line, is designed with advanced biomaterials and surgical science to facilitate tissue reinforcement while optimizing cost-effectiveness in healthcare settings. TELA Bio's approach is deeply rooted in the collaboration with leading surgeons, integrating clinical insights into product design and execution.

Product Portfolio and Business Model

TELA Bio has strategically developed a dual-portfolio offering that caters to distinct segments within soft tissue reconstruction. One portfolio focuses on reinforcing tissues in hernia repair and abdominal wall reconstruction, targeting the significant market of general surgery procedures. The second portfolio addresses the needs in plastic and reconstructive surgery (PRS), providing options that align with the requirements of soft tissue repair in aesthetic and functional contexts. The company generates revenue by commercializing these specialized products to hospitals, clinics, and surgical centers, emphasizing clinical efficiency and cost savings. Its business model capitalizes on a combination of direct product sales, strategic partnerships with healthcare providers, and ongoing collaborations with experts to refine clinical practices.

Market Position and Industry Significance

Operating within the competitive MedTech sector, TELA Bio occupies a distinctive position by addressing the clinical complexities associated with soft tissue reconstruction. The company’s solutions are developed with the goal of enhancing patient outcomes while reducing the reliance on permanent synthetic materials. This approach not only aligns with modern surgical practices but also supports economic considerations for healthcare facilities by offering products that are both effective and efficient in terms of cost. TELA Bio’s strategic collaborations and its emphasis on clinically evaluated biomaterials allow it to maintain a competitive edge, even as market dynamics evolve.

Clinical Collaboration and Authoritativeness

One of the defining aspects of TELA Bio’s operation is its commitment to working closely with surgeons and medical professionals. This clinical collaboration ensures that its products are continuously improved based on real-world surgical feedback and emergent needs in soft tissue repair. By integrating expert insights with advanced material science, the company demonstrates a high level of expertise and deep industry knowledge, reinforcing its authoritativeness and trustworthiness in the MedTech arena.

Economic and Operational Considerations

The company emphasizes the economic benefits of its products by aiming to reduce overall healthcare costs without compromising clinical outcomes. Its solutions are designed to optimize the natural healing process, offering an alternative to permanent synthetic implants that can entail long-term expenses. This focus positions TELA Bio as a business that prioritizes not only patient safety and recovery but also financial efficiency for healthcare providers. Moreover, TELA Bio’s operational strategy includes a balanced emphasis on sales, marketing, research and development, and administrative efficiency, ensuring that its innovations are sustainably developed and delivered across diverse healthcare markets.

Summary

In summary, TELA Bio, Inc. stands out in the medical technology field due to its innovative approach to soft tissue reconstruction. By harnessing advanced biomaterials and surgical expertise, the company addresses critical clinical needs through cost-effective, science-based solutions. Its commitment to collaboration with clinical experts and focus on refining product performance builds a strong foundation of expertise, experience, and trust that is essential in today’s competitive MedTech industry.

Rhea-AI Summary
TELA Bio, Inc. (NASDAQ: TELA) approved inducement grants of restricted stock units covering 20,175 shares of its common stock to sixteen newly-hired employees. The restricted stock units will vest in equal annual installments over four years, subject to each individual's continued service with TELA Bio through the applicable vesting dates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.99%
Tags
none
-
Rhea-AI Summary
TELA Bio, Inc. (NASDAQ: TELA) took part in Connecting the Dots, a series of branded films presented by MedTech Europe, including a film produced by BBC StoryWorks Commercial Productions. The series will feature a mini-documentary highlighting the use of OviTex® Reinforced Tissue Matrix in hernia repair, addressing the need for newer alternatives in hernia surgery. Surgeons perform an estimated 20 million hernia repair procedures annually, and the series aims to showcase the role of medical technologies in improving global healthcare.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.68%
Tags
none
-
Rhea-AI Summary
TELA Bio, Inc. (NASDAQ: TELA) to participate in Piper Sandler’s 35th Annual Healthcare Conference. TELA's management will present at the conference on November 30th, 2023, focusing on innovative soft-tissue reconstruction solutions. Interested parties can access the webcast at ir.telabio.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.04%
Tags
conferences
Rhea-AI Summary
TELA Bio, Inc. (NASDAQ: TELA) announced the approval of inducement grants of restricted stock units to thirty-one newly-hired employees as part of their employment compensation. The grants, totaling 40,700 shares, were made to optimize clinical outcomes and prioritize patient anatomy preservation and restoration. The restricted stock units will vest in equal annual installments over four years, subject to continued service with TELA Bio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.6%
Tags
none
-
Rhea-AI Summary
TELA Bio, Inc. (TELA) reports 35% revenue growth in Q3 2023, reaching $15.1 million. OviTex and OviTex PRS products showed significant growth, with updated full year revenue guidance of $57.0 million to $60.0 million. The company remains committed to executing solid, steady growth quarter-after-quarter, positioning well for future success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.37%
Tags
-
Rhea-AI Summary
TELA Bio, Inc. will report third quarter 2023 financial results on November 9, 2023. The company focuses on providing soft-tissue reconstruction solutions. A conference call and webcast will be held to discuss the financial results and provide a corporate update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.65%
Tags
Rhea-AI Summary
TELA Bio, Inc. to present at Gilmartin Group Emerging Growth Company Showcase on September 21st, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.91%
Tags
conferences acquisition
-
Rhea-AI Summary
TELA Bio, Inc. (NASDAQ: TELA) has announced the launch of their OviTex PRS Long-Term Resorbable product, expanding their reconstruction options for surgeons and patients. The product is intended for implantation to reinforce soft tissue where weakness exists in patients requiring soft tissue repair or reinforcement in plastic and reconstructive surgery. With 6,800+ implantations at over 400 healthcare facilities, OviTex PRS is the only biologic reinforced with interwoven polymer sutures designed specifically for plastic and reconstructive surgery. The OviTex PRS portfolio provides multiple resorption, stretch, and shape offerings to meet the unique needs of each patient.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.31%
Tags
Rhea-AI Summary
TELA Bio approves inducement grants of restricted stock units to newly-hired employees
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
Tags
none

FAQ

What is the current stock price of Tela Bio (TELA)?

The current stock price of Tela Bio (TELA) is $1.27 as of April 1, 2025.

What is the market cap of Tela Bio (TELA)?

The market cap of Tela Bio (TELA) is approximately 50.2M.

What is TELA Bio, Inc.'s primary focus?

TELA Bio specializes in developing and commercializing innovative soft-tissue reconstruction solutions, focusing on enhanced clinical outcomes through advanced tissue reinforcement products.

How does TELA Bio address unmet needs in surgery?

The company collaborates with leading surgeons to design products that leverage natural healing processes while minimizing long-term exposure to synthetic materials, thereby addressing gaps in traditional soft tissue repair.

What are the key product areas for TELA Bio?

TELA Bio's products primarily target soft tissue repair requirements in hernia repair, abdominal wall reconstruction, and plastic and reconstructive surgery, through its well-established OviTex portfolio.

How does TELA Bio generate revenue?

The company generates revenue through the commercialization of its innovative surgical products, supplying hospitals, clinics, and surgical centers with economically effective reconstruction solutions.

What differentiates TELA Bio's approach from traditional methods?

TELA Bio integrates clinical insights and advanced biomaterials into its solutions, ensuring that its products support natural tissue healing and provide cost-effective alternatives to permanent synthetic implants.

How does TELA Bio maintain clinical and operational excellence?

By collaborating closely with medical professionals and investing in rigorous product development and operational efficiency, TELA Bio sustains high standards of clinical effectiveness and business performance.
Tela Bio, Inc.

Nasdaq:TELA

TELA Rankings

TELA Stock Data

50.23M
34.22M
8.45%
72.77%
1.19%
Medical Devices
Surgical & Medical Instruments & Apparatus
Link
United States
MALVERN