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The AVITA share price went around 3% today after the healthcare business gave its quarterly update.
For the three months to 31 March 2021, the business saw reported RECELL revenue of $8.8 million, a 126% increase over the same quarter last year.
Procedural volumes in the third quarter of 2021 was 492, up from 408 in the same period last year and 487 in the quarter ended 31 December 2020.
AVITA added six new burn centre accounts in the third quarter of 2021, for a total of 99 accounts. This brings its penetration rate to 73% of the 136 US burn centres.
Of the approximately 300 total US burn surgeons, 244 (81%) have been trained and certified with RECELL and 147 (almost 50%) used RECELL in the third quarter.
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(Reuters) - Australia’s Treasury Wine Estates Ltd said on Wednesday it will license A$100 million ($77 million) worth of its U.S. brands to The Wine Group as part of an ongoing overhaul of its American operations.
FILE PHOTO: Bottles of Penfolds Grange, a Treasury Wine Estates brand, on sale at a wine shop in Sydney, Australia, August 4, 2014. REUTERS/David Gray
Treasury, the world’s largest listed winemaker, has been looking to shrink its low-end “commercial” U.S. portfolio after competitive pressure dragged on growth even before Chinese import tariffs and a pandemic-driven downturn in demand last year.