Celularity Welcomes CMS Action on Medicare Local Coverage Determination for Skin Substitutes Products
Celularity Inc. - Class A (CELU)
Company Research
Source: GlobeNewswire
FLORHAM PARK, N.J., April 14, 2025 (GLOBE NEWSWIRE) -- Celularity Inc. (Nasdaq: CELU) (“Celularity” or the “Company”), a regenerative and cellular medicine company, welcomes action by the Centers for Medicare & Medicaid Services, or CMS, to revise to January 1, 2026, the effective date of the Medicare Local Coverage Determination, or LCD, titled “Skin Substitute Grafts/Cellular and Tissue-Based Products for the Treatment of Diabetic Foot Ulcers and Venous Leg Ulcers” first published in November 2024. An LCD is a determination by a Medicare Administrative Contractor, or MAC, whether to cover a particular service on a MAC-wide, basis. A MAC processes Medicare Part A and Part B claims for a defined geographic area, or jurisdiction, and develops LCDs within its particular jurisdiction. The action by CMS follows a January 2025 executive order by President Trump freezing all regulatory guidance not yet in effect, which included the Biden-era LCD that is the subject of this action by CMS
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CELU
News
- Celularity and DefEYE, Inc. Partner to Advance Growth of Regenerative Therapies in Eye CareGlobeNewswire
- Celularity Announces Peer-Reviewed Publication of Phase 2 Clinical Trial Results Demonstrating the Safety and Efficacy of Human Placenta-Derived Cells (PDA-002) for Diabetic Foot Ulcers Complicated by Peripheral Artery DiseaseGlobeNewswire
- Michel Dard of BioCellgraft Wins Business Worldwide Magazines 2025 CEO Award [Yahoo! Finance]Yahoo! Finance
CELU
Sec Filings
- 12/5/25 - Form 8-K
- 11/21/25 - Form 4
- 11/21/25 - Form 4
- CELU's page on the SEC website