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AVITA Medical Announces FDA 510(k) Clearance for Cohealyx, Expanding its Addressable Market [Yahoo! Finance]

Avita Medical, Inc. (RCEL) 
Company Research Source: Yahoo! Finance
AVITA Medical has received FDA 510(k) clearance for Cohealyx, a collagen-based dermal matrix designed to facilitate wound healing and tissue integration in full-thickness wounds. Cohealyx is expected to expand AVITA Medical's addressable market in burns, potentially tripling its market size, and will be launched commercially in the US in the second quarter of 2025. The product has shown promising preclinical results, with plans for a post-market clinical study to assess its performance in real-world settings. Cohealyx will be offered alongside AVITA Medical's RECELL and PermeaDerm products, enhancing the company's comprehensive portfolio for addressing full-thickness wound care. Generated by Yahoo Finance AI Yahoo Finance used generative AI to summarize key information from this article. Some details may be inaccurate. We take that seriously. Reporting mistakes helps us improve these summaries. Was this helpful? Yes No AVITA Medical New collagen-based dermal matrix desi Show less Read more
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