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Stock impact report

AVITA Medical Reports First Quarter Fiscal 2020 Financial Results and Company Update

Avita Medical, Inc. (RCEL) 
Company Research Source: Business Wire
U.S. RECELL® System product sales of A$4.6M for fiscal first quarter, 60% growth quarter-over-quarterOver half of all U.S. burn centers and surgeons trained on RECELL System VALENCIA, Calif. & MELBOURNE, Australia--(BUSINESS WIRE)--AVITA Medical (ASX: AVH, NASDAQ: RCEL), a regenerative medicine company with a technology platform positioned to address unmet medical needs in therapeutic skin restoration, reported financial results for the fiscal first quarter ended 30 September 2019 today in its Appendix 4C - Quarterly Cash Flow Report filed with the ASX.U.S. Commercial Sales of RECELL® SystemThe RECELL System has been actively promoted for nine months in the United States following approval by the U.S. Food and Drug Administration (FDA) on 20 September 2018, and the full nationwide commercial launch in January 2019. Product sales and other revenues for the first quarter ended 30 September 2019 were as follows (unaudited): Three Months Ended(In thousands of AUD)30 September 2019 2018 Show less Read more
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