An individual displays a hand with tell-tale scarring of a historical burn event. Source: Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Avita Medical (ASX:AVH) has announced the US FDA has issued a premarket approval for its RECELL GO skin cell harvesting device.

The system allows patients requiring burns and wound treatment to see improved healing outcomes with less donor skin needed, and reportedly less pain.

In patients where burns were less than 50% of total body surface area, the system also led to less time in hospital beds, according to Avita.

The NASDAQ-dual-lister described RECELL GO as enhancing Spray-On Skin Cells (a registered product) with the potential to reduce burden on medical staff in emergency rooms and care wards.

The company also reports it has made it easier for medical staff to work with enzymes upon which the product relies.

The product will be launched in burn treatment centres in June.

“FDA approval of RECELL GO marks a shift in the treatment of partial-thickness and full- thickness wounds,” Avita CEO Jim Corbett said.

“We believe that this transformative shift will empower more clinicians to achieve optimal outcomes for their patients.”

AVH last traded at $2.66/sh.

AVH by the numbers
More From The Market Online

Provaris Energy’s hydrogen tanker fabrication to recommence; shares up 6%

Provaris (ASX:PV1) has announced fabrication of its prototype hydrogen tanker is to recommence in 2025, pushing…
Image of a woman holding a bottle of hemp oil

Little Green Pharma jumps into distribution with acquisition

Little Green Pharma is aiming to make the strategic acquisition of HH (Australia) Pty Ltd to…
Market Update Graphic

ASX Market Update: Index sheds another 1% as Discretionary stocks lead broad selloff | December 20, 2024

The ASX200 has been down 1% at 8,084 points.
A rubbish truck dumping landfill

‘Meaningful step towards our target’: Cleanaway JV opens door to monetising landfill gas

Cleanaway Waste Management has entered a joint venture with LMS Energy Pty Ltd to enable landfill…