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AVITA Medical Accelerates Growth with New FDA Approvals and 30% Revenue Surge
8:22am on Friday 14th of February, 2025 AEDT
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Healthcare
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AVITA Medical Accelerates Growth with New FDA Approvals and 30% Revenue Surge
8:22am on Friday 14th of February, 2025 AEDT
Key Points
Q4 2024 commercial revenue rose 30% to $18.4 million
Full-year 2024 revenue increased 29% to $64 million
FDA approvals granted for Cohealyx and RECELL GO mini in December 2024
Amended credit agreement with OrbiMed to ease revenue covenants through 2026
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