Skin Repair Equipment Developer Avita Medical (RCEL.US) Receives EU CE Certification for RECELL GO System, Shares Rise in Pre-Market Trading

Stock News
Sep 15

Skin repair equipment developer Avita Medical (RCEL.US) announced that its next-generation autologous cell harvesting device, the RECELL GO system, has received CE certification under the European Union Medical Device Regulation (EU MDR). Boosted by this news, Avita Medical shares surged nearly 10% in Monday's pre-market trading as of publication time.

The RECELL GO system is an advanced device used for harvesting autologous cells to treat burns and skin defects. Compared to traditional skin grafting, RECELL offers superior advantages including improved healing, reduced donor skin usage, decreased pain, faster wound closure, better aesthetic outcomes, fewer required surgeries, and shorter hospital stays for certain burns.

RECELL-GO simplifies the preparation of skin cell spray, reduces training requirements, improves operating room efficiency, and ensures optimal cell yield and viability.

Avita Medical CEO Jim Corbett stated: "The CE certification of RECELL GO represents a significant milestone for both Avita Medical and patients. This enables us to bring this option to burn centers and clinicians across Europe to support their treatment of acute trauma patients."

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