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AVITA Medical
AVITA Medical, led by CEO Jim Corbett, commercializes the RECELL platform for severe burns and vitiligo. Publicly traded on Nasdaq and ASX.
AVITA Medical
AVITA Medical operates as a publicly traded commercial-stage regenerative medicine company. The firm secured FDA premarket approval for its RECELL Autologous Cell Harvesting Device, designed to prepare a spray-on suspension of a patient's own skin cells for the treatment of severe burns. Corbett has steered the organization since 2019, focusing commercialization on U.S. burn centers. The core technology centers on enzymatic disaggregation of a small split-thickness skin sample into a cellular suspension that can treat a wound up to 80 times the size of the donor site. The platform reduces donor-site morbidity and the number of surgical procedures for patients with large total body surface area burns. Key milestones include BARDA's multi-year partnership to expand RECELL's label for mass-casualty preparedness. The company maintains a direct sales force targeting Level 1 burn centers and has expanded into pediatric labelling and treatment of full-thickness burns. AVITA Medical is listed on both the Australian Securities Exchange and the Nasdaq. The company has pursued an adjacent launch into vitiligo treatment and soft-tissue reconstruction, diversifying beyond acute burn care. In recent periods, the organization has reported sequential quarter-over-quarter growth in commercial accounts, supported by increased procedural volumes at existing hospital customers. The firm's structural profile is that of a single-product platform scaling through regulatory pathway expansion. Unlike private-equity-backed competitors, AVITA operates with public-market capital and a narrow clinical focus, which creates a concentrated risk and reward profile tied directly to the adoption of RECELL across burn surgery protocols.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Valencia
Corporate office
Valencia, CA, United States
Principals
Jim Corbett
Chief Executive Officer
Sector focus
Frequently asked questions
What is the clinical mechanism behind AVITA Medical's RECELL device?
RECELL uses a small sample of the patient's own healthy skin, disaggregates the cells with an enzyme-based process, and produces a spray-on cell suspension. This allows a donor site roughly 1/80th the size of the treatment area to cover large wounds, significantly reducing the need for conventional skin grafting and associated donor-site pain.
Does AVITA Medical operate as a medical device company or a biologic therapeutics firm?
AVITA Medical is structured as a regenerative medicine company with a medical device platform. The RECELL device is an FDA-approved Class III medical device that processes autologous cells at the point of care without requiring an external laboratory or biologic manufacturing facility.
What is the company's relationship with BARDA?
The Biomedical Advanced Research and Development Authority (BARDA) has a multi-year partnership with AVITA Medical to support the development and label expansion of RECELL for mass-casualty burn emergencies. This federal funding supports clinical studies that broaden the device's approved indications, including pediatric and full-thickness burn applications.
How does AVITA Medical generate revenue?
Revenue comes primarily from sales of RECELL disposable cartridges and enzymes to U.S. burn centers, where the per-procedure cost is captured via hospital purchasing agreements. The company also records procedural milestone payments under its BARDA contract and is expanding into dermatology settings for vitiligo treatment.
Which regulatory clearances has RECELL received?
RECELL holds FDA premarket approval for acute thermal burns in adults and pediatric patients, including full-thickness (third-degree) burns. The company received a subsequent approval for the RECELL GO platform in 2024 and has pursued FDA breakthrough device designation for vitiligo and soft-tissue reconstruction indications.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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