Company Name: Avita Medical
Announcement Date: 12/08/2016
Announcement Category: Awards/recognition, Contract/Partnership, Other, Product launch/update
Announcement Content:
Avita Medical (ASX:AVH), makers of the spray-on skin invented by WA's Professor Fiona Wood, has been covered in detail in a five-page spread in the latest edition of the weekly investment magazine, The Passionate Investor. The article quotes respected analysts Scott Power and Dr Derek Jellinek of Morgan's Stockbroking as saying: "Under new leadership and broad renewal the company has undergone a strategic re-positioning, taking a more incremental transition to wound care, where products complement existing therapies and the focus is on accumulating clinical studies and clinical/health-economic benefits. We believe this much more structured approach has improved the fundamental outlook for the company. We believe a transformed commercial focus and numerous upcoming catalysts should reignite investor interest."
Announcement URL:
About Avita Medical:
Avita Medical is a medical device company that transforms lives through its unique and innovative skin regeneration solutions. We are a publicly listed, global medical technology company trading on the Australian Stock Exchange (ASX:AVH) and OTC Markets (OTCQX:AVMXY). We develop and distribute highly innovative regenerative products including ReCell, the revolutionary 'spray-on skin' invented by West Australian Professor Fiona Wood.
Go to Company Profile for: Avita Medical
Announcement Contact: deanf@monsoon. com.au