Vericel Corp.

VCEL Nasdaq Healthcare · Biological Products, (No Diagnostic Substances) Burlington, MA www.vcel.com/
$40.76
Mkt Cap 2.09B

Maker of cell therapy and biologic products for sports-medicine cartilage repair and severe burn care, including the MACI cartilage regeneration product.

From the annual report

Information Vericel Corporation is a leading provider of advanced therapies for the sports medicine and severe burn care markets. We have a highly differentiated portfolio of cell therapy and specialty biologic products that combines innovations in biology with medical technologies. We were among the first companies to achieve commercial success in the complex field of cell therapies with treatments that use tissue engineering to regenerate skin and healthy knee cartilage. We currently market two U.S. Food and Drug Administration ( FDA ) approved autologous cell therapy products and one FDA-approved specialty biologic product in the U.S. MACI is an autologous cellularized scaffold product indicated for the repair of symptomatic, single or multiple full-thickness cartilage defects of the knee with or without bone involvement in adults. Since MACI’s commercial launch, the product’s FDA-approved labeling has provided for a treating surgeon to use MACI to treat a patient through an open surgical procedure. In August 2024, the FDA approved a supplemental Biologics License Application ( sBLA ) expanding the MACI indication to add instructions for the arthroscopic delivery of MACI to the product’s approved labeling. MACI Arthro allows surgeons to evaluate and prepare the cartilage defect site as well as deliver the MACI implant through small incisions using custom-designed arthroscopic instruments developed by the Company ( MACI Arthro instruments ). MACI Arthro became commercially available in the U.S.

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/100 Overall
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REVENUE TTM
$306.3M
FCF TTM
$61.7M
P/E RATIO
86.2x
P/FCF
33.9x
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