Orthocell Withdraws Revenue Projections

Orthocell Ltd (AU:OCC) has released an update.

Orthocell Limited, a regenerative medicine company, has retracted its revenue projections for a 20% market share of its products Remplir™ and Striate+™, initially presented in a recent company presentation. The Perth-based firm, which develops medical devices for bone and soft tissue injuries, has advised investors to disregard the previous financial estimates due to lack of a reasonable basis for such forecasts. Orthocell continues to focus on global market expansion and product development in the field of regenerative medicine.

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