Reports Q2 revenue $6.29M, consensus $6.65M. “With the FDA clearance of EluPro, we are equipped with what we believe is a superior product, which is bringing us significant attention from a range of participants in the multi-billion-dollar pacemaker and defibrillator market,” said Dr. Randy Mills, Elutia’s Chief Executive Officer. “Additionally, our manufacturing and quality systems were evaluated by the FDA with no deficiencies noted, clearing the way for commercial production of EluPro. Simultaneously, we have initiated the value analysis committee submission process, all in a coordinated effort to ensure this revolutionary product reaches our surgeon partners, enabling them to provide the best care for their patients.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ELUT:
- Elutia to Report Second Quarter 2024 Financial Results on Wednesday, August 7, 2024
- Elutia to Present at the Emerging Growth Conference on Thursday, July 18
- Elutia price target raised to $10 from $5 at Lake Street
- Elutia price target raised to $11 from $5 at Cantor Fitzgerald
- Aziyo Biologics Gains FDA Clearance for EluPro® Bioenvelope
