Surgical & Sports Medicine Revenue Growth
Net product revenue from Surgical & Sports Medicine products for the second quarter was $8.1 million, up 16%.
Proposed CMS Payment Reform
CMS announced a proposed Medicare physician fee schedule expected to bring long-term stabilization to the skin substitute markets and encourage innovation. This is seen as a transformational opportunity for Organogenesis.
ReNu BLA Submission Progress
ReNu program is on track for submission by the end of this year, with all patients completing the second Phase III study. Top line data results expected in September 2025.
Expanded Manufacturing Capacity
Expansion of biomanufacturing capabilities at the new facility in Smithfield, Rhode Island, to support the introduction of new products like Dermagraft and TransCyte.