Vericel Corporation

Company overview

Vericel Corporation, a commercial-stage biopharmaceutical company, engages in the research, development, manufacture, and distribution of cellular therapies for sports medicine and severe burn care markets in the United States. The company markets autologous cell therapy products comprising MACI, an autologous cellularized scaffold product for the repair of symptomatic, single or multiple full-thickness cartilage defects of the knee; and Epicel, a permanent skin replacement humanitarian use device for the treatment of adult and pediatric patients with deep-dermal or full-thickness burns. Its preapproval stage product is NexoBrid, a registration-stage biological orphan product for eschar removal in adults with deep partial-thickness and/or full-thickness thermal burns. The company was formerly known as Aastrom Biosciences, Inc. and was incorporated in 1989.

Sector

Healthcare

Industry

Biotechnology

Exchange

NASDAQ

Market cap

$2.5B

Employees

357

Headquarters

Cambridge, MA

Website

vcel.com

CEO

Dominick C. Colangelo

Listed

February 4, 1997

P/E

114.15

Dividend yield

0.00%