Vericel Corp
NASDAQ:VCEL

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Vericel Corp
NASDAQ:VCEL
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Price: 39.82 USD -0.28% Market Closed
Market Cap: 2B USD
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Vericel Corp
Investor Relations

Vericel Corporation, nestled in the bustling hub of biomedical innovation in Cambridge, Massachusetts, has carved out a niche in the realm of advanced cell therapies. Founded in the late 1980s, the company initially focused on regenerative medicine but has since honed its expertise on the development and commercialization of cell-based treatments for patients with serious medical conditions. Vericel's journey is underpinned by its flagship product lines like MACI® and Epicel®, which illustrate its commitment to technological advancement and improving patient outcomes. MACI®, a matrix-applied autologous cultured chondrocyte technology, is designed to repair cartilage defects in the knee, often providing relief to those who suffer chronic pain from cartilage injuries. Epicel®, on the other hand, caters to patients with severe burns, utilizing a patient's own skin cells to regenerate skin and improve healing. These innovative solutions demonstrate Vericel's strategic pivot towards addressing niche, high-need areas within the orthopedic and burn treatment spaces.

Vericel makes its revenue primarily through the sales of its proprietary treatments to hospitals and healthcare providers. The company's growth is closely tied to its ability to navigate the intricate regulatory landscapes associated with biologics, ensuring that its therapies meet the stringent requirements set forth by entities like the FDA. By targeting specific, high-impact markets with limited existing solutions, Vericel secures a competitive edge and commands significant pricing power, which enhances its financial performance. The company invests heavily in clinical trials and research to support and expand the use of its technologies, seeking indications for broader patient populations. Additionally, Vericel is continually working to optimize its manufacturing processes to scale its operations effectively without compromising the quality and efficacy of its treatments. Through strategic partnerships and a focus on innovation, Vericel is poised to leverage its scientific expertise to further entrench its position within the specialized markets it serves.

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Management

Mr. Dominick C. Colangelo Esq.
CEO, President & Director
No Bio Available
Mr. Joseph Anthony Mara Jr.
CFO & Treasurer
No Bio Available
Mr. Michael Halpin
Chief Operating Officer
No Bio Available
Mr. Sean C. Flynn
Chief Legal Officer
No Bio Available
Dr. Jonathan M. Hopper FRCSEd., M.B. Ch.B.
Chief Medical Officer
No Bio Available
Mr. Jonathan D. Siegal
Principal Accounting Officer, VP & Corporate Controller
No Bio Available
Mr. Eric Burns
Vice President of Finance & Investor Relations
No Bio Available
Mr. Patrick J. Fowler
Senior Vice President of Corporate Development & Strategy
No Bio Available
Mr. Patrick Helfrich
Vice President of Marketing & Commercial Strategy
No Bio Available
Mr. Mike Gilligan
Senior Vice President of Sales
No Bio Available

Contacts

Address
MASSACHUSETTS
Cambridge
64 Sidney St
Contacts
+17349305555.0
vcel.com