Vericel Gains FDA Approval for Arthroscopic Delivery of MACI in Knee Cartilage Treatments
Portfolio Pulse from Benzinga Newsdesk
Vericel Corporation has received FDA approval for the arthroscopic delivery of its MACI product, enhancing knee cartilage treatment options.
August 26, 2024 | 11:47 am
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Vericel Corporation received FDA approval for a new delivery method of its MACI product, which could enhance its market position in knee cartilage treatments.
The FDA approval for the arthroscopic delivery of MACI represents a significant advancement for Vericel, as it offers a less invasive treatment option. This could lead to increased adoption of MACI, positively impacting Vericel's market share and revenue in the short term.
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IMPORTANCE 80
RELEVANCE 100