AVITA Medical (NASDAQ:RCEL) has appointed a new non-executive member to its board of directors.

VALENCIA, Calif. and MELBOURNE, Australia, March 16, 2023 (GLOBE NEWSWIRE) — AVITA Medical, Inc. RCELAVH)), a regenerative medicine company leading the development and commercialization of first-in-class devices and autologous cellular therapies for skin regeneration, today announced the appointment of Cary Vance to its Board of Directors, effective April 1, 2023.

Mr. Vance has over 25 years of extensive leadership experience with commercial and operational expertise in the healthcare industry. He is currently President and Chief Executive Officer of Titan Medical, a position he has held since July 2022. Prior to this appointment, he served as an independent director of Titan Medical’s Board of Directors. Previously, Mr. Vance as president and CEO of XCath, a privately held neurovascular robotics company, and he has also served in similar roles at OptiScan Biomedical and Myoscience. Prior to these roles, he served as President and CEO of Hansen Medical, a publicly held robotics company from 2014 to 2016. Additional executive leadership experience includes roles at Teleflex, Covidien and GE Healthcare. Mr. Vance holds both a bachelor’s degree in economics and an MBA from Marquette University.

“We are pleased to welcome Cary to our Board of Directors,” said Lou Panaccio, Chairman of AVITA Medical. “Cary brings extensive expertise in commercializing new medical technology platforms. We look forward to leveraging his experience driving strategic initiatives to build our market share in burns and future indications.”

Approved for release by the CEO of AVITA Medical, Inc.

AVITA Medical® is a regenerative medicine company that leads the development and commercialization of devices and autologous cellular therapies for skin restoration. RECELL® System technology platform, approved by the FDA for the treatment of acute thermal burns in both adults and children, harnesses the regenerative properties of a patient’s own skin to create Spray-On Skin™ cells. RECELL, delivered at the point of care, enables improved clinical outcomes and validated cost savings. RECELL is the catalyst for a new treatment paradigm, and AVITA Medical leverages its proven and differentiated capabilities to develop first-in-class cellular therapies for multiple indications, including soft tissue repair and repigmentation of stable vitiligo lesions.

AVITA Medical’s first US product, the RECELL System, was approved by the US Food and Drug Administration (FDA) in September 2018. The RECELL System is approved for acute partial-thickness thermal burn wounds in patients 18 years of age and older or for use in combination with meshed autografting for acute full-thickness thermal burn wounds in pediatric and adult patients. In February 2022, the FDA reviewed and approved the PMA Addendum for the RECELL Autologous Cell Harvesting Device, an enhanced RECELL system that aims to provide clinicians with a more efficient user experience and simplified workflow.

The RECELL system is used to prepare Spray-On Skin™ cells using a small amount of a patient’s own skin, providing a new way to treat severe burns while significantly reducing the amount of donor skin required. The RECELL system is designed to be used at the point of care alone or in combination with autografts depending on the depth of the burn injury. Compelling data from randomized controlled clinical trials conducted at major US burn centers and real-world use in more than 15,000 patients globally reinforce that the RECELL system is a significant advance over the current standard of care for burn patients and offers benefits in clinical outcomes and cost savings. Healthcare professionals should read INSTRUCTIONS FOR USE – RECELL Autologous Cell Harvesting Device (https://recellsystem.com) for a complete description of indications for use and important safety information, including contraindications, warnings and precautions.

In international markets, our products are approved under the RECELL System brand to promote skin healing in a wide range of applications, including burns, soft tissue repair, vitiligo and aesthetics. The RECELL system is TGA registered in Australia, received the CE mark in Europe and has PMDA approval in Japan.

Visit www.avitamedical.com to learn more.


AVITA Medical (NASDAQ:RCEL) has appointed a new non-executive member to its board of directors.

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