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Spray-on skin hopeful Avita Medical nosedives 19pc on revenue miss

Kanika SoodCo-editor, Street Talk

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Avita Medical, a regenerative medicine company pitching a spray-on skin to burn patients, says it will miss its revenue forecasts, sending shares sliding by a fifth to just a third of its record $1.2 billion valuation.

Treatment of patchy pigmentation from autoimmune disease vitiligo is a key market for Avita.  Bella Management

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Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

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    Original URL: https://www.afr.com/companies/healthcare-and-fitness/fallen-angel-avita-medical-nosedives-19pc-on-revenue-miss-20250108-p5l2uw