Elutia Inc. (ELUT) NASDAQ

2.91

+0.14(+5.05%)

Updated at April 03 04:00PM

Currency In USD

Elutia Inc.

Address

12510 Prosperity Drive

Silver Spring, MD 20904

United States of America

Phone

240 247 1170

Sector

Healthcare

Industry

Biotechnology

Employees

51

First IPO Date

October 08, 2020

Key Executives

NameTitlePayYear Born
Dr. C. Randal Mills Ph.D.Co-Founder, President & Chief Executive Officer and Director965,4231972
Dr. Michelle LeRoux Williams Ph.D.Chief Scientific Officer485,9701975
Mr. Matthew B. FergusonChief Financial Officer521,0771968
Mr. Jeffry D. HametSenior Vice President of Finance, Treasurer & Secretary0N/A
Dr. Sonali Fonseca Ph.D.Vice President & Head of Emerging Businesses0N/A
Ms. Courtney GuyerVice President of Marketing0N/A

Description

Elutia Inc., a commercial-stage company, develops and commercializes drug-eluting biologics products for neurostimulation, wound care, and breast reconstruction in the United States. The company operates in three segments: Device Protection; Women's Health; and Cardiovascular. It offers CanGaroo Envelope, which is used to accommodate cardiac implantable electronic devices, such as pacemakers and internal defibrillators. The company also develops CanGarooRM, a combination of the CanGaroo envelope with antibiotics, to reduce the risk of infection after surgical implantation of an electronic device. In addition, it provides ProxiCor for cardiac tissue repair and pericardial closure; Tyke, an extracellular material that is used in the repair of cardiac structures for neonate and infant patients; and VasCure, a patch material to repair or reconstruct the peripheral vasculature. Further, the company offers SimpliDerm, which uses human acellular dermal matrices for tissue repair and reconstruction in various applications, such as sports medicine, hernia repair, trauma reconstruction, and breast reconstruction surgeries following mastectomy. It serves hospitals and healthcare facilities through its direct sales force, independent sales agents, and distributors. The company was formerly known as Aziyo Biologics, Inc. and changed its name to Elutia Inc. in September 2023. Elutia Inc. was incorporated in 2015 and is headquartered in Silver Spring, Maryland.