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Re: SwingEquityTrader post# 7296

Thursday, 12/07/2017 8:51:57 AM

Thursday, December 07, 2017 8:51:57 AM

Post# of 8023

The increased capital will support Vericel’s planned MACI® (autologous cultured chondrocytes on porcine collage membrane) sales force expansion from 28 to 40 sales representatives and other marketing initiatives to support the continued growth in MACI uptake. Since the launch of MACI in the first quarter of 2017, Vericel has achieved two straight quarters of 30% or greater revenue growth versus the same quarter of the prior year and record third quarter revenues.
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  • 1D
  • 1M
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  • 6M
  • 1Y
  • 5Y
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