Replies to post #7103 on Vericel Corp. (VCEL)

[aidenb8]

Next Time leaving the computer, give us a head up,to accumulate :)
Too quiet again, early signs of you leaving your computer ...

[realfast95]

The big volume day 11/21 on no news, actually there was news. I don't see it posted. So here it is. Sorry I don't monitor every day.

VCEL, SNY 11/21 Vericel higher after CareFirst deems ACI medically necessary CareFirst announced yesterday in a medical policy bulletin that autologous chondrocyte implantation for the treatment of full-thickness articular cartilage defects of the knee as a result of acute or repetitive trauma is considered medically necessary when certain conditions are met. The culturing of chondrocytes is subject to a biologic licensing requirement by the FDA. Carticel from Sanofi's (SNY) Genzyme unit and MACI from Vericel (VCEL) have received FDA approval for the culturing of chondrocytes through a biologics license for specific indications. Shares of Vericel are up 40c to $4.25 in afternoon trading. Reference Link

Read more at:
https://thefly.com/landingPageNews.php?id=2645338

CareFirst is a Maryland Blue Cross company.