Replies to post #6199 on Avita Medical Ltd (RCEL)

[SpockJones]

Key words being insurance coverage. Insurance coverage for burns opens the door for coverage for a wide-range of other applications, including "off-label" dermatological applications that would once have been considered cosmetic and thus, not covered by insurance. These applications could include acne treatment, pilar cysts (current treatment is to remove several layers of skin and hope that scar tissue forms before infections sets in), scar revision and other applications that require painful, multiple treatments like laser resurfacing.

It's the smart move to make ReCell a standard of care/prescription covered by insurance. Vitiligo is not a life-threatening illness. Burns are.

[StLXer]

LOL ....... WRONG! Vitiligo is not an aesthetic issue, its a chronic condition. Insurance already pays for treatment s that dont work. Insurance would add a code overnight if it was approved by FDA . They had 8000 trals already. They SAY it corrects stable vitiligo. Maybe that data isnt as strong as they say? Wonder what data Japan wants? They didnt even try juvenile first, they went with the EASIEST route - the littlest bang for the least buck. They cant even capture 5% of the market in TWO YEARS! There was nothing human about that decision , dont be naive - they were trying to create cashflow like a winery does on there cheap Wine , so they can get money to make expensive label. They were playing for margins and were wrong!
Its call Incompetent

You better tale your rose colored glasses off there FOGGED UP!

The CEO has been a disaster- it Obvious

Doesnt even have the brains to get free advertising and go on the shows, or maybe doesnt have the energy and drive to win . Why should he? He already has converted tons of shares - he has already won

Its called Incompetence

BAaaa