Vericel Corporation, a commercial-stage biopharmaceutical company, engages in the research, development, manufacture, and distribution of cellular therapies and specialty biologic products for sports medicine and severe burn care markets in North America. The company markets autologous cell therapy products comprising MACI, an autologous cultured chondrocytes on porcine collagen membrane for the repair of symptomatic, and single or multiple full-thickness cartilage defects of the knee; Epicel, a permanent skin replacement humanitarian use device for the treatment of adult and pediatric patients with deep-dermal or full-thickness burns; and NexoBrid, a biological orphan product for eschar removal in adults and pediatric patients with deep partial-thickness and/or full-thickness thermal burns. The company was formerly known as Aastrom Biosciences, Inc. and changed its name to Vericel Corporation in November 2014. Vericel Corporation was incorporated in 1989 and is headquartered in Cambridge, Massachusetts.
MACI Arthro Triumph | Vericel's FDA approval for MACI Arthro expands its cartilage repair market, positioning it as the only arthroscopic biologic solution for knee defects up to 4cm2 |
Market Expansion Strategy | Delve into Vericel's plan to grow its surgeon base from 5,000 to 7,000, targeting high-volume arthroscopic specialists to drive MACI Arthro adoption |
Revenue Potential | Explore how MACI Arthro could significantly boost Vericel's revenues by penetrating the 2-4cm² condyle defect market, potentially doubling total MACI sales |
Competitive Edge | Learn about Vericel's strengthened position in the $3 billion cartilage repair market, with analysts setting a price target of $57.00 for August 2024 |
Metrics to compare | VCEL | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipVCELPeersSector | |
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P/E Ratio | 687.4x | −3.3x | −0.5x | |
PEG Ratio | 1.32 | 0.03 | 0.00 | |
Price/Book | 6.9x | 5.2x | 2.6x | |
Price / LTM Sales | 8.6x | 5.8x | 3.3x | |
Upside (Analyst Target) | 43.9% | 65.8% | 42.4% | |
Fair Value Upside | Unlock | 26.3% | 7.2% | Unlock |