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Company Profile

  • Business description

    Polynovo earns most of its revenue from US sales of its NovoSorb Biodegradable Temporizing Matrix, or NovoSorb BTM. The product is a patented biodegradable synthetic scaffold to support the regeneration of the dermis when lost through surgery, trauma, burns, or other causes of tissue loss. Once the product is applied to a wound, it takes a few weeks for the dermal layer to fully integrate within the polymer scaffold before a clinician can delaminate the outer layer. A small wound would then close either naturally or with a dressing, while a larger wound would close through a split-skin graft or alternative product such as Avita’s RECELL. NovoSorb BTM then slowly degrades to harmless byproducts which are fully absorbed in roughly 18 months.

  • Contact

    320 Lorimer Street
    Unit 2
    Port Melbourne VIC 3207
    AUS

    T: +61 386814050

    https://www.polynovo.com

  • Sector

    Healthcare

    Stock type

    Defensive

  • Industry

    Medical Devices

    Fiscal Year End

    30 June 2024

    Employees

    8

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Markets

Index
Last price
Change
% Change
All Ordinaries 7,862.30 147.10 -1.84%
CAC 40 7,955.57 89.54 -1.11%
DAX 40 17,814.78 211.80 -1.17%
Dow JONES (US) 37,735.11 248.13 -0.65%
FTSE 100 7,856.53 109.00 -1.37%
HKSE 16,248.97 351.49 -2.12%
NASDAQ 15,885.02 290.08 -1.79%
Nikkei 225 38,471.20 761.60 -1.94%
NZX 50 Index 11,804.84 111.94 -0.94%
S&P 500 5,061.82 61.59 -1.20%
S&P/ASX 200 7,612.50 140.00 -1.81%
SSE Composite Index 3,007.07 50.31 -1.65%

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Piedmont Lithium Inc PLL 0.22 0.07 -22.81%