Company intelligence / Profile preview

Elutia

Silver Spring, Maryland, United Stateselutia.com ↗
Ownership
Public · ELUT
Employees
~51
Development stage
Commercial
01

Overview

Elutia has commercialized two main product lines—CanGaroo and SimpliDerm—both leveraging its proprietary drug-eluting biomaterial platform. CanGaroo provides an acellular envelope for cardiac devices to reduce infection and fibrotic response; SimpliDerm serves as a human acellular dermal matrix for soft tissue repair. The company’s new product, EluPro, recently received FDA clearance and competes directly with Medtronic’s TYRX in the antibiotic-eluting envelope market. Clinical data suggest that using natural biologics instead of synthetic polymers leads to better remodeling into healthy tissue and less scar formation.

Therapeutic areas
OtherCardiovascularNeurology
Modalities
Drug-eluting biomaterialsAcellular biologic matrices
Industry
Implantable Medical Devices
02

Drug pipeline

4 assets

CanGaroo

Commercial
Indications
Cardiac implant protection

3 more assets in the full pipeline.

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03

Financials

Market cap
$35.4M
Total revenue
$2.4M
Enterprise value
$26.3M

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