Ownership
Public
Employees
~51
Therapeutic Areas
Stage
Commercial
Preclinical
Phase 1
Phase 2
Phase 3
Approved
Modalities
Elutia General Information
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.
Contact Information
Website
Primary Industry
Implantable Medical Devices
Corporate Office
Silver Spring, Maryland
United States
United States
Drug Pipeline
CanGaroo
CommercialKey Partnerships
Elutia Funding
| Deal Type | Date | Amount | Status | Stage |
|---|---|---|---|---|
| Investment | May 9, 2025 | $15.0M | Completed | Commercial |
To view Elutia's complete valuation and funding history, request access »
Elutia Financial Metrics
Market Cap
$43.6M
Total Revenue
$3.3M
Enterprise Value
$18.8M
Gosset