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Elutia ELUT · USD

Health Care · US listing · 🇺🇸 United States

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0.84

-0.18%

Close of 9 Nov 2026, in USD

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About Elutia

From its filings with the US Securities and Exchange Commission

SEC filings

Elutia is based in Silver Spring, Maryland and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker ELUT. The SEC classifies its business as biological products, (no diagnostic substances). In the fiscal year to 31 December 2025, it reported revenue of $12.3m and net income of $53.4m. At that date it held total assets of $62.4m and shareholders' equity of $27.7m.

In its own words

At Elutia, our mission is to humanize medicine so that patients can thrive without compromise. We develop proprietary drug-eluting biomatrix products for use in surgical reconstruction and related applications. These products are designed to improve the interaction between implanted medical devices and patients. Our focus is on addressing unmet medical needs and reducing complications associated with surgery, including infection, migration, erosion, implant rejection, and fibrosis. Our operations span research and development through the commercial distribution of biologic matrix products used in plastic and reconstructive surgery.

We have applied these capabilities to develop and commercialize products for specific surgical applications. As more fully described below, on October 1, 2025, we divested one such product family through the sale of substantially all of the assets related to our business of developing, commercializing, manufacturing, selling and marketing our cardiac implantable electronic device (“CIED”) products, EluPro™ and CanGaroo®, to Boston Scientific Corporation (“BSC”) and Cardiac Pacemakers Inc (“CPI”) for an aggregate purchase price of up to $88.0 million in cash. EluPro was the first antibiotic-eluting biologic matrix envelope for use with CIEDs. This transaction reflects the technical and commercial value of solutions developed using our biologic matrices and local drug delivery capabilities.

Quoted from its 10-K, filed 13 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Biotechnology
Listed since
8 Oct 2020
Employees
26
Website
aziyo.com ↗
Head office
12510 PROSPERITY DRIVE, SILVER SPRING, MD, 20904
Incorporated in
DE
Classification
Biological Products, (No Diagnostic Substances)
Filer status
<br>Emerging growth company

Leadership

Pay as last reported

  • Mr. Kevin RakinLead Independent Chairman of the Board, since 2015$321,500
  • Dr. C. Randal MillsPresident, Chief Executive Officer, Director, since 2015$4.5m
  • Mr. Matthew FergusonChief Financial Officer$1.8m
  • Dr. Michelle WilliamsChief Scientific Officer$1.6m
  • Mr. David ColpmanIndependent Director$138,500
  • Ms. Maybelle JordanIndependent Director$141,000
  • Ms. Brigid MakesIndependent Director$161,000
  • Mr. W. Matthew ZugaIndependent Director$121,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
1
Governance
0
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Aziyo Biologics Inc. possesses several key strengths that contribute to its success in the biologics industry. These strengths include:

Weaknesses

  • Despite its overall success, Aziyo Biologics Inc. faces certain weaknesses that could hinder its growth and competitiveness. These weaknesses include:

Opportunities

  • Aziyo Biologics Inc. has several opportunities for further growth and expansion. These opportunities include:

Threats

  • Aziyo Biologics Inc. faces various threats that could potentially disrupt its operations and market position. These threats include:

Sources and methodology

Data on this tab
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Chart on the Overview
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