Market AdoptionThe company applied for a New Technology Add-on Payment with CMS, which could allow hospitals to receive reimbursement up to approximately 65% of Symvess’ cost, supporting its market adoption.
Product LaunchHUMA has recruited and trained a highly experienced sales force to support the SYMVESS launch, effectively addressing the US market opportunity.
Regulatory ApprovalThe FDA granted full approval for Symvess for use in adults as a vascular conduit for extremity arterial injury, which removes a major overhang on Humacyte stock.