EarningsAXGN pre-announced 4Q24 revenue approximately 4% above consensus, which should quell investor concerns over the implied down quarter-over-quarter guidance.
Growth StrategyAxoGen has truly differentiated products for nerve protection and repair, facing limited biologic competition, which presents ample growth opportunities.
Regulatory ApprovalFDA approval of Avance in 2025 is considered less risky after the agency accepted the BLA submission.