PolarityTE, Inc. (PTE) Research
Based in Salt Lake City, Utah, PolarityTE, Inc. is a clinical-stage biotechnology company focused on the development and commercialization of regenerative tissue products and biomaterials. Its offerings serve the medical, biomedical engineering, and material sciences sectors across the United States. The company operates through two primary divisions: Regenerative Medicine Products and Contract Services. PolarityTE's key product is SkinTE, a specialized tissue solution employed for the repair, reconstruction, replacement, or augmentation of skin in patients. Its applications encompass treating acute or chronic wounds, burns, surgical reconstruction, scar revision, and the removal of dysfunctional skin grafts. In addition to its product line, the firm also provides contract research services. The company's pipeline includes SkinTE Cryo, which facilitates multiple deployments from a single harvest through a cryopreservation process, and a SkinTE point-of-care device designed for immediate processing and application of SkinTE directly after initial harvest. PolarityTE is also advancing PTE 11000, an allogenic, biologically active dressing engineered to accelerate healing in both wound care and aesthetic contexts, alongside other promising tissue regeneration products.
Market snapshot
- Symbol
- PTE
- Price
- $0.24
- Day change
- -0.82%
- Market cap
- $1.8M
- P/E ratio
- 0.16x
- 52-week range
- 0.2-1.9
- Sector
- Healthcare
- Industry
- Biotechnology
- Analyst price target
- $1.00
Peer companies
Recent insider activity
- Dyer Jeffrey Hansen — A-Award (42986 shares) on 2023-01-26
- Dyer Jeffrey Hansen — trade (200 shares) on 2023-01-26
- Dyer Jeffrey Hansen — trade (0 shares) on 2023-01-26
- Nolet Chris — M-Exempt (36497 shares) on 2023-01-12
- Nolet Chris — M-Exempt (3078 shares) on 2023-01-12
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