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

  • ASLAN Pharmaceuticals Limited (ASLN)
  • Fresh2 Group Limited (FRES)
  • G Medical Innovations Holdings Ltd (GMVD)
  • Midatech Pharma plc (MTP)
  • NeuBase Therapeutics, Inc. (NBSE)
  • Notable Labs, Ltd. (NTBL)
  • OncoSec Medical Incorporated (ONCSQ)
  • Oncternal Therapeutics, Inc. (ONCT)

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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