AVITA Medical Secures $25.5M BARDA Deal for 3,000 RECELL Units
AVITA Medical secured a 10-year government agreement with BARDA valued at up to $25.5 million to supply and preposition 3,000 RECELL units nationwide for burn mass casualty incidents. Of the total, roughly $3.97 million will be paid as annual access-maintenance fees, with the remainder tied to procurement options.
1. Agreement Structure
The contract spans ten years under Project BioShield and grants BARDA access to 3,000 RECELL units at any time, ensuring rapid nationwide support for burn mass casualty incidents.
2. Financial Breakdown
The agreement’s total potential value is up to $25.5 million, including approximately $3.97 million in annual access-maintenance fees and the balance tied to optional product procurement.
3. Preparedness Provisions
AVITA Medical will maintain an inventory of RECELL products, provide logistics and quality assurance, and ensure deployment readiness to designated burn centers upon BARDA notice.
4. Partnership History
This deal builds on over a decade of AVITA’s collaboration with BARDA, reinforcing its role in national burn emergency preparedness and showcasing proven manufacturing capabilities.