Frank Takatin's questions to Elutia Inc (ELUT) leadership • Q2 2025
Question
Frank Takatin of Lake Street Capital Markets inquired about potential growth bottlenecks for the successful Elupro launch, the two-step regulatory and launch strategy for the new NXT 41 breast reconstruction platform, and the expected timing for upcoming business development announcements.
Answer
CEO Randy Mills explained that Elupro's growth is primarily driven by securing hospital VAC approvals, a predictable process, and that initial production constraints have been resolved. He detailed the derisked regulatory strategy for NXT 41, launching the base matrix in 2026 followed by the drug-eluting version in 2027, clarifying it's a new platform distinct from SimpliDerm. Regarding business development, Mills declined to provide a specific timeline, stating the company is focused on achieving the best outcome rather than rushing a deal.