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Vericel Corporation (VCEL)

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15.74+0.57 (+3.76%)
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Vericel Corporation

64 Sidney Street
Cambridge, MA 02139
United States
617 588 5555
http://vcel.com

Sector(s)Healthcare
IndustryBiotechnology
Full Time Employees241

Key Executives

NameTitlePayExercisedYear Born
Mr. Dominick C. Colangelo Esq.CEO, Pres & Director1.16M1.88M1964
Mr. Gerard J. MichelCFO & VP of Corp. Devel.616.48k1.61M1963
Mr. Michael HalpinChief Operating Officer568.1k617.58k1961
Mr. Sean C. FlynnVP, Gen. Counsel & Corp. Sec.N/AN/AN/A
Ms. Heidi HassenVP of HRN/AN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Vericel Corporation, a commercial-stage biopharmaceutical company, researches, develops, manufactures, and distributes cellular therapies for sports medicine and severe burn care markets in the United States. It markets autologous cell therapy products comprising MACI, an autologous cellularized scaffold product for the repair of symptomatic, and single or multiple full-thickness cartilage defects of the knee; and Epicel, a permanent skin replacement humanitarian use device for the treatment of patients with deep-dermal or full-thickness burns. The company also develops ixmyelocel-T, a patient-specific multicellular therapy that has completed Phase IIb clinical trial for the treatment of advanced heart failure due to dilated cardiomyopathy. In addition, its preapproval stage product includes, NexoBrid, a registration-stage biological orphan product for debridement of severe thermal burns. The company was formerly known as Aastrom Biosciences, Inc. Vericel Corporation was founded in 1989 and is headquartered in Cambridge, Massachusetts.

Corporate Governance

Vericel Corporation’s ISS Governance QualityScore as of December 8, 2019 is 6. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 5; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.