MIMEDX Provides Update on AXIOFILL® Request for Designation (“RFD”) from FDA
MARIETTA, Ga., March 27, 2024 (GLOBE NEWSWIRE) -- MiMedx Group, Inc. (Nasdaq: MDXG) (“MIMEDX” or the “Company”) today announced that the U.S. Food and Drug Administration (“FDA”) has issued a determination letter in connection with the RFD process related to AXIOFILL, a human-derived particulate wound dressing. In the letter, FDA reaffirmed its position that AXIOFILL does not meet the regulatory classification requirements of a Human Cell, Tissue or Cellular or Tissue-based Product (“HCT/P”) under Section 361 of the Public Health Service Act (“PHSA”).
- Since the FDA has issued a final agency decision, we are taking steps to assert our position in court."
- Today, there are at least three nearly identical products, including AXIOFILL, that are treated differently by FDA.
- The first of these products received an RFD designation classifying it as a 361 product, consistent with other HCT/Ps.
- Any forward-looking statements speak only as of the date of this press release and the Company assumes no obligation to update any forward-looking statement.