Misonix Announces the Second Largest U.S. Commercial Payer Has Provided Coverage for TheraSkin to Treat All Lower Extremity Dermal Wounds Adding 32 Million New Covered Lives

FARMINGDALE, N.Y., Dec. 18, 2020 (GLOBE NEWSWIRE) -- 2020) – Misonix, Inc. (NASDAQ: MSON), a provider of minimally invasive therapeutic ultrasonic medical devices and regenerative products that enhance clinical outcomes, today announced that the second largest U.S. Commercial payer will now cover TheraSkin for all lower extremity dermal wounds. TheraSkin is a proven cellular and tissue-based treatment for difficult to heal chronic wounds.

“This favorable decision by the second largest commercial payer in the U.S. to provide broad coverage of TheraSkin for the treatment of all lower extremity wounds, including venous leg ulcers (VLUs) and diabetic foot ulcers (DFUs), is a strong testament to the versatility, clinical effectiveness and safety of Theraskin, and the weight of the clinical evidence supporting TheraSkin’s results,” stated Stavros Vizirgianakis, Misonix Chief Executive Officer. “Since our acquisition of Solsys Medical in 2019, Misonix has made significant progress in positioning Theraskin as an accepted standard of care treatment for patients suffering from difficult to heal chronic wounds and has received overwhelming positive feedback from health practitioners across the country regarding their clinical experience and positive patient outcomes. With this new coverage, we now have an additional 32 million covered lives we can address with Theraskin, and we expect this number to grow as we continue to work with private payers to expand TheraSkin coverage.”

TheraSkin is an all human split thickness allograft with living cells, growth factors, and a native extracellular matrix. TheraSkin vascularizes to build granulation tissue and accelerates epithelialization to close wounds.^1,2,3 Clinical studies demonstrate significant benefits from treatment of chronic lower extremity dermal wounds with TheraSkin, including improvements in healing time and healing rates.^1,2,3 TheraSkin has been applied to over 100,000 wounds.

1. Flood MS, et al. Treatment of Deep Full-Thickness Wounds Containing Exposed Muscle, Tendon, and/or Bone using a Bioactive HumanSkin Allogrfat: A large Cohort Case Series.
2. Barbul A, et al. Matched-cohort study comparing bioactive human split-thickness skin allograft plus standard of care to standard of care alone in the treatment of diabetic ulcers: A retrospective analysis across 470 institutions. Wound Repair Regen. 2020 Jan; 28(1): 81-89
3. Gurtner GC, et al. A retrospective matched-cohort study of 3994 lower extremity wounds of multiple etiologies across 644 institutions comparing a bioactive human skin allograft, TheraSkin, plus standard of care, to standard of care alone. Int Wound J. 2020 Feb; 17(1): 55-64