20/04/2026
Orthocell Ltd has today released its Quarterly Report for the quarter ended 31 March 2026, highlighting a period of continued revenue growth, strong US commercial traction and expanding global adoption of Remplir.
Key highlights for the quarter include:
✅ $3.2 million revenue achieved, driven primarily by Remplir’s growing pe*******on in existing markets and the commencement of material sales from the U.S.
✅ U.S. Remplir sales reached $300k in the March quarter, with $170k in Remplir sales recorded in March, providing early evidence of a potential revenue inflection point within the US$1.6 billion U.S. Remplir addressable market
✅ Year-to-date revenue of $9.4 million, up 45% on the prior corresponding period and already exceeds full-year FY25 revenue of $9.2M
✅ Strong cash position of $48 million, supporting ongoing commercial expansion
✅ Commercialisation of Remplir in the US continues to track ahead of expectations.
- Distribution network now covering 16+ states (~40% of US population)
- 32 VAC approvals providing access to 115+ hospitals (57 pending)
- 49 surgeons using Remplir, with 115 units sold in the quarter
✅ Real-world use of Remplir in defence settings continues to build momentum
- Growing validation in real-world settings, including 23 procedures in Ukraine
- Subsequent to the end of the quarter, approval was secured for use across US
- Department of Defence hospital networks, with first procedure already completed
✅ Progress in Canada commercial rollout, with initial sales expected shortly
✅ UK/EU regulatory pathway on track, with distributor appointment supporting market entry preparation
✅ Continued expansion of Remplir applications, including nerve-sparing prostate cancer surgery
Orthocell CEO and MD, Paul Anderson, said:
“This quarter reflects continued strong progress in the commercialisation of Remplir, particularly in the United States, where we are seeing growing surgeon adoption and increasing revenue contribution. The consistency of our revenue performance and the growth in key commercial metrics, including hospital uptake, surgeon utilisation and distributor expansion, is particularly encouraging. Notably, the acceleration in U.S. revenue in March provides early evidence of a potential inflection point as these commercial efforts begin to scale.
Read the ASX announcement: https://bit.ly/4cF9b3f
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Investor Webinar | Join us today at 9am AWST/11am AEST
Join regenerative medicine company Orthocell Limited’s Chair John Van Der Wielen, CEO and MD Paul Anderson, and CFO Jim Piper for an investor briefing on Monday 20 April 2026. The session will include a review of the March quarter results and an operational update covering the U.S. rollout of Remplir™ and its use in prostate cancer surgery in Australia.
📆 Monday 20 April 2026
🕘 9:00am AWST | 11:00am AEST
Register to attend: https://us02web.zoom.us/webinar/register/WN_eJXEP9InTm6_Hra63gu9MA
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