Tela Bio Inc

NASDAQ TELA

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Tela Bio Inc Current Assets 2 year CAGR for the quarter ending March 31, 2024: 11.54%

Tela Bio Inc Current Assets 2 year CAGR is 11.54% for the quarter ending March 31, 2024, a 173.74% change year over year. Current Assets are assets that are expected to be converted into cash or used within one year. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Tela Bio Inc Current Assets for the quarter ending March 31, 2023 was USD 53.50 M, a 6.30% change year over year.
Tela Bio Inc Current Assets for the quarter ending March 31, 2022 was USD 50.33 M, a -33.08% change year over year.
Tela Bio Inc Current Assets for the quarter ending March 31, 2021 was USD 75.20 M, a 35.96% change year over year.
Tela Bio Inc Current Assets for the quarter ending March 31, 2020 was USD 55.31 M, a 143.10% change year over year.

NASDAQ: TELA

Tela Bio Inc

CEO	Mr. Antony Koblish
IPO Date	Nov. 8, 2019
Location	United States
Headquarters	1 Great Valley Parkway, Malvern, PA, United States, 19355
Employees	227
Sector	Healthcare
Industry	Medical devices

Description

TELA Bio, Inc., a commercial-stage medical technology company, focuses on providing soft-tissue reconstruction solutions that optimize clinical outcomes by prioritizing the preservation and restoration of the patient's anatomy. The company provides a portfolio of OviTex Reinforced Tissue Matrix (OviTex) products for hernia repair and abdominal wall reconstruction; and OviTex PRS Reinforced Tissue Matrix products to address the unmet needs in plastic and reconstructive surgery, as well as OviTex for Laparoscopic and Robotic Procedures, a sterile reinforced tissue matrix derived from ovine rumen with polypropylene fiber intended to be used in laparoscopic and robotic-assisted hernia surgical repairs. It markets its products through a single direct sales force, principally in the United States. The company was incorporated in 2012 and is headquartered in Malvern, Pennsylvania.

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