Highlights

  • Orthocell reported FY26 revenue of $13.2 million, a 44% increase.
  • June-quarter revenue reached $3.8 million, 20% above the March quarter.
  • Available funds at 30 June 2026 totalled $44.1 million.
  • US hospital access and surgical adoption of Remplir increased during the June quarter.
  • The company continued international regulatory and distribution activities for its collagen products.

Orthocell Limited (ASX:OCC) develops, manufactures and supplies regenerative medicine products for repairing nerve and other musculoskeletal tissue. Its collagen-based Remplir nerve repair device and Striate+ dental regeneration product form part of its commercial portfolio. During FY26, growth in product revenue coincided with an expanded United States distribution network and further international regulatory work.

FY26 Revenue and Cash Position

In its report for the quarter ended 30 June 2026, Orthocell Limited (ASX:OCC) disclosed full-year revenue of $13.2 million, up 44% from FY25. Revenue for the June quarter reached $3.8 million, compared with $3.2 million for the preceding March quarter. The June figure represented an increase of 36% against the corresponding quarter. These results reflected product adoption in existing territories and the expanding US commercial operation.

Available funds stood at $44.1 million on 30 June 2026. The company identified manufacturing expansion, product commercialisation and regulatory activity as uses for its financial resources. The funds figure is a reported period-end measure rather than a forecast of future cash availability, and expenditure on market development remains relevant to subsequent financial reporting.

Remplir Gains Access to More US Hospitals

US commercial activity centred on establishing surgeon access to Remplir. Orthocell Limited (ASX:OCC) said its distributor network covered approximately half of the US population at the end of the June quarter. Hospital Value Analysis Committee approvals increased to 44, providing access to 151 hospitals, while a further 64 applications were in progress. Such committees assess products before their use within individual hospitals.

The company reported 70 US hospitals purchasing Remplir and 76 surgeons using it. June-quarter unit sales were 119, and US revenue was $0.33 million. Approval to supply Remplir across US Department of Defense and Veterans Affairs healthcare networks expanded institutional access. Access and actual purchases are distinct commercial measures.

How the Collagen Platform Supports Nerve Repair

Remplir is a resorbable type I collagen device designed for use in peripheral nerve repair and related surgical procedures. Orthocell Limited (ASX:OCC) describes its collagen architecture as a scaffold that supports the healing environment around an injured nerve. The membrane is intended to protect the repair site; its use does not, by itself, establish a particular clinical outcome for every patient.

International Access and Clinical Work

Orthocell Limited (ASX:OCC) reported distributor appointments in Canada and Thailand in its June-quarter update. It also said regulatory approval had been obtained for Striate+ in Colombia and Ecuador. Remplir regulatory work continued for the United Kingdom and European Union, with the company indicating that approvals were anticipated by the end of calendar 2026. That timing was guidance, not a completed regulatory event.

In Australia, more than 250 nerve-sparing prostate surgery procedures using Remplir were reported across 39 surgeons. Orthocell also described ongoing clinical data collection and a US tendon-repair regulatory programme.

Commercial and Operational Considerations

For Orthocell Limited (ASX:OCC), the conversion of hospital access into repeat product orders is an important operational distinction. Other considerations include distributor execution, production capacity, clinical evidence, hospital procurement processes and regulatory decisions. Product availability across different markets does not mean the same indications or reimbursement arrangements apply in each jurisdiction.

Key Insights

Orthocell’s FY26 results show a growing revenue base alongside a wider US hospital and surgeon footprint for Remplir. The company’s reported $44.1 million in available funds provides a dated view of its resources as it undertakes manufacturing and market expansion. Its commercial progress, clinical work and outstanding regulatory applications are separate developments that require continued disclosure to assess.