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PolarityTE (PTE) is a commercial-stage biotech in the regenerative medicine field, where until now there has been much more promise than results. If new management can execute they have an insane amount of runway on their first commercial product, SkinTE, a replacement for split-thickness skin grafts (STSGs).
This quarter saw a bit of turmoil. There is a newish management team, who were all previously part of the company, but the CEO and founder is on indefinite leave.