Cellution Biologics Signs Definitive Agreement to Acquire SimpliDerm ADM Business From Elutia

July 17, 2026

Cellution Biologics Inc. has signed a definitive agreement to acquire Elutia Inc.’s SimpliDerm hydrated human acellular dermal matrix (ADM) business. The deal consideration is $8 million paid at closing plus up to $3 million in transition and commercial milestone payments over 18 months, with closing expected in the second half of 2026 (subject to customary conditions).

Buyers
Cellution Biologics Inc.
Targets
Elutia Inc.'s SimpliDerm hydrated human acellular dermal matrix (ADM) business
Sellers
Elutia Inc.
Location
United States
Transaction Type
Divestiture

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