Full-Time
Specializes in peripheral nerve repair devices
$141.8k - $173.3k/yr
Philadelphia, PA, USA
Hybrid
Candidate must reside in Boston, New York City, New Jersey, Philadelphia, or Baltimore. Travel up to 70% with overnight travel expected.
Bachelor's, MBA
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Axogen develops and sells surgical solutions specifically for repairing peripheral nerve damage. The company’s products, such as the Avance Nerve Graft, work by using processed human donor tissue to bridge gaps in severed nerves, while its Axoguard line provides protective wraps and connectors to shield nerves during the healing process. Unlike traditional methods that require a second surgery to harvest a patient's own healthy nerve, Axogen provides ready-to-use grafts that eliminate additional surgical trauma and potential lasting damage at a donor site. The company's goal is to provide surgeons with a comprehensive platform of clinically proven tools to restore nerve function and improve the quality of life for patients with nerve injuries.
Company Size
501-1,000
Company Stage
IPO
Headquarters
Alachua, Florida
Founded
2002
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Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Paid Vacation
Paid Holidays
Employee Stock Purchase Plan
Tuition Reimbursement
Paid Parental Leave
Paid Caregiver Leave
Basic Life Insurance
Supplemental Life Insurance
Disability Insurance
Axogen reported second-quarter 2026 sales of $69.73 million and a net loss of $1.52 million. The company raised its full-year 2026 revenue outlook to at least $279 million, implying revenue growth of at least 24%. Breast reconstruction became a key driver, accounting for more than half of quarterly revenue. This growth is reshaping Axogen's product mix and margin profile. The upgraded guidance underscores momentum in procedure adoption. However, investors face ongoing risks from margin pressure, higher operating costs, and potential reimbursement uncertainty. Axogen's narrative projects $395.3 million revenue and $16.1 million earnings by 2029, requiring 18.4% annual revenue growth. Simply Wall St Community members value the shares between $47.85 and $51.67.
Trace Biosciences has received a strategic investment from Axogen, the global leader in surgical solutions for peripheral nerve restoration, to advance its Nerve Trace imaging technology through clinical development. The investment forms part of Trace's Series A financing round. Nerve Trace is a near-infrared fluorescence imaging technology that provides real-time visualisation of nerves during surgery, enabling surgeons to identify and avoid nerves obscured by surrounding tissue and to assess injured nerves more precisely. Trace's lead candidate, Nerve Trace Dx, received FDA clearance for its Investigational New Drug application in December 2025 and has begun Phase I clinical trials. Proceeds will support Phase II and III trials towards a New Drug Application. "This investment strengthens our ability to advance Nerve Trace through clinical work ahead," said Connor Barth, Co-Founder and CEO of Trace Biosciences.
Axogen's strategic investment puts spotlight on Trace's Nerve Imaging technology. 29 July 2026, 8:46 AM Landmark collaboration promises next-generation nerve visualization in surgery. Axogen (NASDAQ:AXGN), the recognized leader in peripheral nerve repair solutions, has taken a strategic leap by investing in Trace Biosciences' Series A round. Trace is developing the Nerve Trace, a novel near-infrared fluorescence imaging agent designed to give surgeons real-time, direct visualization of nerves during procedures - a capability that could fundamentally alter the standard of care. Why this technology stands out: making nerves visible, protecting function. One of the biggest challenges in nerve surgery is that vital structures are frequently hidden by tissue, increasing the risk of accidental damage. Trace's Nerve Trace aims to solve this problem at its root. By lighting up nerves in real time, it gives surgeons the ability to identify, avoid, or precisely repair them - even when normal vision fails. The technology could reduce complications and improve surgical outcomes for patients recovering from trauma or undergoing complex procedures. Trace Biosciences is already moving forward. Its lead candidate, Nerve Trace Dx, began Phase I clinical trials after FDA clearance of its IND in December 2025. The investment by Axogen will power Phase II and III trials, ultimately aiming for regulatory approval and commercial launch. | Key Technology | Stage | Intended Benefit | Funding Purpose | | Nerve Trace Dx (Real-Time Nerve Imaging) | Phase I Clinical Trial (Post-IND Clearance) | Improved nerve identification and repair in surgery | Advance to Phase II & III trials | Strategic rationale: aligning innovation with standard of care. For Axogen, the investment is more than financial - it's mission-driven. As CEO Michael Dale puts it, "Improving nerve care starts with being able to see the nerve. You can't treat what you can't see." This collaboration is a logical extension of Axogen's portfolio, which already includes products such as Avance(R) Nerve Graft and Axoguard(R) Nerve Connector for nerve reconstruction. Integrating imaging into the surgical workflow complements Axogen's goal of restoring nerve function as a routine standard. Implications for surgeons and patients: raising the bar for nerve care. Trace Biosciences and Axogen are betting that real-time nerve visualization can become as integral to surgery as advanced imaging is today for other fields of medicine. Surgeons could soon have a tool that not only helps prevent nerve injury, but also facilitates more precise repairs. The partnership leverages Trace's innovation and Axogen's commercial and clinical expertise, potentially accelerating adoption if upcoming trials prove successful. Key takeaways: A strategic bet on smarter, safer surgeries. This investment signals that industry leaders see significant value - and a clinical need - for nerve-specific imaging in surgery. For investors and clinicians, it's a trend worth following. The pace of Trace's clinical progress and Axogen's hands-on involvement may set a roadmap for broader shifts in surgical care standards. Watch this collaboration as it unfolds; it could fundamentally improve patient outcomes and surgical precision in the years ahead. Contact Information: If you have feedback or concerns about the content, please feel free to reach out to Market Chameleon via email at [email protected]. About the Publisher - Marketchameleon.com: Marketchameleon is a comprehensive financial research and analysis website specializing in stock and options markets. Market Chameleon leverage extensive data, models, and analytics to provide valuable insights into these markets. 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AxoGen, a peripheral nerve repair company, said its growth strategy remains intact despite uncertainty around the timing of recent reimbursement wins. CEO Michael Dale said the company expects positive impacts from coverage decisions and a 40% CMS outpatient rate increase effective January 2026, but cannot yet quantify the financial benefit. Dale said adoption requires provider education and contract negotiations, which take time. Aetna remains the last major payer pending a decision, expected by end of June. The company maintained its double-digit growth outlook and reported 27% first-quarter growth. Gross margin is expected to bottom in the second quarter before improving. AxoGen plans to release clinical data from a prostate nerve repair pilot in the second half of 2026, which could inform future commercialisation plans.
Axogen, a medical technology company, has raised analyst price targets following first-quarter results that beat revenue forecasts. The company reported revenues of $61 million, exceeding expectations by 6.4%, whilst statutory losses of $0.38 per share were in line with predictions. Following the results, nine analysts now predict 2026 revenues of $270.9 million, representing 14% growth compared to the previous 12 months. Losses are expected to fall 35% to $0.39 per share. The average price target rose 23% to $41.22, suggesting analysts view current losses as temporary. Analysts forecast Axogen's revenue will grow at 19% annually through 2026, significantly faster than its historical 14% growth rate and the wider industry's projected 7.9% annual growth.