Vericel Corporation (Vericel), formerly Aastrom Biosciences, Inc., is a clinical-stage biotechnology company. The Company develops patient-specific expanded cellular therapies for use in the treatment of patients with severe diseases and conditions. It is a regenerative medicine company focused on the development of cell therapies to repair or regenerate damaged or diseased tissues. It markets two autologous cell therapy products in the United States: Carticel (autologous cultured chondrocytes), an autologous chondrocyte implant product for the treatment of cartilage defects in the knee, and Epicel (cultured epidermal autografts), an autologous permanent skin replacement for the treatment of severe burns. Vericel also develops MACI, a third-generation autologous chondrocyte implant for the treatment of cartilage defects in the knee, and ixmyelocel-T, a patient-specific multicellular therapy for the treatment of advanced heart failure due to ischemic dilated cardiomyopathy(DCM).