Polynovo Ltd.
Industry Group: Pharmaceuticals
Country/Region: Australia
Identifier: ASX:PNV
Polynovo earns most of its revenue from US sales of its NovoSorb Biodegradable Temporizing Matrix, or NovoSorb BTM. The product is a patented biodegradable synthetic scaffold to support the regeneration of the dermis when lost through surgery, trauma, burns, or other causes of tissue loss. Once the product is applied to a wound, it takes a few weeks for the dermal layer to fully integrate within the polymer scaffold before a clinician can delaminate the outer layer. A small wound would then close either naturally or with a dressing, while a larger wound would close through a split-skin graft or alternative product such as Avita’s RECELL. NovoSorb BTM then slowly degrades to harmless byproducts which are fully absorbed in roughly 18 months.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Pharmaceuticals 478 out of 850
Universe
Global Universe 10526 out of 15080
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Prothena Corp. Plc |
23.2
Medium
|
145 out of 850 |
| Mesoblast Ltd. |
26.1
Medium
|
254 out of 850 |
| Relay Therapeutics, Inc. |
26.4
Medium
|
274 out of 850 |
| Wuhan Keqian Biology Co., Ltd. |
28.9
Medium
|
429 out of 850 |
| Polynovo Ltd. |
29.8
Medium
|
478 out of 850 |
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