PolarityTE, Inc. (NasdaqCM:PTE) announced that the Board of Directors has formed a strategic review committee with a view to enhancing shareholder value. The committee will focus on reviewing operational strategies and practices that advance the regulatory process for SkinTE and future financings, if any, that may be helpful in advancing the Company's strategies and making recommendations to the Board. The committee also has the authority to review the Company's potential strategic opportunities and transactions that may arise in the future and make recommendations to the Board regarding those matters, as appropriate. Peter Cohen, Chairman of the Board, commented, "The Board of Directors is committed to maximizing shareholder value and believes the Company's lead asset, SkinTE, offers tremendous benefits to patients suffering from debilitating wounds." Mr. Cohen continued, "The Board believes that, working with the FDA, the pursuit of a BLA for SkinTE is the right path to improving shareholder value in the future".