Elutia (ELUT) SC 13D AZIYO BIOLOGICS / HIGHCAPE PARTNERS ownership change

Exhibit 1

Joint Filing Agreement

In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that they are jointly filing this statement on Schedule 13D. Each of them is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of the 20^th day of December, 2021.

HIGHCAPE CAPITAL, L.P.
By:	/s/ W. Matthew Zuga
Name: W. Matthew Zuga
Title:   Managing Member
HIGHCAPE PARTNERS, L.P.
By:	/s/ W. Matthew Zuga
Name: W. Matthew Zuga
Title:   Managing Member
HIGHCAPE PARTNERS QP, L.P.
By:	/s/ W. Matthew Zuga
Name: W. Matthew Zuga
Title:   Managing Member
HIGHCAPE PARTNERS GP, LLC
By:	/s/ W. Matthew Zuga
Name: W. Matthew Zuga
Title:   Managing Member
HIGHCAPE PARTNERS GP, L.P.
By:	/s/ W. Matthew Zuga
Name: W. Matthew Zuga
Title:   Managing Member

HIGHCAPE CO-INVESTMENT VEHICLE I, LLC
By:	HighCape Partners GP, L.P., its general partner
By:	HighCape Partners GP, LLC, its general partner
By:	/s/ W. Matthew Zuga
Name: W. Matthew Zuga
Title:   Managing Member
HIGHCAPE CO-INVESTMENT VEHICLE II, LLC
By:	HighCape Partners GP, L.P., its general partner
By:	HighCape Partners GP, LLC, its general partner
By:	/s/ W. Matthew Zuga
Name: W. Matthew Zuga
Title:   Managing Member
HIGHCAPE CAPITAL, LLC
By:	/s/ W. Matthew Zuga
Name: W. Matthew Zuga
Title:   Managing Member
/s/ W. Matthew Zuga
Name: W. Matthew Zuga
/s/ Kevin Rakin
Name: Kevin Rakin