SLIDE 1 The Journey to Mainstream
Rosemary Cunningham Thomas, CEO Serendipity Ixora AGM 8 June 2016
The Journey to Mainstream Rosemary Cunningham Thomas, CEO - - PowerPoint PPT Presentation
The Journey to Mainstream Rosemary Cunningham Thomas, CEO - - PowerPoint PPT Presentation
The Journey to Mainstream Rosemary Cunningham Thomas, CEO Serendipity Ixora AGM 8 June 2016 100 Surgeries 3 47/15/4 Patients > 1 year Patients > 2 years Patients > 3 years 5 0% Revision rate 6 with clinical results now
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SLIDE 3
100
3 Surgeries SLIDE 4
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47/15/4
5 Patients > 1 year Patients > 3 years Patients > 2 years SLIDE 6
0%
6 Revision rate SLIDE 7 …with clinical results now presented…
- Clinical results now presented at two key
- In total, we now have 1 year data on 24
- Results show;
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Episurf Medical’s goals and objectives are to mainstream patient-specific treatment options as a new standard within the orthopaedic industry
Our ambition is to achieve 10% market penetration of the treatment market for Grade III-IV cartilage lesions
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1. The Orthopaedic industry annual report 2015, publish by Orthoworld 2. The Orthopaedic industry annual report 2015, publish by Orthoworld
The treatment options and the players
Individuals suffering from knee joint injuries are referred to one of several existing treatment methods, however all suffering from one or several weaknesses or limitations
Lesion size Age of patient
Larg e Medium Small 30 70 50
Total knee replacement Mosaic- plasty Micro- fracture surgery Partial knee replacement ACI
Existing treatment methods based o n biological interventions Often referred to non- surgical treatment methods Highly invasive and – “something you only do once” Knee 49%
Hips 41% Extremities 10%
Zimmer Biomet 34% Stryker 22% DePuy Synthes 19% Smith & Nephew 11%
Other 14%
The joint reconstruction market, $16.5bn1 Market shares – knee reconstruction market, $8.0bn2
~50,000 ~250,000
SLIDE 10 Advancing on the Technology Adoption Curve
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What we achieve during the early adoption phase will give us access to 85% of the remaining market
We are commercialising a novel technology, in a previously untreated patient group, in a traditionally conservative sector – orthopaedic implants.
Innovators 2,5% Early adopters 13,5% Early majority 34% Late Majority 34% Laggards 16%
Episurf Medical is exactly at the correct point of advancing through the initial stages of the technology adoption curve
» Clinical evidence – 1 year data » Credibility with early adopters » Generating early revenue » 5 CE-approved products » 100 implants First implant in human December 2012
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First sales people started Q3 2014
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The “tipping point”
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SLIDE 11 Leif Ryd, Associate Professor
Orthopaedic surgeon with a long career in clinical research, focusing on osteoarthritis (OA). Former professor at Karolinska Institutet in Stockholm
Clinical Advisory Board
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Episurf has an active KOL-strategy, and in 2015 the company formed an experienced and international Clinical Advisory Board
Johannes Holz, Dr Med
Specialist in
- rthopaedics and trauma
SLIDE 12 A global strategy
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Episurf is currently executing its European commercialization strategy while also preparing a US entry strategy
Europe
- 100 implants across Europe
- Direct sales force focusing on Germany, the
- Current focus towards Germany and the UK
- Re-imbursement
- IP and patent portfolio
- Regulatory analysis pending
- 510(k) vs PMA
- Market access options are being evaluated
- Re-imbursement
- IP and patent portfolio
SLIDE 13 2016 Strategic Initiatives
» Consistent commercial execution » Continued product and service innovation via our
proprietary technology platform» Producing scientifically robust clinical evidence » Pursue the relevant regulatory and reimbursement
pathways to support geographical expansion including an entry strategy into the US 13 SLIDE 14 14
The status quo The future
Thank you!