TRUE MINIMALLY INVASIVE SPINAL FUSION SYSTEM - OFER LEVY, CEO July 2019

Page created by Carl Perkins
 
CONTINUE READING
TRUE MINIMALLY INVASIVE SPINAL FUSION SYSTEM - OFER LEVY, CEO July 2019
TRUE MINIMALLY
                                   INVASIVE SPINAL
                                   FUSION SYSTEM
                                   OFER LEVY, CEO
                                   July 2019

© All rights reserved to ZygoFix                    www.ZygoFix.com
TRUE MINIMALLY INVASIVE SPINAL FUSION SYSTEM - OFER LEVY, CEO July 2019
Legal disclaimer
    IMPORTANT NOTICE
    This presentation has been prepared by ZygoFix Ltd. (the “Company”) solely for informational purposes. The information contained
    herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be
    complete or to contain all of the information a prospective or existing investor may desire. In all cases, interested parties should conduct
    their own investigation and analysis of the Company and the data set forth in this information. The Company has prepared this
    presentation based on information available to it, including information derived from public sources that have not been independently
    verified. The Company makes no representation or warranty as to the accuracy or completeness of this information and shall not have
    any liability for any representations (expressed or implied) regarding information contained in, or for any errors omissions in, this
    presentation. This presentation includes certain statements and estimates provided by the Company with respect to the projected future
    performance of the Company. Such statements, estimates and projections reflect various assumptions by management concerning
    possible anticipated results, which assumptions may or may not be correct. No representations are made as to the accuracy of such
    statements, estimates or projections. This presentation may contain statements that are not historical facts, referred to as “forward
    looking statements.” The Company’s actual future results may differ materially from those suggested by such statements. No assurance
    can be given that future events will occur or that projections will be achieved. Past performance is not a reliable indication of future
    performance. This presentation is not, and nothing in it should be construed as, an offer, invitation or recommendation in respect of the
    Company’s securities, or an offer to sell, or a solicitation of an offer to buy, the Company’s securities in any jurisdiction. Neither this
    presentation nor anything in it shall form the basis of any contract or commitment. Prospective investors should not construe the
    contents of this presentation as business, legal, tax, investment or other advice. Each prospective investor should make his, her or its
    own inquiries and consult his, her or its own advisors as to the appropriateness and desirability of an investment in the Company and as
    to business, legal, tax and related matters concerning an investment in the Company.
    An investment in the Company shall be allowed only to such number and category of investors in accordance with applicable laws and
    regulations and pursuant to a predetermined process. Accordingly, detailed information in connection with the investment shall be
    revealed and delivered only to a limited number of qualifying investors as provided by law.

2
TRUE MINIMALLY INVASIVE SPINAL FUSION SYSTEM - OFER LEVY, CEO July 2019
ZYGOFIX, IN BRIEF
         ZygoFix’s zLOCK is the first and only screw-less implant for
         spinal joint fusion

     Successful       Winner of the        3 patents         Investor
      Clinical         2017 Spine         (1 issued in
    Study w. 12        Technology              EU)
     month FU            Award

3
TRUE MINIMALLY INVASIVE SPINAL FUSION SYSTEM - OFER LEVY, CEO July 2019
Lower Back Disorders Cause Severe Pain

      Spondylolisthesis
      Degenerative Disc Disease
      Spinal Stenosis
      SI Dysfunction

4
TRUE MINIMALLY INVASIVE SPINAL FUSION SYSTEM - OFER LEVY, CEO July 2019
Spinal Fusion May Be Required

                                 Lumbar Fusion                                                        SI (Sacrum Ilium) Fusion

    Images (from left to right): (1) weillcornellbrainandspine.org; (2) http://www.k2m.com; (3) SI Bone

5
TRUE MINIMALLY INVASIVE SPINAL FUSION SYSTEM - OFER LEVY, CEO July 2019
Current Industry Standard - Pedicle Screws
        Invasive procedure
        (2-3 incisions per side)

        Risk of screw
        misplacement

        Complex and time
        consuming

     Mission: simplify spinal fusion with screw-less technology
             for great outcomes in outpatient surgery

6
TRUE MINIMALLY INVASIVE SPINAL FUSION SYSTEM - OFER LEVY, CEO July 2019
Introducing ZygoFix’s zLOCK:
        3D Printed Miniature Implant
    Small, screwless spinal implant inserted   IN the joint

                                        zLOCK utilizes our anatomy and
                                          eliminates the need to use
                                               screws and rods!
               Facet joint

7
TRUE MINIMALLY INVASIVE SPINAL FUSION SYSTEM - OFER LEVY, CEO July 2019
Rigid and Flexible Combined
    The only implant capable of following the joint’s anatomy

                                         zLOCK in clinical use

8
TRUE MINIMALLY INVASIVE SPINAL FUSION SYSTEM - OFER LEVY, CEO July 2019
Technology and Material

    • Medical grade Titanium [Ti]
    • Fully 3D printed (low COGS)
    • Porous Design
    • First flexible spinal implant

9
TRUE MINIMALLY INVASIVE SPINAL FUSION SYSTEM - OFER LEVY, CEO July 2019
zLOCK Surgical Procedure
 Procedure animation
                                                   Percutaneous
                                                   approach

                                                   Easy and quick
     www.zygofix.com
                                                   positioning in the
     https://www.youtube.com/watch?v=vHw3cOKn_HM
                                                   facet space

                                                   Suitable for
                                                   outpatient
                                                   procedure for
                                                   certain indications!

10
zLOCK System Advantages

                     Less
                   invasive
                  procedure      Fits any
                                   joint
                                 anatomy

                                 Reduced
                                procedure
                     Easy       complexity
                    & quick
                  positioning

11
Successful 12 Months Follow-up

                                Entered clinical phase in April 2018

                                “patient doing extremely well and reports
                                no pain! I can hardly believe it... I could
                                discharge the patient even today!
                                Practically no blood loss.”

                                Principal investigator (1 day after FIM surgery)

     12 months post op. x-ray

12
US Market Opportunity

                                                                                         TAM US              TAM US ($)
                                                                                      (Procedures)
                                                                Facet Fusion            200,000                  600M

                                                                  SI Fusion              17,000                  68M

                                                                    Total:                                       $668M

                                                             Considering
                                                             • $2,000 per SI implant, 2 implants per procedure
                                                             • $1,500 per Facet implant, 2 implants per procedure
                                                             • World market is estimated as X2 of US

 (sources) ONN Spine Report October 2017; Spinemarket data

13
Market Traction
     Interest in zLOCK from a wide range of interventional spine
     professionals:
     • 50+ inquiries from surgeons and distributors interested in
       use/ distribution in 16 different countries, 20+ from US
     • Awarded 2017 Spine Technology Award
     • Received seal of Excellence from prestigious European
       H2020 Program

14
Regulatory Strategy

     FDA:                                     CE:
     1. SI Fusion – 510k [Q4/20]              Facet Fusion – class IIb
     2. Facet Fusion – 510k                   (w. clinical data) [Q4/21]
       (w. clinical data)*

     * Based on MRCA regulatory consultancy

15
IP - Portfolio of 3 Patents

          Basic implant              PCT                        PCT
     01                         02                         03
          design patent              application                application
           Approved in EU                                      for main surgical
                                     for alternative
           Submitted                implant designs            technique tool
            nationally to US,        (filed Nov. 2017)          (filed Nov. 2017)
            China, Japan,
            Brazil
                WO2017046667                WO2019111175

16
Timeline & Task Costs
                  FIM Clinical    FIM 1 Year
     Company
                  Study (Lumbar   FU (Lumbar
     inception
                  Fusion)         Fusion)

           2017     2018            2019                 2020           2021              2022

                                           Q3/19                Q4/20           Q4/21            FDA Clearance
                                           Israel study         FDA Clearance   CE Certification (Facet fusion)
                                           Site initiation      (SI fusion)     (Facet fusion)
                                           (Facet fusion)

17
Management                ZygoFix’s Team
                   Ofer Levy,          Uri Arnin,                        Prof. Yizhar Floman
                   CEO                 Co-founder, CTO                   Co-founder, Medical Director

                   Todd Dollinger,         Barak
      Board

                   Chairman                Singer                        Prof. Yizhar
                                                     Uri Arnin
                                                                         Floman

                   Adam              Ira                         Babak                         Jon
     Advisory
      Board

                   Lewis, MD         Fedder, MD                  Barcohana,                    Luedke
                   (USA)             (USA)                       MD (USA)                      (USA)

18
THANK YOU!
 ofer@zygofix.com
 www.ZygoFix.com
You can also read