Senseonics Holdings, Inc. · NASDAQ:SENS
Senseonics — Investor Presentation (November 2024)
21 slides from Senseonics's investor presentation, November 2024
Slide 1: Eversense CGM System Corporate Overview
Eversense ® CGM System THE WORLD’S FIRST AND ONLY LONG-TERM CONTINUOUS GLUCOSE MONITORING SYSTEM Corporate Overview November 20241
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Any statements in this presentation about future expectations, plans and prospects for Senseonics and its business, including statements regarding managements plans, objectives and goals for future operations, expectations for future financial or other performance, stateme
Slide 3: Our Mission
OUR MISSION To transform lives in the global diabetes community with differentiated, long-term implantable glucose management technology. 3
Slide 4: Senseonics is targeting the large and growing Type 1 and Type 2 diabetes populations
Senseonics has the first and only fully-implantable continuous glucose monitor (CGM) Senseonics is targeting that lasts for one year The Eversense ® 365 CGM System was recently cleared by the FDA, with commercial launch the large and growing now underway Type 1 and Type 2 Addresses the top complaint
Slide 5: Management
MANAGEMENT Timothy Goodnow, PhD Mukul Jain, PhD President & Chief Chief Operating Officer Executive Officer Francine Kaufman, M.D. Rick Sullivan Chief Medical Officer Chief Financial Officer 5
Slide 6: High Growth Market: CGM Fastest Growing Diabetes Technology Segment
HIGH GROWTH MARKET CGM Fastest Growing Diabetes Technology Segment Globally* Actual Global CGM Market Size ~ 21% CAGR 14 $14.8 12 $20B+ Revenue in Billions ($) $12.2 10 Annual US Total $9.8 8 Addressable Market $8.1 $7.1 Opportunity** 6 $5.5 4 2 0 *Estimates for top 4 CGM companies (Dexcom, Abbott,
Slide 7: Eversense CGM System Addresses Unmet Needs as the First and Only
EVERSENSE CGM SYSTEM ADDRESSES UNMET NEEDS AS THE FIRST AND ONLY • CGM that lasts for 12 months vs. 10-14 days • Fully implantable 3rd generation sensor • CGM achieves 8.7% MARD* • Transmitter that is removable • System with on-body vibe alerts for hypo and hyper warnings • System with fresh, gentle
Slide 8: Strong and Expanding Reimbursement
STRONG AND EXPANDING REIMBURSEMENT ACCESS FOR OVER 300 MILLION LIVES Broad Commercial and Medicare coverage for both Product and Procedure Recent eligibility expansion extends medicare coverage to all individuals with diabetes who use insulin and non- insulin-taking patients at risk of hypoglycemia
Slide 9: Eversense US Patient Profiles
EVERSENSE US PATIENT PROFILES1 Capturing New Users and Switching Other CGM Users New Users by Over 3/4 of our US patients switched Diabetes Type from other CGM solutions² 23% New CGM User Type 1 33% Type 2 Type 1 Type 2 52% 48% 77% 67% Switched to Eversense 51% Dexcom 43% Libre 5% Medtronic Dissatis
Slide 10: Commercial Collaboration with Ascensia
COMMERCIAL COLLABORATION WITH ASCENSIA • Broad Partnership Features Global Commercialization and Financing Arrangements with Leader in BGM • ASCENSIA is the Exclusive Worldwide Distribution Partner for Eversense® 365 and Future Generation Products • Senseonics to Focus Streamlined Operations on Manu
Slide 11: Ascensia Diabetes Care – Senseonics Commercial Partner
Ascensia Diabetes Care – Senseonics Commercial Partner Three pillars commercial strategy Direct-to-Consumer Healthcare Professionals Hospital Systems Comprehensive Direct to Building a network of Initial Hospital System Consumer Marketing doctors and nurse Collaboration with Mercy Brian Hansen Campa
Slide 12: Eversense 365 Commercial Launch
Eversense 365 Commercial Launch 12
Slide 13: A Better Solution for Optimal Patient Care
A BETTER SOLUTION FOR OPTIMAL PATIENT CARE PATIENTS PROVIDERS Empowering Patients to Live a Life Uninterrupted Enabling Confident Clinical Decisions Longest Lasting CGM One CGM. One Year of Minimal Disruptions The only CGM that lasts for a year, while traditional The longest lasting and most dependa
Slide 14: Early Indicators of a Strong Eversense 365 Launch
EARLY INDICATORS OF A STRONG EVERSENSE 365 LAUNCH Social Media Impact Media Uptake 140 direct online BusinessWire reposts, reaching audience of 83 million 7,324 direct press release views on BusinessWire 8 articles in key Diabetes & Consumer Media outlets Direct-To-Consumer Leads 12 articles in top
Slide 15: Hospital System Opportunity Overview
HOSPITAL SYSTEM OPPORTUNITY OVERVIEW Market Potential Strategic Goals • Over 1,800 Accountable Care • Enhance quality of care – HEDIS diabetes $413B $413B Organizations • 400 health systems score improvement • Reduce avoidable hospital admissions and Total Cost of Total Cost of emergency visits and
Slide 16: Health System Solution with Mercy
HEALTH SYSTEM SOLUTION WITH MERCY Full Health System Solution • Eversense CGM • Full Year Uninterrupted Data • Enhanced Patient Compliance • Procedure Reimbursement • Eversense RPM • Proactive monitoring and intervention of patients at risk • Reimbursable Services • EON Care • Extended Reach Beyond
Slide 17: Eversense Projected Patient Ramp
Eversense Projected Patient Ramp Today nearly 10M patients utilize CGM 80,000 0.80% 70,000 0.70% 60,000 0.60% Eversense Patients Market Share Projected Break Even 50,000 0.50% 40,000 0.40% 30,000 0.30% 20,000 0.20% 10,000 0.10% - 0.00% 2023 2024 E 2025 E 2026 E 2027 E Patients Market Share Less than
Slide 18: Portfolio Overview & Planned Catalysts
PORTFOLIO OVERVIEW & PLANNED CATALYSTS 2024 2025 2026 2027 2028 Eversense® 365 Approval with CE Approval World’s first one-year sensor iCGM designation Expected Gemini One-year sensor with battery Complete Submit IDE Commercial for continuous and optional feasibility trial Launch point-in-time readi
Slide 19: Gemini System
GEMINI SYSTEM AUTONOMOUS SENSOR TESTING WITH DATA PROCESSING CAPACITY ENABLING 2 PRODUCTS FROM 1 PLATFORM Technology Enhanced ROME2 sensor with integrated battery; updated algorithm Use Case Full year use with 1 sensor and 1 cal/week Two unique products: Standalone CGM with therapeutic FGM transmitt
Slide 20: Freedom System
FREEDOM SYSTEM ELIMINATION OF TRANSMITTER BY INCORPORATING BLE IN THE SENSOR Technology Enhanced ROME2 sensor with integrated battery and BLE communication; updated algorithm Use Case Full year use with 1 sensor and 1 cal/week No transmitter included in the System Direct communication between sensor
Slide 21: Thank You
Thank You Corporate Overview November 2024 21
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