Establishment Labs Publishes 2024 Post Market Surveillance Report
15 Oktober 2024 - 2:00PM
Business Wire
Establishment Labs Holdings Inc. (NASDAQ: ESTA), a global
medical technology company dedicated to improving women’s health
and wellness, principally in breast aesthetics and reconstruction,
announced that it has published its 2024 Post Market Surveillance
(PMS) Report.
“It is fitting that as we publish our 2024 PMS report, we begin
broadly shipping across the United States,” said Juan José
Chacón-Quirós, Establishment Labs CEO and Founder. “Dozens of
plastic surgeons will perform their first Motiva surgery in the
coming days, and they are actively talking about the advantages of
Motiva Implants on social media. Many women are responding,
accepting only Motiva Implants for their surgery. Not surprisingly,
after well over a decade without any innovation, the market demand
for Motiva is very strong and, while early, we couldn’t be happier
with the launch. The PMS amasses a body of clinical and scientific
evidence unrivaled in our industry, and this foundation has enabled
Motiva to become the market share leader in many countries around
the world — I expect no less in the United States.”
Rosalyn Cole d´Incelli, SVP of Clinical, Medical & U.S.
Regulatory Affairs added, “Motiva implants continue to show
unmatched performance, with device-related complication rates of
less than 1% after 14 years in the market. This is reported in our
internal registries and warranty claims, international registries,
independent and peer-reviewed publications, and now from the gold
standard of a US FDA study — all of which are included in the 2024
Post Market Surveillance Report we published this week. The
consistency of these results across many years and many sources
confirms that we have truly set a new standard for what plastic
surgeons and women should expect from the implants they
choose.”
Establishment Labs’ Post Market Surveillance Report can be found
on the company’s website at:
https://establishmentlabs.com/science-based-innovation/pms-report/.
About Establishment Labs
Establishment Labs Holdings Inc. is a global medical technology
company dedicated to improving women’s health and wellness through
the power of science, engineering, and technology. The Company
offers a portfolio of Femtech solutions for breast health, breast
aesthetics and breast reconstruction. The nearly four million
Motiva® devices Establishment Labs has delivered to plastic and
reconstructive surgeons since 2010 have created a new standard for
safety and patient satisfaction in the over 85 countries in which
they are available. The Motiva Flora® tissue expander is used to
improve outcomes in breast reconstruction following breast cancer
and it is the only regulatory-approved expander in the world with
an integrated port using radio-frequency technology that is MRI
conditional. Mia Femtech™, Establishment Lab’s unique minimally
invasive experience for breast harmony, is the Company’s most
recent breakthrough innovation. These solutions are supported by
over 200 patent applications in 20 separate patent families
worldwide and over 100 scientific and clinical studies and
publications in peer reviewed journals. Establishment Labs
manufactures at two facilities in Costa Rica compliant with all
applicable regulatory standards under ISO13485:2016 and FDA 21 CFR
820 under the MDSAP program. Please visit our website for
additional information at www.establishmentlabs.com.
Forward-Looking
Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended (the “Exchange Act”). You can find many (but not all) of
these statements by looking for words such as “approximates,”
“believes,” “expects,” “anticipates,” “estimates,” “intends,”
“plans,” “intends to,” “would,” “will,” “may” or other similar
expressions in this press release. Any statements that refer to
projections of our future financial or operating performance,
anticipated trends in our business, our goals, strategies, focus
and plans, including related product development and
commercialization and regulatory approvals, and other
characterizations of future events or circumstances, including
statements expressing general optimism about future operating
results, related to the company’s performance are forward-looking
statements. We claim the protection of the safe harbor contained in
the Private Securities Litigation Reform Act of 1995. We caution
investors that any forward-looking statements presented in this
report, or that we may make orally or in writing from time to time,
are expressions of our beliefs and expectations based on currently
available information at the time such statements are made. Such
statements are based on assumptions, and the actual outcome will be
affected by known and unknown risks, trends, uncertainties, and
factors that are beyond our control. Although we believe that our
assumptions are reasonable, we cannot guarantee future performance,
and some will inevitably prove to be incorrect. As a result, our
actual future results and the timing of events may differ from our
expectations, and those differences may be material. Factors, among
others, that could cause actual results and events to differ
materially from those described in any forward-looking statements
include risks and uncertainties relating to: our ability to
successfully, timely and cost-effectively develop, seek and obtain
regulatory clearance for and commercialize our product offerings;
the rate of adoption of our products by healthcare providers or
other customers; the success of our marketing initiatives; the safe
and effective use of our products; our ability to protect our
intellectual property; our future expansion plans and capital
allocation; our ability to expand upon and/or secure sources of
credit or capital; our ability to develop and maintain
relationships with qualified suppliers to avoid a significant
interruption in our supply chains; our ability to attract and
retain key personnel; our ability to scale our operations to meet
market demands; the effect on our business of existing and new
regulatory requirements; and other economic and competitive
factors. These and other factors that could cause or contribute to
actual results differing materially from our expectations include,
among others, those risks and uncertainties discussed in the
company’s annual report on Form 10-K filed on March 4, 2024 and
will be discussed in the company's quarterly report on Form 10-Q
filed on August 7, 2024, which risks and uncertainties may be
updated in the future in other filings made by the company with the
Securities and Exchange Commission. The risks included in those
documents are not exhaustive, and additional factors could
adversely affect our business and financial performance. We operate
in a very competitive and rapidly changing environment. New risk
factors emerge from time to time, and it is not possible for us to
predict all such risk factors, nor can we assess the impact of all
such risk factors on our business or the extent to which any
factor, or combination of factors, may cause actual results to
differ materially from those contained in any forward-looking
statements. We are not undertaking any obligation to update any
forward-looking statements. Accordingly, investors should use
caution in relying on past forward-looking statements, which are
based on known results and trends at the time they are made, to
anticipate future results or trends.
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version on businesswire.com: https://www.businesswire.com/news/home/20241015685312/en/
Investor/Media Contact: Raj Denhoy 415 828-1044
rdenhoy@establishmentlabs.com
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