LifeHealthcare Group (ASX:LHC): Full Year 2017 Results Presentation

Company Presentations


Highlights:

* Continued active surgeon growth
- Additional 14 active surgeons in FY17 bringing total to 137 active surgeons
- 10.5% growth in implants through penetration in complex lower limb orthopaedics, minimally invasive spine and spinal robotics

* Leverage of 3D printed portfolio
- Market leader in 3D printed interbody spine devices, with 197% growth in FY17 and launch of Cascadia 3D printed lateral interbody implants from K2M
- Assisted Australian surgeons to perform 21 patient specific custom procedures for limb salvage in complex lower limb orthopaedics

* Penetration in robotics and imaging
- Three spinal robotic systems installed in FY17 bringing installed base to seven, the largest installation base per capita outside of the United States
- BodyTom interoperative mobile full body CT scanner installed at Epworth and CereTom mobile cranial CT scanner installed in Australia’s first mobile stroke ambulance

* Continued growth in orthopaedics
- Strong growth across complex revision, limb lengthening and limb salvage applications, with particularly strong growth in synthetic biologics offering
- Acquisition of Oceania Orthopaedics on 31 July 2017 strengthens LifeHealthcare’s market position to number two in complex lower limb orthopaedics with a market leading offering in tumour & trauma

* Momentum in biologics
- Continued penetration of synthetic biologics portfolio driving market share gains with Cerapedic’s peptide enhanced bone graft material iFactor across spine and orthopaedics
- Successful launch of allograft biologics in New Zealand, which has a different regulatory approval pathway than Australia

* Performance of acquisitions
- Revenue growth in point of care ultrasound following the acquisition of M4 Healthcare in FY15
- Penetration in interventional cardiology driven by the launch of iFR diagnostic technology and following the acquisition of Medical Vision Australia in FY16

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?