Investor Presentaiton
With the acquisition of Nine Continents, we are executing on the option
to enter the attractive OAB market with Intibia
Overactive bladder (OAB) market
+80m people globally suffer from OAB symptoms
~40% of the OAB patient population seek treatment
-3m are candidates for 3rd line therapies¹)
1bn USD 3rd line therapies market, growing high-single digits
Why Implantable Tibial Nerve Stimulation (ITNS)?
Less invasive
procedure than SNS
Less time-intensive
Established data on tibial
nerve stimulation efficacy
ITNS complete in single procedure
Procedure under local anesthesia
No need for patients to make regular visits
Providers can treat patients in one session
PTNS established clinical efficacy
Urologist familiar with PTNS story
Nine Continents Medical Inc
NINE CONTINENTS
MEDICAL
Nine Continents Medical Inc is an early-stage company pioneering an implantable tibial nerve
stimulation treatment for over-active bladder
The device is an implantable tibial nerve stimulator (ITNS), a miniaturized, self-powered unit
placed in the lower leg under local anesthesia during a short, minimally invasive procedure
Coloplast began pivotal studies in early 2022, with the ambition to obtain pre-market approval
for a Class III device in the US and EU market. Launch expected in 2025/2026
Transaction
The acquisition price consists of a USD 145 million upfront cash payment and an additional
contingent future milestone payment
The acquisition is debt financed using existing credit facilities and has no impact on Coloplast's
dividend policy or long-term financial guidance
Why Coloplast's ITNS solution?
✓ No need for patient
compliance in therapy
Long battery life
✓ Focused stimulation field
near target nerve
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1) Existing 3rd line therapies for OAB includes sacral neuromodulation, botox and percutaneous tibial nerve stimulation (PTNS)
ColoplastView entire presentation