Changes for page Nevro Corp

Last modified by Asif Farooqui on 2019/12/02 13:30

From version < 2.1 >

edited by Asif Farooqui
on 2019/12/02 13:24

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edited by Asif Farooqui
on 2019/12/02 13:25

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  The company sell Senza in Europe and Australia through a combination of its direct sales force and a network of sales agents and independent distributors. The company began its direct sales operations in the United Kingdom in late 2010 and to date have expanded its direct sales operations to Austria, Australia, Belgium, Germany, Luxembourg, Norway, Sweden and Switzerland. The company utilize sales agents and independent distributors to sell in an additional seven countries.
--==== Competition ====
++== Competition ==
  The company compete in the SCS market for chronic pain. The company also compete with spine surgeries, in particular re-operations. Currently, its major competitors are Medtronic, Boston Scientific and Abbott Laboratories, who have obtained regulatory approval for SCS systems. The company believe that the primary competitive factors in the market are:
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  The Mayo License terminates upon the expiration of (1) the last to expire of the licensed patents or (2) its obligation to pay royalties, whichever is later. We, the Mayo Foundation or VGL may terminate the Mayo License upon 60 days’ notice of a party’s material breach if such breach remains uncured after such 60-day period.
--==== Manufacturing and Supply ====
++= Manufacturing and Supply =
  The company rely upon third-party suppliers for the manufacture and assembly of its Senza SCS system and its components, some of which are single- or sole-sources of the relevant product component. Nevro has not yet identified and qualified second-source replacements for several of its critical single-source suppliers. Thus, in the event that its relationship with any of its single- or sole-source suppliers terminates in the future, the company may have difficulty maintaining sufficient production of its products at the standards the company require. Where practicable, the company seek out and validate second-source manufacturers for its single-source components. The company believe that existing third-party facilities will be adequate to meet its current and anticipated manufacturing needs. The company do not currently plan to manufacture the Senza SCS system components itself .