Treace Medical Concepts Inc (NAS:TMCI)
$ 5.94 0.08 (1.37%) Market Cap: 368.33 Mil Enterprise Value: 324.10 Mil PE Ratio: 0 PB Ratio: 2.91 GF Score: 41/100

Treace Medical Concepts Inc at JPMorgan Healthcare Conference Transcript

Jan 11, 2023 / 03:30PM GMT
Release Date Price: $24.66 (+1.11%)
Robert Justin Marcus
JPMorgan Chase & Co, Research Division - Analyst

Good morning, everyone. I'm Robbie Marcus, the medtech analyst at JPMorgan. Happy to kick off the third day of the conference Treace Medical. I'm going to turn it over to John Treace, the Founder and CEO, and then we'll do a bit of Q&A afterwards. John?

John T. Treace
Treace Medical Concepts, Inc. - CEO, Founder & Director

Thank you, Robbie, and good morning, everybody. We're really excited to be here and have the opportunity to talk about Treace Medical at the JPMorgan Healthcare Conference.

So Treace Medical is a high-growth med tech company, 100% focused on improving outcomes for bunion patients. We pioneered and patented the Lapiplasty 3D Bunion Correction procedure to bring better outcomes to patients suffering from painful lifestyle-limiting bunion deformities. Our business has shown strong momentum since our first commercial sale in 2015, and we recently preannounced 2022 revenues representing growth of 50% over prior year.

As a high-growth rate, high

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