Monogram Technologies to Host Investor and Analyst Tour at its Headquarters in Austin, Texas, on Thursday, June 20th, 2024
Monogram Technologies will host an investor and analyst day on June 20, 2024, at its headquarters in Austin, Texas. The event will feature a presentation and Q&A session by CEO Ben Sexson, Founder & Chief Medical Officer Dr. Douglas Unis, CTO Dr. Kamran Shamaei, and CFO Noel Knape. Attendees will see a product demonstration of the mBôs Precision Robotic Surgical System, designed to enhance orthopedic surgeries. The company plans to complete Verification and Validation testing for the mBôs TKA System by Q2 2024 and aims for a 510(k) submission in the second half of 2024. Monogram is also preparing for clinical trials outside the U.S. The event will include tours of the headquarters and cadaver lab, and the company recently shared its Q1 2024 financial results.
- Product demonstration of the mBôs Precision Robotic Surgical System showcasing advanced features.
- Upcoming Verification and Validation testing completion for the mBôs TKA System by Q2 2024.
- Plans for a 510(k) submission in the second half of 2024.
- Engagement with a Contract Research Organization for clinical trials outside the U.S.
- Recent feedback from the FDA on verification test protocols and clinical trial protocol.
- Opportunity for investors and analysts to tour the headquarters and cadaver lab.
- Potential risk of delays in Verification and Validation testing timeline.
- Dependence on FDA approval for the 510(k) submission, which may face regulatory hurdles.
- Financial implications of ongoing development and clinical trials.
Management to Showcase Product Demonstration of mBôs Precision Robotic Surgical System and mVision Technologies
AUSTIN, TX / ACCESSWIRE / June 3, 2024 / Monogram Technologies Inc. (NASDAQ:MGRM) ("Monogram" or the "Company"), an AI-driven robotics company focused on improving human health with an initial focus on orthopedic surgery, will host an investor and analyst day on Thursday, June 20th, 2024, from 9:00 a.m. CDT to 1:00 p.m. CDT at its cadaver lab and headquarters in Austin, Texas.
Monogram Chief Executive Officer Ben Sexson, Founder & Chief Medical Officer Dr. Douglas Unis, Chief Technology Officer Dr. Kamran Shamaei, and Chief Financial Officer Noel Knape will be joined by other senior management team members to provide an overview of the company's work to develop a product solution architecture to enable patient-optimized orthopedic implants at scale by combining 3D printing, advanced machine vision, Artificial Intelligence, and next-generation robotics.
Monogram is pushing hard on its commercial timeline, anticipating that Verification and Validation testing of its mBôs™ TKA System will be largely complete in Q2 of 2024, with an anticipated 510(k) submission to follow in the second half of 2024. Monogram has also engaged a Contract Research Organization to oversee mBôs robot clinical trial activities Outside the U.S. (OUS) and received feedback from the U.S. Food and Drug Administration for verification test protocols and proposed clinical trial protocol on an OUS target population.
"We very much look forward to hosting this event and maximizing transparency as much as possible," said CEO Ben Sexson. "Given the valuable insights gained from ongoing demonstrations to our current and potential tier-1 partners, we are aiming to expand our outreach to engage a larger audience."
Immediately following the presentation and Q&A session, attendees will have the opportunity to tour Monogram's headquarters and cadaver lab. Investors and analysts who attend the tour will see a product demonstration of the mBôs™ Robotic Surgical System, a game-changing innovation in robotic orthopedics that aims to help advance the standard of care in orthopedic medicine. The mBôs precision robotic surgical system is designed to autonomously execute optimized paths for high-precision insertion of its FDA-cleared mPress press-fit implants, which combine mVision AI and novel navigation methods.
Monogram recently reported its First Quarter 2024 Financial Results on May 15, 2024, and hosted a First Quarter 2024 Financial Results Update Call.
Space is limited, and registration is required. Investors and analysts should contact MGRM@mzgroup.us or call Chris Tyson at (949) 491-8235 for more details and to register for the event.
Date & Time | Agenda | ||
Thursday, June 20th, 2024 | 9:00 AM | Arrival & Coffee | |
9:00 a.m. CDT to 1:00 p.m. CDT | 9:30 AM | Management Presentation and Q&A | |
10:45 AM | Product Demonstration | ||
Location | 12:15 PM | Lunch & Investor 1x1's | |
3913 Todd Ln #307 | 1:00 PM | Day Concludes | |
Austin, TX 78744 |
Monogram is conveniently located 10 minutes from Austin-Bergstrom International Airport (AUS).
About Monogram Technologies Inc.
Monogram Technologies (NASDAQ:MGRM) is an AI-driven robotics company focused on improving human health, with an initial focus on orthopedic surgery. The Company is developing a product solution architecture to enable patient-optimized orthopedic implants at scale by combining 3D printing, advanced machine vision, AI and next-generation robotics.
Monogram's mBôs precision robotic surgical system is designed to autonomously execute optimized paths for high-precision insertion of its FDA-cleared mPress press-fit implants. The goal is well balanced better-fitting bone sparing knee replacements. The Company initially intends to produce and market robotic surgical equipment and related software, orthopedic implants, tissue ablation tools, navigation consumables, and other miscellaneous instrumentation necessary for reconstructive joint replacement procedures. Other clinical and commercial applications for the mBôs with mVision navigation are also being explored.
Monogram has obtained FDA clearance for mPress implants. Monogram currently plans to apply for 510(k) clearance for its robotic products in the second half of 2024. The Company is required to obtain FDA clearance before it can market its products. Monogram cannot estimate the timing or assure the ability to obtain such clearances.
The Company believes that its mBôs precision robotic surgical assistants, which combine AI and novel navigation methods (mVision), will enable more personalized knee implants for patients, resulting in well balanced better-fitting knee replacements with bone sparing implants. Monogram anticipates that there may be other clinical and commercial applications for its navigated mBôs precision robot and mVision navigation.
To learn more, visit www.monogramorthopedics.com.
Forward-Looking Statements
This press release may include "forward-looking statements.'' To the extent that the information presented in this presentation discusses financial projections, information, or expectations about the Company's business plans, results of operations, products or markets, or otherwise makes statements about future events, such statements are forward-looking. Such forward-looking statements can be identified by the use of words such as ''should,'' ''may,'' ''intends,'' ''anticipates,'' ''believes,'' ''estimates,'' ''projects,'' ''forecasts,'' ''expects,'' ''plans,'' and ''proposes.'' Although the Company believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" and elsewhere in the offering statement filed with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained, and the Company does not undertake any duty to update any forward-looking statements except as may be required by law.
Investor Relations:
Chris Tyson
Executive Vice President
MZ North America
Direct: 949-491-8235
MGRM@mzgroup.us
SOURCE: Monogram Technologies Inc.
View the original press release on accesswire.com
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