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Senseonics Holdings, Inc. (SENS) Shareholder/Analyst Call Transcript

Tim Goodnow
President, CEO & Director

Thanks for joining us. And as we update you folks on the Senseonics story, it’s a pretty exciting time for us. As many of you know, for those that were able to join us a year ago, we had a partnership with the PHC Corporation for the commercial activities. We’ve transitioned that since we last spoke. And it’s a pretty exciting time for us as we’ve been able to leverage that experience and that capability significantly with our strategic investment into the commercial organization. And frankly, we’re very excited with the commercial results that we’re now getting.

So obviously, the control of our destiny is very, very important, because it gives us the ability to pivot and move quick, make adjustments, expand those areas that make the most sense and frankly, leverage the internal capability. But we’ve been able to do that because, although we did the transition, we’ve essentially brought the entire Ascensia commercial organization over under Brian’s leadership, and that really has made a seamless process that we’ve been very excited to be able to execute against.

We also made the decision as part of that transition in the last year that the primary issue for growth with Eversense in a highly competitive market, but a very attractive market really had to

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