EX-99.2 3 ea150083ex99-2_vicarious.htm INVESTOR PRESENTATION DATED NOVEMBER 8, 2021

Exhibit 99.2

 

VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 INVESTOR PRESENTATION NOVEMBER 2021

 

 

VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 2 00 | SUMMARY DISCLAIMER This presentation contains forward - looking statements. All statements other than statements of historical facts contained herein are forward - looking statements reflecting the current beliefs and expectations of management made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, the statements regarding [financial projections], market opportunity, and statements about the development, regulatory pathway and commercialization of the Vicarious System. Such forward - looking statements involve known and unknown risks, uncertainties, and other important factors that may cause Vicarious Surgical’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward - looking statements. Such risks and uncertainties include, among others, the risks and uncertainties of the duration, extent and impact of the COVID - 19 pandemic, including market acceptance of the Vicarious System; the ability to develop and commercialize the Vicarious System; the ability to identify new medical procedures for Vicarious Surgical technology; the retention of key personnel and employees and the ability to attract, recruit, train, retain, motivate and integrate key personnel and employees; risks and uncertainties relating to developing, optimizing and operating Vicarious Surgical sales and distribution channels; the ability to enter into and maintain arrangements with third parties to sell and market Vicarious Surgical products; risks and uncertainties of obtaining FDA approval of marketing authorization for current Vicarious Surgical products or any future Vicarious Surgical products and technologies; the ability to maintain any technological or competitive advantage over Vicarious Surgical competitors and potential competitors; risks of third party claims alleging infringement of patents and proprietary rights or seeking to invalidate Vicarious Surgical’s or Vicarious Surgical’s partner’s patents or proprietary rights; and the risk that Vicarious Surgical’s proprietary rights may be insufficient to protect its technologies. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward - looking statements, as well as risks relating to Vicarious Surgical’s business in general, see Vicarious Surgical’s risk factors set forth in Vicarious Surgical’s Current Report on Form 8 - K filed with the Securities and Exchange Commission (SEC) on September 23, 2021 and subsequent filings with the SEC. Additional risk factors may be described in the “Risk Factors” section of Vicarious Surgical’s Quarterly Report on Form 10 - Q to be filed with the SEC on or about [November 8], 2021. In addition, many of the foregoing risks and uncertainties are, and could be, exacerbated by the COVID - 19 pandemic and any worsening of global or regional business and economic environment as a result. Any forward - looking statements contained in this presentation speak only as of the date hereof, and Vicarious Surgical specifically disclaims any obligation to update any forward - looking statement, whether as a result of new information, future events or otherwise.

 

 

KEY INVESTMENT HIGHLIGHTS 00 | SUMMARY 3 NEXT GENERATION ROBOTICS TECHNOLOGY DESIGNED TO SOLVE MANUAL AND ROBOT - ASSISTED SURGERY SHORTCOMINGS TAPPING INTO A $136B MARKET; 96.8% UNADDRESSED BY ROBOTICS 1 ABILITY TO ADDRESS MOST ABDOMINAL PROCEDURES DEVELOPED IN STEALTH BY VISIONARY MANAGEMENT TEAM AND INVESTORS ONLY ROBOT WITH FDA BREAKTHROUGH DESIGNATION 2 [1] VICARIOUS ESTIMATES FROM DATA SOURCED FROM LSI MARKET SIZE ANALYSIS AND PUBLIC FILINGS. INCLUDES ONLY PROCEDURES THAT COULD BE ADDRESSED BY VICARIOUS THROUGH 2027 [2] AS OF THE DATE OF THIS PRESENTATION, VICARIOUS IS NOT AWARE OF ANY SURGICAL ROBOTICS COMPANY THAT HAS ANNOUNCED RECEIVING BREAKTHROUGH DESIGNATION FOR A FULL ROBOTICS SYSTEM VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021

 

 

OUR TEAM AND INVESTORS 01 VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 4

 

 

VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 5 01 | OUR TEAM AND INVESTORS VISIONARY MANAGEMENT TEAM CO - FOUNDER AND CEO ADAM SACHS CO - FOUNDER AND CTO SAMMY KHALIFA EXECUTIVE CHAIRMAN DAVID STYKA VP OF SYSTEMS DAVE WILKINSON GENERAL COUNSEL AND CHIEF LEGAL OFFICER JUNE MORRIS VP OF COMMERCIAL STRATEGY MICHAEL PRATT VP OF SOFTWARE NEERAJ MAINKAR VP OF MARKETING SHWETA GUPTA VP OF HARDWARE ROB WHITE VP OF PEOPLE & CULTURE EMMA PLOUFFE CHIEF FINANCIAL OFFICER BILL KELLY CO - FOUNDER, CHIEF MEDICAL OFFICER BARRY GREENE

 

 

01 | OUR TEAM AND INVESTORS VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 6 EXPERIENCED BOARD AND ADVISORS SEASONED IN V E S T ORS SELECT EXISTING INVESTORS Bill Gates EXECUTIVE CHAIRMAN DAVID STYKA D8 BOARD DIRECTOR 1 DAVID HO BOARD DIRECTOR PHIL LIANG BOARD DIRECTOR ADAM SACHS BOARD DIRECTOR SAMIR KAUL BOARD DIRECTOR DROR BERMAN BOARD MEMBER DONALD TANG BOARD DIRECTOR RIC FULOP IP ADVISOR DAVE HIGHET Former Operational Leader at Auris Noted HIV/AIDS Researcher; Time “Man of the Year” 1996 TECHNOLOGY ADVISOR PAUL HERMES Former Head of Medtronic Robotics Program Former General Counsel and Chief IP Counsel at BD BOARD DIRECTOR SAMMY KHALIFA [1] SUBJECT TO BEING FORMALIZED

 

 

THE PROBLEM 02 VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 7

 

 

8 THE STATE OF SURGERY TODAY SURGE R Y THE BEGINNING OPEN Large incision Injuri e s Pain Complications >50% 2 are still open surgery Weeks at home and months of pain High cost of care 15 - 20% 1 15 - 20% 1 1.2% 3 8.4% 3 WE NEED A SOLUTION THAT IS MINIMALLY INVASIVE AND MORE CAPABLE INVASIVE SURGE R Y Manual and Robotic Small incision Multiple incisions Less injuries Less capability ONE STEP FORWARD MINIMAL L Y - SINGLE - PO R T ROBOTS Even more injury Even less capability Tiny procedural area Limited motion High cost ONE STEP BACKWARD EXISTING STUCK AT THE BEGINNING OPEN SURGERY D OMINANCE 39 million 2 robotic addressable abdominal soft - tissue procedures worldwide per year 1.5CM 2.5CM EXISTING SINGLE PORT ROBOTS VICARIOUS SURGICAL R O B O TS 4 TROCAR SIZE 1 HERNÁNDEZ - GRANADOS P ET AL, INCISIONAL HERNIA PREVENTION AND USE OF MESH. A NARRATIVE REVIEW. 2018 2 VICARIOUS ESTIMATES BASED ON LSI DATA. 2020 DATA 3 MARKS JM ET AL, SINGLE INCISION LAPAROSCOPIC CHOLECYSTECTOMY IS ASSOCIATED WITH IMPROVED COSMESIS SCORING AT THE COST OF SIGNIFICANTLY HIGHER HERNIA RATES. 2013 [4] VICARIOUS SYSTEM IS CAPABLE OF INCISION SIZES AS LOW AS 1.2CM. CURRENT DISPOSABLES REQUIRE 1.8CM INCISION. VICARIOUS IS DEVELOPING AND EXPECTS TO LAUNCH DISPOSABLES REQUIRING 1.5CM INCISION COMPLICATION RATES FROM INCISION

 

 

[1] VICARIOUS ESTIMATES FROM DATA SOURCED FROM LSI MARKET SIZE ANALYSIS AND PUBLIC FILINGS 9 [2] MARKS JM ET AL, SINGLE INCISION LAPAROSCOPIC CHOLECYSTECTOMY IS ASSOCIATED WITH IMPROVED COSMESIS SCORING AT THE COST OF SIGNIFICANTLY HIGHER HERNIA RATES. 2013 LIMITATIONS OF ROBOTIC SURGERY TODAY THESE LIMITATIONS RESULT IN ONLY 3.2% PENETRATION OF PROCEDURES ADDRESSED BY LEGACY ROBOTS 1 HIGH COST Capital and service costs >$2M investment High upfront cost and burdensome service contracts are often prohibitively expensive, especially for outpatient settings LIMITED CAPABILITIES Ill - suited for many outpatient procedures. Single - port systems have limited capabilities Limited ability to operate in multiple quadrants, difficulty operating on the ceiling, collisions inside and outside the abdomen, and restricted access to the patient Existing single port robots increase complications in 8.4% 2 of surgeries with trocar sizes of 2.5cm+ DIFFICULT TO USE Steep learning curves and device - specific training requirements Surgeon is required to “design robot motion” for each procedure: in choosing incision sites, surgeon needs to build a robot for every procedure to operate well and avoid collisions inside and outside the abdomen LOW UTILIZATION Large profile, limited portability, extensive set - up, and OR turnover times Multi - port systems occupy valuable OR real - estate due to large profile and limited portability Extensive set up and OR turnover times create inefficiencies and increase cost

 

 

OUR SOLUTION 03 VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 10

 

 

03 | OUR SOLUTION VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 11

 

 

VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 12 03 | OUR SOLUTION THE SYSTEM 9 DEGREES OF FREEDOM PER ARM 5 - 10x LOWER CAPITAL COST 2 30+ PATENTS ISSUED AND PENDING 3 28 SENSORS PER ARM INSIDE PATIENT 1.5cm SINGLE INCISION 1 34” wide FITS THROUGH ANY STANDARD DOOR 360 DEGREES VIEW 7 YEARS OF R&D P A TIENT CART CAMERA AND INSTRUMENT ARMS SURGEON CONSOLE 3D SCREEN PROPRIE T A R Y SOFTWARE 1.5CM 1 2.5CM EXISTING SINGLE PORT ROBOTS TROCAR SIZE 1 VICARIOUS SYSTEM IS CAPABLE OF INCISION SIZES AS LOW AS 1.2CM. CURRENT DISPOSABLES REQUIRE 1.8CM INCISION. VICARIOUS IS DEVELOPING AND EXPECTS TO LAUNCH DISPOSABLES REQUIRING 1.5CM INCISION 2 AS COMPARED TO LEGACY SURGICAL ROBOTS; VICARIOUS MANUFACTURING DATA AND VICARIOUS ESTIMATES FROM PUBLIC FILINGS 3 INCLUDING PROVISIONAL APPLICATIONS VICARIOUS SURGICAL ROBOT

 

 

13 LESS INVASIVE WHILE MAXIMIZING CAPABILITIES INCISION ONE 1.5CM 1 TROCAR MOTION HUMAN EQUIVALENT REACH ANYWHERE 2 VISIBILITY EVERYWHERE 2 MOBILITY PO R T ABLE 2 robotic arms and 1 camera through 1 incision In and out; less collateral damage; small scar Full replication of surgeon’s upper body: wrists, elbows, and shoulders 2 robotic arms mapped to the surgeon’s own arms Natural view in any and all directions — see in 360º Fits through a standard door; faster set up/break down time REQUIRING 1.5CM INCISION [2] WITHIN THE ABDOMINAL CAVITY VIDEO LINK 9 degrees of freedom per arm VIDEO LINK Unprecedented dexterity through the same incision [1] VICARIOUS SYSTEM IS CAPABLE OF INCISION SIZES AS LOW AS 1.2CM. CURRENT DISPOSABLES REQUIRE 1.8CM INCISION. VICARIOUS IS DEVELOPING AND EXPECTS TO LAUNCH DISPOSABLES

 

 

03 | OUR SOLUTION VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 14 SIZE Simple, portable, and capable — the Vicarious Surgical robot fits through a standard door and can fit into surgical facilities without construction buildout VICARIOUS SURGICAL ROBOTS LEGACY SURGICAL ROBOTS

 

 

03 | OUR SOLUTION 360 ƒ REACH AND VIEW 15 The Vicarious Surgical robot can work anywhere in the abdomen through a 1.5cm 1 incision The 9 decoupled actuators in each arm provide unprecedented dexterity inside of an ultra thin support tube [1] VICARIOUS SYSTEM IS CAPABLE OF INCISION SIZES AS LOW AS 1.2CM. CURRENT DISPOSABLES REQUIRE 1.8CM INCISION. VICARIOUS IS DEVELOPING AND EXPECTS TO LAUNCH DISPOSABLES REQUIRING 1.5CM INCISION LEGACY SINGLE PORT ROBOTS Limited area where the surgeon can work VI C ARIOU S SURGICAL Surgeon has full access to work within the abdomen LARGE WORKING AREA LIMITED W ORKING AREA

 

 

16 SENSING AND VISUALIZATION 03 | OUR SOLUTION 16 3D DEPTH MAPPING 4K HIGH FRAME RATE HEAD MOUNTED DISPLAY 1 TONE ADJUSTING LIGHTING FULL MOTION TRACKING WIDE FOV FORCE SENSING + FEEDBACK AT EVERY JOINT A U T O F OCUS [1] WHILE CAPABLE OF HEAD MOUNTED DISPLAY CURRENTLY, MAY REQUIRE CLINICAL DATA FOR LAUNCH

 

 

17 03 | OUR SOLUTION ECONOMICS Advanced engineering enables sterile portion to be disposable with competitive cost structure • 3D printed and injection molded parts with polymer fiber cables • Decoupled actuators enable polymer cables and parts, lowering part costs vs traditional manufacturing over 5 - 10 x 1 • Enables sterile portions of robot to be fully disposable • Closed loop feedback enables high force capability with polymer cables, enabling most abdominal procedures Capital equipment is primarily non - robotic as robotic motion happens from inside the patient • Cost of goods of capital equipment is significantly lower than competing products 1 [1] BASED ON QUOTED PRODUCTION PARTS FROM VICARIOUS SUPPLIERS

 

 

03 | OUR SOLUTION VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 18 MARKET RESEARCH FEATURES Surgeons and administrators reacted positively to the features that our surgical robot provides. Their favorite features are unique to our technology SOURCE: BLINDED STUDY PERFORMED BY THIRD PARTY RESEARCH FIRM I like it because it can articulate in 360º and provides a camera that allows for instruments to always be in view - GENERAL SURGEON, COMMUNITY HOSPITAL This is what I call a real generation ahead of everything. This is much better than what currently exists - GENERAL SURGEON, ACADEMIC MEDICAL CENTER 360º REACH PROVIDES ACCESS TO ENTIRE ABDOMEN 1 | FULLY ARTICULATING JOINTS ALLOW FOR 9 DEGREES OF FREEDOM 2 | REAL - TIME 4K 3D VISUALIZATION WITH WIDE FIELD OF VIEW 3 | 2 | Fully articulating joints allow for 9 degrees of freedom 3 | Real - time 4K 3D visualization with wide FOV 4 | More space efficient than existing solutions 5 | Future AI capabilities 6 | Compact and portable parts for easy access around patients 7 | Future pipeline includes advanced sensing and data collection 8 | Enables remote training and tele - surgery 9 | Ergonomic design - 3 - 2 STRONG NEGATIVE IMPACT - 1 0 1 2 3 STRONG POSITIVE IMPACT VICARIOUS DELIVERS: 1 | 360º reach provides access to entire abdomen

 

 

VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 19 03 | OUR SOLUTION MARKET RESEARCH COMPETITOR COMPARISON 5 | Major Breakthrough VERY EASY SELL STRONG SELLING POSITION NEEDS STRONG MARKETING RECONSIDER LAUNCH 4 | Important Advance 3 | Minor Improvement 2 | Minor Change 1 | No Benefit Independent blinded study with surgeons and hospitals shows over 4 out of 5 score (very easy sell), well above competing solutions 4.8 4.2 COMPARED TO MANUAL MINIMALLY INVASIVE SURGERY COMPARED TO LEGACY SURGICAL ROBOTS SOURCE: BLINDED STUDY PERFORMED BY THIRD PARTY RESEARCH FIRM

 

 

[1] AS OF THE DATE OF THIS PRESENTATION, VICARIOUS IS NOT AWARE OF ANY SURGICAL ROBOTICS COMPANY THAT HAS ANNOUNCED RECEIVING BREAKTHROUGH DESIGNATION FOR A FULL ROBOTICS SYSTEM 20 FDA DESIGNATED BREAKTHROUGH TECHNOLOGY Our product is the only surgical robot to receive a breakthrough designation from the FDA indicating that they agree with our product’s potential for clinical benefit 1 CMS has a well - established pathway to reimbursement post clearance: Agreement for clearance with prioritized review 3 Hospital reimbursement may be higher for using breakthrough devices Senior leadership review of application from beginning Ability to charge for the device before having FDA clearance as an investigational device 2 HTTPS://WWW.CMS.GOV/NEWSROOM/FACT - SHEETS/MEDICARE - COVERAGE - INNOVATIVE - TECHNOLOGY - CMS - 3372 - F 3 VICARIOUS HAS YET TO FORM THIS AGREEMENT WITH THE FDA “[An] unfettered path to coverage, beginning as soon as the same day as FDA market authorization for breakthrough devices” - CENTERS FOR MEDICARE AND MEDICAID SERVICES 2 “[CMS will] provide national Medicare coverage as early as the same day as Food and Drug Administration (FDA) market authorization for breakthrough devices and coverage would last for 4 years” - CENTERS FOR MEDICARE AND MEDICAID SERVICES 2

 

 

OUR PATHWAY TO COMMERCIALIZATION 04 VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 21

 

 

VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 22 04 | OUR PATHWAY TO COMMERCIALIZATION EXPECTED ROADMAP 20 2 1 2022 20 2 3 2025 2024 Launch of Early Adopter Program with KOL Surgeons Center of Excellence Agreement Executed Simulator Launch Clip Applying and Vessel Sealing Launch 100th Unit Shipped Cleanroom Setup Manufacturing Cleanroom Validated DEVELOPMENT AND REGULATORY COMMERCIAL AND GROWTH Filing FDA Pr e submi s sion ISO 13485 Certification FDA 510(k) Submission for Ventral Hernia Repair Obtaining NRTL Mark Beta 1 Beta 2 First V1.0 Unit Built Verification & Validation Start Summative Usability Testing/ Cadaver Simulated Use Complete Verification & Validation Complete V&V Cadaver Study Complete NOTE: ACTUAL MILESTONES AND TIMELINE MAY VARY AS CERTAIN ACTIVITIES ARE BEYOND VICARIOUS’ CONTROL

 

 

04 | OUR PATHWAY TO COMMERCIALIZATION VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 23 2024 REGU L A T O R Y STRATEGY 20 2 3 Our regulatory strategy enables expedited filing while reducing risk by adopting a phased and scalable approach 510(k) clearance is focused on proving substantial equivalence of technology compared to an existing predicate device THIS REGULATORY PLAN HAS NOT BEEN REVIEWED BY THE FDA: CLEARANCE WILL DEPEND ON BOTH DATA VICARIOUS SURGICAL PROVIDES AS WELL AS THE FDA’S AGREEMENT WITH VICARIOUS SURGICAL’S PLAN TO DEMONSTRATE SUBSTANTIAL EQUIVALENCE OF TECHNOLOGY Verification and Validation 5 10(k) Filing Initial launch of core product offering focused on 360º access and visualization for Ventral Hernia repair VENTRAL HERNIA ADDITIONAL INDICATIONS & INSTRUMENTS Product and indication expansion using clinical data collected in parallel to initial product offering clearance Verification and Validation Clinical Data 5 10(k) Filing

 

 

OUR MARKET, OUR POTENTIAL 05 VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 24

 

 

05 | OUR MARKET, OUR POTENTIAL VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 25 FIRST INDICATION: VENTRAL HERNIA 3.3M OUTSIDE US VENTRAL HERNIA CASES 0.9M US VENTRAL HERNI A CASES MARKET SIZE 1 MEDICARE REIMBURSEMENT FOR EACH PROCEDURE 3 (WITHOUT ANY BENEFITS FROM BREAKTHROUGH STATUS, HOSPITAL OUTPATIENT + SURGEON) RECURRENC E R ATE PROCEDUR E REIMBURSEMEN T TYPE Simple Repair $5,615 I n cisional Hernia R epair $9,3 0 1 C ompl e x Ab dominal W all R epair $13,227 EXISTING MEDICARE REIMBURSEMENTS CMS provides an “unfettered path to coverage, beginning as soon as the same day as FDA market authorization for breakthrough devices” 2 1 VICARIOUS ESTIMATES FROM LSI MARKET DATA, INCLUDES INCISIONAL AND UMBILICAL HERNIA CASES. 2020 DATA 2 HTTPS://WWW.CMS.GOV/NEWSROOM/FACT - SHEETS/MEDICARE - COVERAGE - INNOVATIVE - TECHNOLOGY - CMS - 3372 - F 3 MEDICARE.GOV CODES 49652, 49654, 49654+BILATERAL 15734 4 LAVANCHY ET AL: LONG - TERM RESULTS OF LAPAROSCOPIC VERSUS OPEN INTRAPERITONEAL ONLAY MESH INCISIONAL HERNIA REPAIR. 2018 5 J. A. WEGDAM ET AL, SYSTEMATIC REVIEW OF TRANSVERSUS ABDOMINIS RELEASE IN COMPLEX ABDOMINAL WALL RECONSTRUCTION. 2018 AMOUNTS SHOWN ARE AVERAGE TOTALS PAID TO HOSPITAL AND SURGEON FOR EACH PROCEDURE IN 2020 OUR FUNDAMENTAL ADVANTAGE Legacy robots struggle to work on the abdominal wall Our system easily operates on the “ceiling” of the abdominal cavity 20% 4 20% 4 4% 5

 

 

VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 26 05 | OUR MARKET, OUR POTENTIAL INITIAL ADDRESSABLE MARKET 5 COLORECTAL, SMALL BOWEL, BARIATRIC, ESOPHAGEAL, BARIATRIC, STOMACH (NON - ENDOSCOPIC), LSI WW 2020 DATA 6 VICARIOUS ESTIMATES FROM DATA SOURCED FROM LSI MARKET SIZE ANALYSIS 2020 DATA AND PUBLIC FILINGS. INCLUDES ONLY PROCEDURES THAT COULD BE ADDRESSED BY VICARIOUS THROUGH 2027. ASSUMES $3506 REVENUE PER PROCEDURE CURRENTLY REALIZED BY LEGACY ROBOTIC COMPANY. 7 VICARIOUS ESTIMATES FROM LSI MARKET DATA. 2020 DATA 20 2 3 2024 2025 1 INCLUDES INCISIONAL HERNIA AND UMBILICAL, VICARIOUS ESTIMATES FROM LSI WW 2020 DATA, INCLUDES SOME PATIENTS WHO CHOSE TO NOT HAVE HERNIAS REPAIRED WITH LEGACY TECHNIQUES 2 HYSTERECTOMY, OOPHORECTOMY, COLPOPEXY, LSI WW 2020 DATA 3 VICARIOUS ESTIMATES FROM LSI WW 2020 DATA, INCLUDES SOME PATIENTS WHO CHOSE TO NOT HAVE HERNIAS REPAIRED WITH LEGACY TECHNIQUES 4 LSI WW 2020 DATA 2026 2027 ADDRESSABLE PROCEDURES TARGET L A UNCH GENERAL SURGERY GYNECOLOGY ~4.1M V ENT R AL HERNIA 1 (~0.9M US) HERNIA 3 (~1.5M US} ~11.5M G ALLB L ADDE R PROCEDURES 4 (~2.3M US) ~7.0M ALL OTHER ~13.4M GI PROCEDURES 5 (~2.8M US) ~2.7M HYSTERECTOMY 2 (~0.6M US) 39M ABDOMINAL PROCEDURES ADDRESSABLE BY VICARIOUS 7 TOTAL INITIAL ADDRESSABLE MARKET $136 B 6

 

 

VICARIOUS SURGICAL INVESTOR PRESENTATION NOVEMBER 2021 THANK YOU 78 Fourth Avenue Waltham, MA, 02451 vicariou ssu r gical . c om +1.617.868.1700 VICARIOUS SURGICAL