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Beyond Air (XAIR) investor relations material
Beyond Air 2nd Annual Lytham Partners Healthcare Investor Summit summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Product overview and differentiation
Nitric oxide is a natural pulmonary vasodilator used to treat hypoxic respiratory failure in newborns and right ventricular dysfunction post-cardiac surgery.
The system generates nitric oxide from room air, eliminating the need for heavy cylinders or toxic chemicals, making it safer, greener, and more cost-effective.
The device is easier to use, reduces hospital logistics, and offers significant cost and space savings.
Market adoption and strategy
Initial U.S. launch faced challenges due to pandemic-related ventilator upgrades and regulatory delays, delaying a competitive product until mid-2024.
First-generation device lacked transport capability, limiting adoption in hospitals needing inter-hospital transport.
Second-generation device, pending FDA approval by year-end, will be smaller, user-friendly, and suitable for transport, aiming to capture majority U.S. market share.
International expansion began less than nine months ago, with distribution partners in 40 countries and expectations for significant overseas impact in 12–24 months.
Global market potential
International pricing is close to U.S. levels, but global volume is much higher, especially in Europe and Asia.
The ex-U.S. market is expected to double the U.S. market in dollar value over the next five to seven years.
The system's ease of use and lack of cylinder dependency enable access to remote areas previously underserved.
Distribution partners are key to rapid international growth, with revenues expected to accelerate in 2026 and significantly impact financials in 2027.
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