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TRUE MINIMALLY INVASIVE SPINAL FUSION OFER LEVY CEO Nov. 2020 www.ZygoFix.com © All rights reserved to ZygoFix

TRUE MINIMALLY INVASIVE SPINAL FUSION

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Page 1: TRUE MINIMALLY INVASIVE SPINAL FUSION

TRUE MINIMALLY INVASIVE SPINAL FUSIONOFER LEVYCEO

Nov. 2020

www.ZygoFix.com © All rights reserved to ZygoFix

Page 2: TRUE MINIMALLY INVASIVE SPINAL FUSION

Legal disclaimerIMPORTANT NOTICE

This presentation has been prepared by ZygoFix Ltd. (the “Company”) solely for informational purposes. The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be complete or to contain all of the information a prospective or existing investor may desire. In all cases, interested parties should conduct their own investigation and analysis of the Company and the data set forth in this information. The Company has prepared thispresentation based on information available to it, including information derived from public sources that have not been independently verified. The Company makes no representation or warranty as to the accuracy or completeness of this information and shall not have any liability for any representations (expressed or implied) regarding information contained in, or for any errors omissions in, this presentation. This presentation includes certain statements and estimates provided by the Company with respect to the projected future performance of the Company. Such statements, estimates and projections reflect various assumptions by management concerning possible anticipated results, which assumptions may or may not be correct. No representations are made as to the accuracy of such statements, estimates or projections. This presentation may contain statements that are not historical facts, referred to as “forward looking statements.” The Company’s actual future results may differ materially from those suggested by such statements. No assurance can be given that future events will occur or that projections will be achieved. Past performance is not a reliable indication of future performance. This presentation is not, and nothing in it should be construed as, an offer, invitation or recommendation in respect of the Company’s securities, or an offer to sell, or a solicitation of an offer to buy, the Company’s securities in any jurisdiction. Neither this presentation nor anything in it shall form the basis of any contract or commitment. Prospective investors should not construe the contents of this presentation as business, legal, tax, investment or other advice. Each prospective investor should make his, her or its own inquiries and consult his, her or its own advisors as to the appropriateness and desirability of an investment in the Company and as to business, legal, tax and related matters concerning an investment in the Company.

An investment in the Company shall be allowed only to such number and category of investors in accordance with applicable laws and regulations and pursuant to a predetermined process. Accordingly, detailed information in connection with the investment shall be revealed and delivered only to a limited number of qualifying investors as provided by law.

Page 3: TRUE MINIMALLY INVASIVE SPINAL FUSION

3Zygofix True minimally invasive spinal fusion|

ZygoFix zLOCK’s unique design enables outpatient spinal fusion with a simple and safe approach

Investor (and private investors)

3 granted patents

Successful Clinical Outcomes at 24 month F/U

ZYGOFIX, IN BRIEF

Winner of the 2017 Spine Technology Award -2019 MC Israel Gold Winner

Page 4: TRUE MINIMALLY INVASIVE SPINAL FUSION

4Zygofix True minimally invasive spinal fusion|

Chronic Back Pain May Require Surgical Intervention

Page 5: TRUE MINIMALLY INVASIVE SPINAL FUSION

5Zygofix True minimally invasive spinal fusion|

Images (left to right): (1) SI Bone (2) www.weillcornellbrainandspine.org; (3) http://www.k2m.com;

Lumbar FusionSI (Sacrum Ilium) Fusion

Patients fear and refrain from the current surgical offering (mostly screw based implants)

Cervical Fusion

Page 6: TRUE MINIMALLY INVASIVE SPINAL FUSION

6Zygofix True minimally invasive spinal fusion|

Opportunitythe market seeks a simpler, safer

and less invasive solution to enable out-patient procedures

Page 7: TRUE MINIMALLY INVASIVE SPINAL FUSION

7Zygofix True minimally invasive spinal fusion|

If you were a candidate for spinal fusion,which would you prefer placed in your back?

Page 8: TRUE MINIMALLY INVASIVE SPINAL FUSION

8Zygofix True minimally invasive spinal fusion|

ZygoFix’s zLOCK: The first 3D printed spinal implant that fits itself to the individual patient’s anatomy

Small, spinal implant inserted IN the jointzLOCK miniature 3D printed implant provides a simpler, safer and less invasive spinal fusion option

Page 9: TRUE MINIMALLY INVASIVE SPINAL FUSION

9Zygofix True minimally invasive spinal fusion|

How We Do it: Our Unique DesignSmall package – a lot of know-how

• Our flexible proprietary design enables:• to bend rigid titanium • to suit all spinal joint variations

• Porous design enhances bone fusion

• Custom tools enable simple minimally invasive procedure

Fits all shapes and anatomies

Page 10: TRUE MINIMALLY INVASIVE SPINAL FUSION

10Zygofix True minimally invasive spinal fusion|

zxOR time = 100 $ /min** Hospitalization night cost = $3900*** selling price of $2,400 [pedicle screw ASP $3,500]

Minimally Invasive Simpler to Place Suitable to all types of anatomies Cost-effective

Feature 1 vs. 3 incisions No screw placement Adjusts to all anatomies Completely 3D printed

Patient Less scars, less intimidating,Suitable for outpatient

Shorter procedure, 70% radiation,

faster rehabilitation

More patients will benefit the procedure

Surgeon Less hospitalization days**,Short recovery,

Low risk of complications

More procedures in less time Requires less planningCompetitive

pricing***Medical Center / Payer Shorter OR time*

Potential savings of $7,000 per case (considering a reduction of 20min OR time and 1 night hospitalization)!

Value Proposition

zx

Page 11: TRUE MINIMALLY INVASIVE SPINAL FUSION

11Zygofix True minimally invasive spinal fusion|

Entered clinical phase in April 2018

patient doing extremely well and reports no pain! I can hardly believe it... I could discharge the patient even today! Practically no blood loss

12-months post op. x-ray

Successful 24 Month Follow-up

Principal investigator (1 day after FIM surgery)

Page 12: TRUE MINIMALLY INVASIVE SPINAL FUSION

12Zygofix True minimally invasive spinal fusion|

zLOCK is suitable for a number of fusion applications

Lumbar

SI (sacrum ilium)

Cervical

• Lumbar Fusion –510k [Q4/22]

• SI Fusion – 510k [Q4/23]

• Cervical Fusion – 510k [Q4/24]

• Facet Fusion – [Q1/21]

• SI Fusion – [Q4/23]

• Cervical Fusion – [Q4/24]

zLOCK Applications

Page 13: TRUE MINIMALLY INVASIVE SPINAL FUSION

13Zygofix True minimally invasive spinal fusion|

Sources: ONN Spine Report October 2017; Spinemarket data; Meddevicetracker spinal fusion report (02.2018)

TAM US ($)System priceTAM US (Procedures)

504M$2,400210,000Lumbar

435M$3,000145,000Cervical

68M$4,00017,000SI

$1BTotal:

Assumptions: System cost excludes tool set I Global market is estimated as 2x the US: $2B

$2B Global Market Opportunity

Lumbar market breakdown

• 450,000 lumbar fusions in 2017 (US only). 3.5% CAGR -> 500,000 procedure in 2020.

• 40% pedicle screws only -> 60% are suitable for zLOCK = 120,000 cases.

• 45% screws with IBF -> 40% are suitable for zLOCK = 90,000 cases.

• TAM (US): 210,000 cases

• Additional potential markets – replacing facet injections; IPDs

Page 14: TRUE MINIMALLY INVASIVE SPINAL FUSION

14Zygofix True minimally invasive spinal fusion|

90+ inquiries, from 22 countries, of surgeons and distributors interested in

use/distribution

2019 MassChallengeIsrael Gold Winner

2017 Spine Technology Award winner

Continuous patient interest about

inclusion in the study!

Gaining Market TractionWide interest in zLOCK from interventional spine professionals:

Page 15: TRUE MINIMALLY INVASIVE SPINAL FUSION

15Zygofix True minimally invasive spinal fusion|

IP - Portfolio of 3 PatentsUnique design provides strong claims and IP!

02

Implant design protecting patent

WO2019111175

Granted in USIn national phase

Basic implant design patent

Granted in EU,China, JapanPending in US, Brazil

WO2017046667

01

Implant Delivery System

Granted in USIn national phase

WO2019111176

03

Page 16: TRUE MINIMALLY INVASIVE SPINAL FUSION

16Zygofix True minimally invasive spinal fusion|

Jon Luedke

Ofer Levy CEO

Uri Arnin Co-founder. CTO

Prof. Yizhar FlomanCo-founder. Medical Director

Barak Singer

Man

agem

ent

Adam Lewis MD Babak Barcohana MDIra Fedder MD

15+ years experience in medical device industry; Former vice president of Qsiteconsulting firm

Serial entrepreneur; 20+ years experience in medical device industry; 29 issued patents and 39+ pending (all in spine); founder/CTO ApiFix (MIS scoliosis correction system)

15+ years of experience in R&D and medical device industry in particular with extensive knowledge in all stages of development

Oded ShamirR&D Manager

Dr. Hanna LevyClinical Manager

Expert in clinical trials and biostatistics for medical device and pharmaceuticals. Managed multiple clinical studies including large international multi-center studies in US, EU and Israel in different scientific fields

Chairman and Director of the Israel Spine Center, AssutaHospital, Tel Aviv; former President of the Israeli Orthopedic Association

ZygoFix Team

Ofir Hazut

Boar

d

Advi

sory

Bo

ard

Page 17: TRUE MINIMALLY INVASIVE SPINAL FUSION

THANK [email protected]