Title: Jefferies 3rd Annual Healthcare Conference
1- Jefferies 3rd Annual Healthcare Conference
- June 17, 2009
- Glenn P. Muir
- EVP CFO
2Forward-Looking Statements
- This presentation contains forward-looking
information that involves risks and
uncertainties, including statements regarding the
Companys plans, objectives, expectations and
intentions. Such statements include, without
limitation, statements regarding the Companys
expectations regarding Fiscal 2009 results, and
the expected continued market challenges and the
Companys response to those challenges. These
forward-looking statements are based upon
assumptions made by the Company as of the date
hereof and are subject to known and unknown risks
and uncertainties that could cause actual results
to differ materially from those anticipated.
Factors that could adversely affect the Companys
business and prospects are described in the
Companys filings with the Securities and
Exchange Commission. Hologic expressly disclaims
any obligation or undertaking to release publicly
any updates or revisions to any such statements
to reflect any change in the Companys
expectations or any change in events, conditions
or circumstances on which any such statement is
based.
2
3Use of Non-GAAP Financial Measures
- In addition to the financial measures prepared in
accordance with generally accepted accounting
principles (GAAP), we use the non-GAAP financial
measure adjusted EPS. The Company generally
defines its non-GAAP adjusted EPS to exclude the
non-cash amortization of intangible assets
acquired by the Company since 2006 or impairment
of goodwill and intangible assets, other
acquisition related charges, such as charges
associated with the write-up of acquired
inventory to fair market value, and other
one-time, non-recurring, unusual or unanticipated
charges, expenses or gains and tax
provisions/benefits related thereto. Adjusted EPS
is not a measure of operating performance under
GAAP. We believe the use of this non-GAAP measure
helps investors to gain a better understanding of
our core operating results and future prospects,
consistent with how management measures and
forecasts our performance, especially when
comparing such results to previous periods or
forecasts. When analyzing our operating
performance, investors should not consider this
non-GAAP measure as a substitute for EPS prepared
in accordance with GAAP.
3
4THE Global Leader in Womens Health
T H E C O N C E P T O F H O L O G I C
4
5Best-In-Class Products
- Screening
- Diagnosis
- Intervention
- Early DetectionSaves Lives
ThinPrep Pap TestCervical Cancer
Screening CerVista HPV Test
MammoSiteRadiation Therapy
ThinPrep Imaging Cervical Cancer Screening
DiscoveryOsteoporosisScreening
Suros Biopsy Systems
FullTerm Preterm Labor
NovaSure Endometrial Ablation
MultiCareStereotactic Biopsy
Selenia Breast Cancer Screening
AdianaPermanent Contraception
5
6Leading Market Positions Include
Ranking in U.S.
Breast cancer screening
Cervical cancer screening
Preterm labor screening
Abnormal uterine bleeding
Osteoporosis screening
Radiation therapy, partial-breast
Biopsy
6
7Largest Dedicated Womens Health Sales Force in
U.S
Over 460US Sales Representatives
ensures best-in-classbrand recognition
7
8 And Broad International Distribution
Going global leverage distribution
cross-selling
8
9An Impressive Growth Record MeetsCurrent
Economic Slowdown
Revenue (M)
Income from Operations(M)
1,625 - 1,650
490 - 505
Adjusted excluding acquisition-related charges
Note Fiscal Year ends last Saturday in September
9
10Four Focused Business Segments
Breakdown of Q2-09 Revenues of 402.0M
33Diagnostics
135.0M
Disposables 58 Capital Equip 42
180.1M
45Breast Health
63.8.0M
16GYN Surgical
23.1M
6Skeletal Health
10
11Existing Products Sustained Growth and Momentum
Key Products Fueling Growth in U.S.
EstimatedU.S. Market
Estimated U.S. Future Market
Product
Application
Selenia/ Tomosynthesis
Breast cancerscreening
600M
1B
ThinPrep/ Cervista HPV
Cervical cancerscreening
700M
1B
Endometrialablation
300M
1.5B
NovaSure
Adiana
100M
1B
Contraception
Suros ATEC, Eviva and Celero
250M
500M
Biopsy systems
Preterm labor risk test
100M
300M
FullTerm
Awaiting PMA approval for U.S. market
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12New Products Molecular Diagnostics Platform
- FDA Approvals of Two Products in March 2009
- Cervista HPV HR (high risk)
- Designed to detect the 14 high-risk types of HPV
that cause cervical cancer - First HPV DNA test approved by the FDA in more
than 10 years - Cervista HPV 16/18
- First HPV test approved for genotyping for HPV
types 16 and 18 - Associated with 70 of all cervical cancers in
the U.S. - The HPV Market
- 400M U.S. 50 penetrated
- 400M O.U.S. 10 penetrated
- Complementary with ThinPrep Pap test
- Invader Chemistry
- Platform for entry into 2.1B U.S. molecular
market - Strong pipeline of products - Chlamydia,
Gonorrhea - Utilizes existing sales channel
- Accretive to non-GAAP EPS in FY 2010
13New Products Adiana Permanent Contraception
System
Primary market Patients undergoing tubal
ligation (excluding post C-section) Secondary
market The longer term and larger group of women
using hormones
Est. U.S. Future Market 1B
Est. Population
Total U.S. Women with Two or More Children on
Birth Control
Delivery Catheter
Total Sterilization Surgeries
Matrix
Initial Target
Adiana will be one of the only two products on
the market
Awaiting FDA approval for U.S. market
14New Products Next Generation Digital Mammography
Selenia Dimensions Digital Mammography
- 3D visualization of breast tissue multiple
views - Helps solve tissue overlap problems
- Improved detection and lower recall rates
- Currently working with FDA (expect to be
first-to-market) - International launch in September 2008
Normal Mammogram
Tomosynthesis Slices
Work-in-Progress Awaiting FDA approval
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15Why Invest in Hologic
I N S U M M A R Y THANK YOU!
MarketLeadership
Leading global player inwomens healthcare
FinancialStrength
Innovative New Products
Market Growth
Broad Distribution
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