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    Chad WyrowskiTD Cowen

    Chad Wyrowski is a Managing Director and Senior Equity Research Analyst at TD Cowen, specializing in the U.S. Healthcare sector with a particular focus on Diagnostics, Tools, and Medical Devices. He actively covers companies such as Abbott Laboratories, QuidelOrtho, Hologic, Danaher, and Thermo Fisher Scientific, and is recognized for his deep insights and data-driven research, maintaining a strong track record of accurate stock recommendations with a success rate above 60% and average annualized returns outperforming sector benchmarks. Wyrowski began his Wall Street career in 2006, with prior experience at Morgan Stanley and Bank of America Merrill Lynch, before joining TD Cowen in 2018. He holds FINRA Series 7, 63, 86, and 87 registrations, and has received industry accolades for his thought leadership and research quality.

    Chad Wyrowski's questions to 908 Devices Inc (MASS) leadership

    Chad Wyrowski's questions to 908 Devices Inc (MASS) leadership • Q3 2024

    Question

    Chad Wyrowski, on for Brendan Smith, asked about the key customer pain points the next-generation MX908 is designed to address to drive a replacement cycle and whether it could also expand the market. He also questioned if the 'Try Before You Buy' program from RedWave is already implemented for legacy 908 devices or if it will take several quarters to roll out.

    Answer

    Executive Kevin Knopp stated the next-gen MX908 aims to disrupt the market again by offering a step-change in performance, a smaller size and weight, and a lower cost of goods, which should drive an upgrade cycle across the 2,700+ unit installed base. Regarding commercial strategy, Knopp explained that the company is actively aligning its sales force to adopt RedWave's successful programs, like 'Try Before You Buy.' While these programs are pre-existing for RedWave products, the company is now working to scale them and evaluate their application to the MX908, a process that will take some time.

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