{"id":792228,"date":"2024-12-04T06:03:01","date_gmt":"2024-12-04T11:03:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/edwards-lifesciences-outlines-growth-strategy-at-annual-investor-conference-3\/"},"modified":"2024-12-04T06:03:01","modified_gmt":"2024-12-04T11:03:01","slug":"edwards-lifesciences-outlines-growth-strategy-at-annual-investor-conference-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/edwards-lifesciences-outlines-growth-strategy-at-annual-investor-conference-3\/","title":{"rendered":"Edwards Lifesciences Outlines Growth Strategy at Annual Investor Conference"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwlistcircle { list-style-type: circle }\n.bwlistdisc { list-style-type: disc }\n.bwpadl0 { padding-left: 0px }\n.bwpadl1 { padding-left: 5px }\n.bwpadl4 { padding-left: 20px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwuline { text-decoration: underline }\n.bwvertalignm { vertical-align: middle }\n.bwwidth100 { width: 100% }\n.bwwidth50 { width: 50% }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Edwards Lifesciences Outlines Growth Strategy <\/b><b>at Annual Investor Conference<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nEdwards Lifesciences Corporation (NYSE: EW) will discuss the company\u2019s focused strategy for long-term sustainable growth, provide an update on its technology pipeline to serve more patients and share financial guidance today during its annual investor conference. Edwards enters 2025, its first full year as a purely structural heart company, in a strong position with major growth drivers in Transcatheter Aortic Valve Replacement (TAVR) and Transcatheter Mitral and Tricuspid Therapies (TMTT), the continued long-term performance of Surgical, and future opportunities with Structural Heart Failure and Aortic Regurgitation (AR).<\/p>\n<p><b>Highlights of today\u2019s conference include:<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nReaffirming original 2024 total company constant currency sales growth guidance of 8% to 10%<\/p>\n<\/li>\n<li>\nAdvancing broad portfolio of structural heart therapies with meaningful catalysts in 2025:<\/p>\n<ul class=\"bwlistcircle\">\n<li>\nTAVR growth reinforced by leading technology and EARLY TAVR<\/p>\n<\/li>\n<li>\nTMTT contribution accelerated by PASCAL, EVOQUE and SAPIEN M3<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\nProjecting 2025 constant currency sales growth of 8% &#8211; 10%; adjusted EPS of $2.40 &#8211; $2.50<\/p>\n<ul class=\"bwlistcircle\">\n<li>\nTAVR sales of $4.1 &#8211; $4.4 billion; maintaining constant currency growth of 5% &#8211; 7%, which assumes mid-year indication approval from EARLY TAVR<\/p>\n<\/li>\n<li>\nTMTT sales of $500 &#8211; $530 million; constant currency growth of 50% &#8211; 60%<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\nIncreasing contribution from an expanding set of structural heart therapies in 2026 and beyond; targeting 10% average annual total company sales growth and double-digit EPS growth<\/p>\n<ul class=\"bwlistcircle\">\n<li>\nMid-to-high single digit TAVR growth driven by EARLY TAVR and PROGRESS<\/p>\n<\/li>\n<li>\nTMTT increasing contribution to growth, reaching $2 billion by 2030<\/p>\n<\/li>\n<li>\nIncreasing contribution from new therapeutic areas including Structural Heart Failure and AR<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>\n\u201cIt is an exciting day for Edwards as we share our vision for 2025 and how our talented team and focus in structural heart is enabling us to help even more patients,\u201d said Bernard Zovighian, Edwards\u2019 CEO. \u201cWe are projecting another year of strong total company sales growth of 8 to 10 percent. We have significant opportunities to grow TAVR and are proud to continue our deep commitment to advancing science and streamlining care for aortic stenosis patients. Our vision for TMTT has developed into a growth portfolio of differentiated technologies. In Surgical, we continue to see strong global adoption of our premium RESILIA technologies.\u201d<\/p>\n<p>\nZovighian continued, \u201cIn 2026 and beyond, strong total company sales growth will be driven by meaningful catalysts with the potential to change aortic stenosis treatment, including EARLY TAVR and the expected successful outcome from the FDA-approved PROGRESS pivotal trial. TMTT\u2019s portfolio of life-changing therapies including PASCAL, EVOQUE and SAPIEN M3 will drive multiple years of rapid growth, while AR and Structural Heart Failure will address two new significant patient opportunities.\u201d<\/p>\n<p>\nTopics to be discussed at today\u2019s conference include:<\/p>\n<p><b>Transcatheter Aortic Valve Replacement (TAVR) <\/b>\u2013 Edwards\u2019 TAVR is positioned for strong sustainable growth as many patients remain undiagnosed, untreated or experience treatment delays. The company\u2019s SAPIEN platform of TAVR valves remains the category leader and the best-in-class therapy for lifetime management of aortic stenosis.<\/p>\n<p>\n\u201cThe future of TAVR remains strong driven by greater awareness, patient access, advances in new technologies, as well as indication expansion and increased global adoption,\u201d said Larry Wood, Edwards\u2019 CVP and Group President, Transcatheter Aortic Valve Replacement and Surgical.<\/p>\n<p>\nUpcoming milestones include:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nStrong global adoption of the SAPIEN 3 Ultra RESILIA system<\/p>\n<\/li>\n<li>\nTransformation of patient care stemming from EARLY TAVR, a pivotal trial studying the treatment of patients with severe aortic stenosis without symptoms<\/p>\n<\/li>\n<li>\nAdvancement through the follow-up process of PROGRESS, the fully enrolled pivotal trial studying the treatment of moderate aortic stenosis patients<\/p>\n<\/li>\n<\/ul>\n<p><b>Transcatheter Mitral and Tricuspid Therapies (TMTT)<\/b> \u2013 Edwards is revolutionizing care for the millions of patients suffering from mitral and tricuspid valve diseases. The company has successfully commercialized a unique portfolio of differentiated therapies, including PASCAL and EVOQUE. At the same time, the company remains committed to its strategy of transformative product innovation, robust and expanding clinical evidence to support approvals and adoption, as well as comprehensive support to ensure excellent real-world patient outcomes.<\/p>\n<p>\n\u201cContinued progress across our unique portfolio of life-changing mitral and tricuspid therapies will result in more patients diagnosed and treated, and a significant long-term growth opportunity,\u201d said Daveen Chopra, Edwards\u2019 CVP, Transcatheter Mitral and Tricuspid Therapies.<\/p>\n<p>\nUpcoming milestones include:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nCommercialization in the U.S. and Europe of the EVOQUE tricuspid valve, including the recently approved larger 56mm valve<\/p>\n<\/li>\n<li>\nContinued global expansion of the PASCAL Precision system<\/p>\n<\/li>\n<li>\nCE Mark for SAPIEN M3, the world\u2019s first transcatheter mitral valve replacement system, remains on-track for mid-year 2025, with U.S. approval in H1 2026<\/p>\n<\/li>\n<li>\nCompletion of follow-up in CLASP IITR, a pivotal trial studying PASCAL for tricuspid patients<\/p>\n<\/li>\n<\/ul>\n<p><b>Surgical <\/b>\u2013 Edwards remains committed to advancing its leadership in surgical therapies. The company is focused on identifying and solving critical unmet needs in cardiac surgery to help patients live longer, healthier and more active lives. In 2025, Edwards will continue to drive adoption of its RESILIA portfolio, the new standard of tissue durability, including INSPIRIS, MITRIS and KONECT. Also in 2025, Edwards will continue to expand access to its best-in-class surgical innovations in emerging markets to help benefit millions of patients worldwide.<\/p>\n<p><b>Structural Heart Failure <\/b>\u2013 During 2025, Edwards plans to build a foundation for growth in Implantable Heart Failure Management, a meaningful long-term opportunity for patients suffering from heart failure. With the recent U.S. approval of the Cordella system, an implantable pulmonary artery pressure sensor allowing advanced heart failure management, Edwards will focus on building its commercial team and deploying physician training and case support to ensure high quality outcomes.<\/p>\n<p><b>Transcatheter Aortic Valve Replacement (TAVR-AR) <\/b>\u2013 Edwards will invest to accelerate the development of Aortic Regurgitation (AR) therapies to enable earlier patient access. AR is a deadly undertreated disease that currently has no catheter-based option. As the pioneers in valve innovation, Edwards is well-positioned to lead this next frontier of aortic valve disease treatment and expects this to be the beginning of a long-term, iterative strategy similar to TAVR.<\/p>\n<p><b><span class=\"bwuline\">2025 Guidance<\/span><\/b><\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwtopsingle bwsinglebottom bwrightsingle bwwidth50 bwleftsingle bwpadl1 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nSales<\/p>\n<\/td>\n<td class=\"bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth50 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n$5.6 &#8211; $6.0 billion<\/p>\n<p class=\"bwalignc bwcellpmargin\"><i>(8% &#8211; 10% constant currency growth)<\/i><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwwidth50 bwleftsingle bwpadl4 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nTAVR<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth50 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n$4.1 &#8211; $4.4 billion<\/p>\n<p class=\"bwalignc bwcellpmargin\"><i>(5% &#8211; 7% constant currency growth)<\/i><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwwidth50 bwleftsingle bwpadl4 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nTMTT<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth50 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n$500 &#8211; $530 million<\/p>\n<p class=\"bwalignc bwcellpmargin\"><i>(50% &#8211; 60% constant currency growth)<\/i><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwwidth50 bwleftsingle bwpadl4 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nSurgical<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth50 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n$970 million &#8211; $1.05 billion<\/p>\n<p class=\"bwalignc bwcellpmargin\"><i>(mid-single digit constant currency growth)<\/i><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwwidth50 bwleftsingle bwpadl1 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nFX Impact on Sales<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth50 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n~$100 million unfavorable<\/p>\n<p class=\"bwalignc bwcellpmargin\"><i>(~2pt downside to reported growth)<\/i><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwwidth50 bwleftsingle bwpadl1 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nAdjusted Gross Profit Margin<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth50 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n78% &#8211; 79%<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwwidth50 bwleftsingle bwpadl1 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nAdjusted Operating Margin<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth50 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n27% &#8211; 28%<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwwidth50 bwleftsingle bwpadl1 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nTax Rate<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth50 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n15% &#8211; 18%<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwwidth50 bwleftsingle bwpadl1 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nAdjusted EPS<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth50 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n$2.40 &#8211; $2.50<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwwidth50 bwleftsingle bwpadl1 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nDiluted Shares Outstanding<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth50 bwvertalignm\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n585 \u2013 595 million<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\nIn addition to <b>Zovighian, Wood and Chopra<\/b>, other members of Edwards\u2019 management team presenting include:<\/p>\n<p><b>Todd Brinton, M.D., F.A.C.C.<\/b>, Chief Scientific Officer<br \/>\n<br \/><b>Diane Gomez-Thinnes<\/b>, CVP, Implantable Heart Failure Management<br \/>\n<br \/><b>Wayne Markowitz<\/b>, SVP, Surgical<br \/>\n<br \/><b>Scott Ullem<\/b>, Chief Financial Officer<\/p>\n<p>\nThe conference will also include a session with:<\/p>\n<p><b>Michael Mack, MD,<\/b> Director of Cardiothoracic Surgery at Baylor Scott &amp; White Health \u2013 Dallas, Texas.<br \/>\n<br \/><b>Carrie Redick, RN, MSN, NEA-BC,<\/b> Director of Interventional Cardiology and Structural Heart at Atlantic Health Systems \u2013 Morristown, N.J.<\/p>\n<p>\nClinical perspectives will also be provided by:<\/p>\n<p><i>TAVR<\/i><\/p>\n<p><b>Philippe G\u00e9n\u00e9reux, MD<\/b>, Interventional Cardiology, Gagnon Cardiovascular Institute, Morristown Medical Center \u2013 Morristown, N.J.<br \/>\n<br \/><b>Brian R. Lindman, MD, MSCI<\/b>, Interventional Cardiology, Vanderbilt Health \u2013 Nashville, Tenn.<br \/>\n<br \/><b>Mark Russo, MD, MS,<\/b> Cardiac Surgery, Robert Wood Johnson Medical School \u2013 New Brunswick, N.J.<br \/>\n<br \/><b>David A. Wood, MD<\/b>, Interventional Cardiology, University of British Columbia Hospital \u2013 Vancouver, Canada<\/p>\n<p><i>TMTT<\/i><\/p>\n<p><b>Suzanne V. Arnold, MD, MHA<\/b>, Interventional Cardiology, University of Missouri-Kansas City School of Medicine \u2013 Kansas City, Mo.<br \/>\n<br \/><b>Charles Davidson, MD<\/b>, Interventional Cardiology, Northwestern Medicine \u2013 Evanston, Ill.<br \/>\n<br \/><b>Rebecca T. Hahn, MD<\/b>, Interventional Cardiology, New York-Presbyterian Hospital \u2013 New York, N.Y.<br \/>\n<br \/><b>Susheel Kodali, MD<\/b>, Interventional Cardiology, Columbia Medical Center \u2013 New York, N.Y.<br \/>\n<br \/><b>Raj Makkar, MD<\/b>, Interventional Cardiology, Smidt Heart Institute \u2013 Los Angeles, Calif.<br \/>\n<br \/><b>Rahul P. Sharma, MBBS, FRACP<\/b>, Interventional Cardiology, Stanford Healthcare \u2013 Stanford, Calif.<br \/>\n<br \/><b>Thomas E. Waggoner, DO<\/b>, Interventional Cardiology, Tucson Medical Center \u2013 Tucson, Ariz.<br \/>\n<br \/><b>Firas Zahr, MD<\/b>, Interventional Cardiology, Oregon Health &amp; Science University Hospital \u2013 Portland, Ore.<\/p>\n<p><i>Surgical<\/i><\/p>\n<p><b>Gorav Ailawadi, MD, MBA<\/b>, Cardiac Surgery, University of Michigan \u2013 Ann Arbor, Mich.<br \/>\n<br \/><b>Pavan Atluri, MD<\/b>, Cardiothoracic Surgeon, Hospital of the University of Pennsylvania \u2013 Philadelphia, Penn.<br \/>\n<br \/><b>Ismail El-Hamamsy, MD, PhD<\/b>, Cardiac Surgery, Mount Sinai \u2013 New York, N.Y.<br \/>\n<br \/><b>Derek MacDonald, MD<\/b>, Cardiothoracic Surgeon, Sudbury Regional Hospital \u2013 Sudbury, Canada<br \/>\n<br \/><b>Richard J. Shemin, MD<\/b>, Cardiothoracic Surgeon, UCLA Health \u2013 Los Angeles, Calif.<br \/>\n<br \/><b>Vinod Thourani, MD<\/b>, Cardiac Surgery, Piedmont Heart Institute \u2013 Atlanta, Ga.<\/p>\n<p><i>Implantable Heart Failure Management<\/i><\/p>\n<p><b>Dr. Liviu Klein, MD, MS<\/b>, Director of Advanced Heart Failure, UCSF \u2013 San Francisco, Calif.<\/p>\n<p><b><span class=\"bwuline\">Conference Call and Webcast Information<\/span><\/b><\/p>\n<p>\nThe investor conference can be accessed via live webcast at ir.edwards.com beginning at 8:30 a.m. Eastern Time today. The presentations will be available on the Edwards website. The webcast will be archived on the \u201cInvestor Relations\u201d section of the Edwards website at ir.edwards.com or <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.edwards.com&amp;esheet=54161472&amp;newsitemid=20241204753811&amp;lan=en-US&amp;anchor=www.edwards.com&amp;index=1&amp;md5=16a6d70cf2de7feaaf807c1690a451c1\">www.edwards.com<\/a>.<\/p>\n<p><b><span class=\"bwuline\">About Edwards Lifesciences<\/span><\/b><\/p>\n<p>\nEdwards Lifesciences is the leading global structural heart innovation company, driven by a passion to improve patient lives. Through breakthrough technologies, world-class evidence and partnerships with clinicians and healthcare stakeholders, our employees are inspired by our patient-focused culture to deliver life-changing innovations to those who need them most. Discover more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.edwards.com&amp;esheet=54161472&amp;newsitemid=20241204753811&amp;lan=en-US&amp;anchor=www.edwards.com&amp;index=2&amp;md5=11e4d3b5199df9ebf9f702d76a31c1e1\">www.edwards.com<\/a> and follow us on LinkedIn, Facebook, Instagram and YouTube.<\/p>\n<p>\nThis news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements can sometimes be identified by the use of words such as \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cestimate,\u201d \u201cpotential,\u201d \u201cpredict,\u201d &#8220;early clinician feedback,&#8221; \u201cexpect,\u201d \u201cintend,\u201d \u201cguidance,\u201d \u201coutlook,\u201d \u201coptimistic,\u201d \u201caspire,\u201d \u201cconfident\u201d or other forms of these words or similar expressions and include, but are not limited to, statements made by Messrs. Zovighian, Wood, and Chopra, statements in the highlights of today\u2019s conference section, full year 2024 financial guidance and financial guidance for 2025, 2026 and beyond, long-term growth catalysts in 2025, statements regarding the strength of the future of TAVR, long-term growth opportunity, increase in more diagnosed and treated patients, high-quality outcomes, CMS national coverage determination expectations, the RESILIA tissue technology, the global adoption of TAVR, and TAVR and TMTT milestones, and statements regarding transforming patient treatment, approvals, pivotal trials, clinical outcomes and adoption. No inferences or assumptions should be made from statements of past performance, efforts, or results which may not be indicative of future performance or results. Forward-looking statements are based on estimates and assumptions made by management of the company and are believed to be reasonable, though they are inherently uncertain, difficult to predict, may be outside of the company\u2019s control and may be subject to the satisfaction of certain customary conditions. The company&#8217;s forward-looking statements speak only as of the date on which they are made and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of the statement. If the company does update or correct one or more of these statements, investors and others should not conclude that the company will make additional updates or corrections.<\/p>\n<p>\nForward-looking statements involve risks and uncertainties that could cause actual results or experience to differ materially from that expressed or implied by the forward-looking statements. Factors that could cause actual results or experience to differ materially from that expressed or implied by the forward-looking statements include risk and uncertainties associated with clinical trial or commercial results or new product approvals and therapy adoption; unpredictability of product launches; competitive dynamics; changes to reimbursement for the company&#8217;s products; the company\u2019s success in developing new products and avoiding manufacturing and quality issues; labor and employment markets; the impact of currency exchange rates; the timing or results of R&amp;D and clinical trials; unanticipated actions by the U.S. Food and Drug Administration and other regulatory agencies; unexpected litigation impacts or expenses; and other risks detailed in the company&#8217;s filings with the Securities and Exchange Commission (SEC). These filings, along with important safety information about our products, may be found at edwards.com.<\/p>\n<p>\nEdwards, Edwards Lifesciences, the stylized E logo, ALLIANCE, CLASP, CLASP II, Cordella, EARLY TAVR, EVOQUE, INSPIRIS, MITRIS, PASCAL, PASCAL Precision, PROGRESS, RESILIA, SAPIEN, SAPIEN M3, SAPIEN X4, SAPIEN 3, and SAPIEN 3 Ultra are trademarks of Edwards Lifesciences Corporation or its affiliates. All other trademarks are the property of their respective owners.<\/p>\n<p>\n___________________<br \/>\n<br \/><sup>[1] <\/sup>Guidance for underlying sales growth and adjusted earnings per share are provided on a non-GAAP basis, adjusted for special items described below, due to the inherent difficulty in forecasting such items without unreasonable efforts. The Company is not able to provide a reconciliation of these non-GAAP guidance to comparable GAAP measures due to the unknown effect, timing and potential significance of special charges or gains, and management\u2019s inability to forecast charges associated with future transactions and initiatives.<\/p>\n<p>\nTo supplement the consolidated financial results prepared in accordance with Generally Accepted Accounting Principles (\u201cGAAP\u201d), the Company uses non-GAAP financial measures. Management makes adjustments to the GAAP measures for items (both charges and gains) that (a) do not reflect the core operational activities of the Company, (b) are commonly adjusted within the Company\u2019s industry to enhance comparability of the Company\u2019s financial results with those of its peer group, or (c) are inconsistent in amount or frequency between periods (albeit such items are monitored and controlled with equal diligence relative to core operations).<\/p>\n<p>\nThe Company uses the term \u201cunderlying\u201d or \u201corganic\u201d growth rate when referring to non-GAAP sales information as adjusted for items referenced in (a) \u2013 (c) above, which in the future may exclude, as applicable, items such as foreign exchange rate fluctuations, sales return reserves associated with product upgrades, and proforma sales results of business acquisitions and divestitures. The Company uses the term \u201cadjusted earnings per share\u201d which may in the future also exclude intellectual property litigation income and expenses, amortization of intangible assets, fair value adjustments to contingent consideration liabilities arising from acquisitions, impairments of long-lived assets, the purchase of intellectual property, realignment expenses, and the impact from implementation of tax law changes and settlements.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241204753811r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20241204753811\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241204753811\/en\/<\/a><\/span><\/p>\n<p>\nMedia Contact: Amy Hytowitz, 949-250-5070<br \/>\n<br \/>Investor Contact: Mark Wilterding, 949-250-6826<\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Biotechnology Surgery Medical Devices Health Cardiology<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241204753811\/en\/2321683\/3\/edwards_logo_v1_423_rgb_pos_jpg.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Edwards Lifesciences Outlines Growth Strategy at Annual Investor Conference NEW YORK&#8211;(BUSINESS WIRE)&#8211; Edwards Lifesciences Corporation (NYSE: EW) will discuss the company\u2019s focused strategy for long-term sustainable growth, provide an update on its technology pipeline to serve more patients and share financial guidance today during its annual investor conference. Edwards enters 2025, its first full year as a purely structural heart company, in a strong position with major growth drivers in Transcatheter Aortic Valve Replacement (TAVR) and Transcatheter Mitral and Tricuspid Therapies (TMTT), the continued long-term performance of Surgical, and future opportunities with Structural Heart Failure and Aortic Regurgitation (AR). Highlights of today\u2019s conference include: Reaffirming original 2024 total company constant currency sales growth guidance of 8% to 10% Advancing broad &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/edwards-lifesciences-outlines-growth-strategy-at-annual-investor-conference-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Edwards Lifesciences Outlines Growth Strategy at Annual Investor Conference&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-792228","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Edwards Lifesciences Outlines Growth Strategy at Annual Investor Conference - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/edwards-lifesciences-outlines-growth-strategy-at-annual-investor-conference-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Edwards Lifesciences Outlines Growth Strategy at Annual Investor Conference - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Edwards Lifesciences Outlines Growth Strategy at Annual Investor Conference NEW YORK&#8211;(BUSINESS WIRE)&#8211; Edwards Lifesciences Corporation (NYSE: EW) will discuss the company\u2019s focused strategy for long-term sustainable growth, provide an update on its technology pipeline to serve more patients and share financial guidance today during its annual investor conference. Edwards enters 2025, its first full year as a purely structural heart company, in a strong position with major growth drivers in Transcatheter Aortic Valve Replacement (TAVR) and Transcatheter Mitral and Tricuspid Therapies (TMTT), the continued long-term performance of Surgical, and future opportunities with Structural Heart Failure and Aortic Regurgitation (AR). 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