ResMed Inc (STU:RME)

€ 232.3 -1.9 (-0.81%) Market Cap: 34.52 Bil Enterprise Value: 34.92 Bil PE Ratio: 32.70 PB Ratio: 6.98 GF Score: 98/100

Resmed Inc at Bank of America Merrill Lynch Global Healthcare Conference Transcript

Sep 14, 2023 / 03:45PM GMT

Release Date Price: €137.35 (-2.24%)

Transcript

Travis Lee Steed

BofA Securities, Research Division - MD

I'm Travis Steed, the U.S. medical device analyst at Bank of America. And the last session of the day, where -- save the best for last, we've got ResMed here. Rob Douglas, President and Chief Operating Officer; and Amy Wakeham, head of Investor Relations. Thanks for joining. I think Rob I was going to hand it over to you to make a few opening remarks and if you will, and we can jump into some Q&A.

Robert A. Douglas

ResMed Inc. - President & COO

Sure. Thanks, Travis. Just briefly, if you don't know ResMed, we're best known for treating sleep apnea, but we actually do a lot more than that and we've got really good software businesses, and we're very focused on our COPD treatments as well. As I said, the bulk of our business is treating obstructive sleep apnea, and we're way ahead the market leader in that. And it's a very good market for us. we think the total addressable market is probably close to 1 billion people. It's a very common condition, and we've seen prevalence increasing over the years

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