Q4 2022 Nyxoah SA Earnings Call
Conferencing Center, if you do not anticipate asking a question via the phone you can alternatively access the call audio via the webcast link provided in a press release or on the IR website. Our conference coordinator would be with you momentarily. Thank you.
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Thank you for calling May I. Please have the conference you wish to attend today.
Yeah.
Okay.
Thank you May I, please get your first name.
Thank you May I, please get your last name Rachel.
Thank you Ms. Smith May I. Please have the name of the company that you all please.
Thank you Ms Smith, placing you into the conference now.
And then I guess.
Sorry go ahead.
So he and I wanted to maybe just add something to this one as well if you look at over technology that we do not have an implantable pulse generator, both generated which is the highest cost. If you look at the total implant also that we are really feeling confident that we are aiming and we will be ending up in the second let's say 85 plus percent.
Gross margins so that's about it.
And going forward in line of course with goes hand in hand with the volume increase.
Okay, Great. That's helpful. And then I guess just on the Opex can you just walk through some of maybe the marketing activity that you currently have going on and maybe any new ones that are going to come out in 2022, and then lastly, we just talk about maybe some.
Yep hires planned for this year.
Yeah. So I mean in terms of marketing cost. This is mainly related to our activities in Europe , specifically in Germany.
We have our team of 13.
In Germany, and we have digital marketing sorry directly visiting customers and we are.
Digital marketing.
As well so we will be spending slightly there countries in Europe , but this is the majority.
Of the team we have in our.
In head count and in Europe for the for the time being.
Maybe on in addition to this do we plan to further the highest you have grown this goes hand in hand with the market access all the reimbursement in countries as I mentioned before we are waiting, Belgium, Netherlands Nordic countries. We saw that we also made our first hospital budget securitization in Spain. So important for <unk> that we have a dedicated sales force.
The moment, we have a good view on obtaining reimbursement in a specific country of course, we start hiring and we will further explore so concrete yes, you can expect let's say five to six additional headcounts in Europe .
What do we already touched on also in the pre commercialization for the U S that we want to make sure that we are also making the needed investments that have gone like for example, a market like sales domestically in the U S preparing and already preparing the landscape for future reimbursement in the U S as well.
Sounds great Congrats again and thanks for taking my questions.
Thank you.
Thank you and Thats all the questions I have.
I would like to turn it back to Olivier Tillman.
For closing remarks.
Yes. Thank you in closing remarks will be very short so first of all thank you for joining US again, thanks for the great questions.
Thank you very much and looking forward to update you again in the near future in the near future will be our Q1, earning call that we will be hosting on Nathan so within six weeks, if I'm not mistaken. Thank you and enjoy the rest of the day.
This concludes today's conference call. Thank you for participating you may now disconnect.
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Conferencing Center, if you do not anticipate asking a question via the phone you can alternatively access the call audio via the webcast link provided in a press release or on the IR website. Our conference coordinator would be with you momentarily. Thank you.
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Thank you for calling May I have your conference I'd number please.
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Hello.