Matt Miksic: Thanks so much.
Operator: Our next question comes from Danielle Antalffy with UBS. Please state your question.
Danielle Antalffy: Hey. Good afternoon guys. Thanks so much for taking the question. I was just wondering if I could follow-up actually on the data, the five year data, we saw yesterday. And Larry, if there’s any read that we can make or something that could — that we saw in the data that could give us more confidence in the upcoming asymptomatic data readout or is that just too difficult to take anything from yesterday and apply it to that trial?
Larry Wood: Yeah. I appreciate everybody’s trying to get an early read on early TAVR. And I don’t think there’s — I don’t think there’s anything that’s really –from this data that I – and I haven’t even, we haven’t even broke apart the early TAVR data. So I don’t even know anything about the data set yet to even talk about and even if I did, I couldn’t tell you. I think the, just broadly speaking, the fact that we show excellent durability out at five years with no durability signal whatsoever. SVA asymptomatic trial was successful, which you know, we obviously hope it is. But if that trial is successful, it just takes one more burden away from people saying, do I want to treat people earlier in the disease state. And I think the more durability data we can put on the board will help make that if that trial was successful and we do get the indication that, that will be one barrier that’s removed.
So I think the long-term data continuing to build on the durability and safety and long-term results of the platform, just continue to be important, and it’s going to be important long-term for the progress trial. If you’re going to treat people with moderate disease down the road, you need to make sure you have a durable platform and that it has options, down the road for these patients. So I think it all is complementary, but I don’t think anything about this trial informs the early TAVR results.
Danielle Antalffy: Okay. Got it. And then just a quick question on. Bernard, you mentioned there’s still a lot of these patients untreated out there. I mean, as far as Edwards’ progress on getting those patients off the couch into their physician’s office diagnosed and referred for TAVR. I mean, where are we in that process? You guys spent a lot of time at the Analyst Day last December, I imagine we’ll get an update too in December, in a few week here. But just curious what you can say about, are you seeing any real traction in some of the direct-to-consumer campaigns, things like that. Thanks so much.
Bernard Zovighian: Well, thanks for the question. We see that this initiative as super and important to us. We have a right platform. We have a right science so how can we get you know more patients. And we have done in the last, I want to say years, maybe you know three to four years, a lot of initiatives, a lot of pilots, we learned a lot. This year, we scale some of the initiatives. And so we are going to talk more about it in December. Larry and his team are going to talk about it. But we feel like — we have some interesting learning, and we believe that, we are starting to see some impact also. So we feel excited about the potential of that. It is why, when we see, we believe the future is even more exciting. It is because of this reason. In addition, obviously, asymptomatic and moderate indication will add to all of this. But Larry, do you want to add anything?
Larry Wood: Sure. I think it’s one thing that I think people are missing a little bit is, it’s not like we just started doing patient activation stuff last year or in the last two years. I mean we go all the way back to starting a website with a lot of educational information for patients, even things like how to find a TAVR center and questionnaires and patient information kits. So we’ve been doing a lot of things over the last several years, and I think, is one of the reasons the market has grown and developed the way it has. So I think a lot of our digital and patient activation efforts are still — are paying dividends right now. Now, the deeper you go into the prevalence pool, the harder it gets and the more activation you have to do.
So it’s sort of a — it’s not a light switch. It’s a never-ending journey that you’re going to do to continue to build on the last program with additional programs to try to get people activated. And I’ll tell you, we have a lot of work streams, and we’re looking forward to maybe get into a little bit more detail at the investor conference and trying to show you a little bit about other things that we’re working on. But we have a number of pilots and we have a lot of very mature programs at the same time that we think help us a lot.
Operator: Thank you. And our next question comes from Pito Chickering with Deutsche Bank. Please state your question.
Pito Chickering: Hey. Good afternoon, guys. Pre-script you mentioned that the TAVR market share is stable. If you look at competitive accounts with hospitals or doctors, that use both SAPIEN and CoreValve? Are you seeing any market changes in those accounts where RESILIA is competing against FX?
Daveen Chopra: Yeah. I think market share has been pretty stable. I don’t think we’ve seen big shifts or big changes. We’re very excited about RESILIA and I think, I think it does get people increased confidence in, going into younger lower risk patients. So, we feel good about that, but maybe we can try to update that a little bit more at the investor conference, but again, I think overall, I think share has been, been generally pretty stable.
Pito Chickering: Okay. Great. And then a quick follow up for TAVR, I think you said procedure growth was the same as revenue growth. But was there any benefit from positive pricing from RESILIA, I thought that would help to drive revenue growth above the volume growth? Thanks so much.
Daveen Chopra: There was a little benefit, it wasn’t the, the big driver of our growth.
Pito Chickering: Great. Thank you.
Operator: Thank you. And ladies and gentlemen, that’s all the-time we have for questions today. I’ll hand the floor back to management for closing remarks.
Bernard Zovighian: Thank you. So let me close this meeting by saying, I am pleased with our performance in 2023. Beyond the numbers, I am excited with the progress we have made, reinforcing our TAVR leadership position with new clinical evidence, and expanding our mitral and tricuspid patient reach with new approved technologies. As a result, we are confident in our long-term strategy to help even more patients around the world. Thanks for your continued trust in Edwards. The IR team, Scott and I welcome any additional questions, any additional questions by phone. Thank you.
Operator: Thank you. And with that we conclude today’s conference call. All parties may disconnect. Have a good day.
