Allurion Technologies Inc at Jefferies London Healthcare Conference Transcript
Good morning, and welcome to the Jefferies Healthcare Conference. It's my pleasure to now introduce Shantanu Gaur, Founder and CEO of Allurion.
Thank you very much, everyone. I'm Shantanu Gaur, Founder and CEO of Allurion. It's a real pleasure to be here with you this morning.
We founded Allurion back in 2009, really, with one goal in mind; that's to end obesity around the world. And to that end, we're off to a very interesting and fast start. We're in the obesity space, and this is clearly one of the biggest problems in healthcare, one of the biggest unmet needs in the world. Analysts are calling for this to be a $50 billion to $100 billion revenue opportunity by 2023.
And what we've developed at Allurion is really a proven technology that delivers, on average, 30 pounds of weight loss in just four months. But crucially, 95% of that weight loss can be maintained one year after our device leaves the patient's body. So not just a focus on weight loss, but a focus on
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