The company depends on raw materials for manufacturing the ProSense system and disposable CryoProbes, some of which are nearing end-of-life, no longer commercially available, or sourced from limited suppliers. There are no guaranteed supply contracts with all raw material or component suppliers, which increases the risk of shortages, obsolescence, and cost control challenges. Substituting components may require additional testing or regulatory approvals that may not be timely or assured. The company relies significantly on its strategic relationship and distribution agreements with Terumo Corporation and its affiliates for revenue, particularly in Japan. Termination or impairment of this relationship, or the inability to secure additional distributors on favorable terms, could lead to revenue declines. Distributors may also prioritize competitors' products, and the company's financial performance depends on Terumo Corporation's service efforts and regulatory approval activities.
Icecure Medical Ltd's Comment on Supply Chain
The company depends on raw materials for manufacturing the ProSense system and disposable CryoProbes, some of which are nearing end-of-life, no longer commercially available, or sourced from limited suppliers. There are no guaranteed supply contracts with all raw material or component suppliers, which increases the risk of shortages, obsolescence, and cost control challenges. Substituting components may require additional testing or regulatory approvals that may not be timely or assured. The company relies significantly on its strategic relationship and distribution agreements with Terumo Corporation and its affiliates for revenue, particularly in Japan. Termination or impairment of this relationship, or the inability to secure additional distributors on favorable terms, could lead to revenue declines. Distributors may also prioritize competitors' products, and the company's financial performance depends on Terumo Corporation's service efforts and regulatory approval activities.
Sources:
Icecure Medical Ltd's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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