Financial PerformanceReaching the milestone of $100M in revenues brings the company closer to profitability and increases the tangibility of TELA as a take-out candidate.
Growth OpportunitiesNew products like inguinal hernia and Liquifix have been successful since their launch, providing TELA opportunities in high-volume procedures.
Leadership And ManagementThe appointment of Jeff Blizard, who brings extensive leadership experience from Abiomed, is seen as a positive move for TELA's growth strategy.