Apyx Medical Corporation Releases Environmental, Social and Governance Data in New Tear Sheet
28 July 2022 - 06:05AM
Business Wire
Apyx Medical Corporation (NASDAQ:APYX) (the “Company”),
the manufacturer of proprietary helium plasma and radiofrequency
technology products marketed and sold as Renuvion® in the cosmetic
surgery market and J-Plasma® in the hospital surgical market, today
announced its first reporting of environmental, social and
governance (“ESG”) data via a newly released tear sheet. This data
provides context to the Company’s ESG goals and priorities
important to its business and stakeholders.
The Company’s tear sheet outlines environmental, social and
governance priorities, and includes selected data for the year
ended December 31, 2021. Under the oversight of the Nominating and
Governance Committee of its Board of Directors, and with the
assistance of a third-party consultant with expertise in this area,
the data was compiled by various members of the Company’s
management team, with much of it being collected for the first
time. The goal of the tear sheet is to provide an overview of the
Company’s recent performance and set a baseline for assessing
future progress.
The tear sheet provides disclosure in accordance with the
Sustainability Accounting Standards Board (“SASB”) standards for
the Medical Equipment and Supplies sector. In addition, it provides
disclosure of additional ESG metrics that are relevant to the
Company’s business and identifies where efforts and programs are
aligned with the United Nations Sustainable Development Goals (“UN
SDGs”).
The priorities documented in the tear sheet include
environmental issues such as energy and waste management. Social
priorities documented include product safety and quality, ethical
marketing practices and supply chain management, as well as
workforce diversity, employee health and safety, employee training,
development and engagement and pay equity. Governance priorities
documented include Board diversity and oversight, data privacy and
security and employee and supplier business ethics.
“At this early stage in our ESG journey, we know how important
it is to assess and understand where we are in order to measure
progress and achieve the goals we have communicated,” said Charlie
Goodwin, President and Chief Executive Officer. “These efforts will
positively impact our employees, our physician customers and their
patients, enhance our care of the environment and continue our
commitment to operating our business with the highest level of
ethics and responsibility.”
A copy of the Company’s tear sheet can be found on the Investor
Relations section of its website at
http://apyxmedical.com/wp-content/uploads/2022/07/apyx_medical_enviornmental_social_and_governance_tear_sheet_072522.pdf
About Apyx Medical
Corporation:
Apyx Medical Corporation is an advanced energy technology
company with a passion for elevating people’s lives through
innovative products, including its Helium Plasma Technology
products marketed and sold as Renuvion® in the cosmetic surgery
market and J-Plasma® in the hospital surgical market. Renuvion® and
J-Plasma® offer surgeons a unique ability to provide controlled
heat to tissue to achieve their desired results. The Company also
leverages its deep expertise and decades of experience in unique
waveforms through OEM agreements with other medical device
manufacturers. For further information about the Company and its
products, please refer to the Apyx Medical Corporation website at
www.ApyxMedical.com.
Cautionary Statement on Forward-Looking
Statements:
Certain matters discussed in this release and oral statements
made from time to time by representatives of the Company may
constitute forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995 and the Federal
securities laws. Although the Company believes that the
expectations reflected in such forward-looking statements are based
upon reasonable assumptions, it can give no assurance that its
expectations will be achieved.
All statements other than statements of historical fact are
statements that could be deemed forward-looking statements,
including but not limited to, any statements regarding the
potential impact of the COVID-19 pandemic and the actions by
governments, businesses and individuals in response to the
situation; projections of net revenue, margins, expenses, net
earnings, net earnings per share, or other financial items;
projections or assumptions concerning the possible receipt by the
Company of any regulatory approvals from any government agency or
instrumentality including but not limited to the U.S. Food and Drug
Administration, supply chain disruptions, component shortages,
manufacturing disruptions or logistics challenges; or macroeconomic
or geopolitical matters and the impact of those matters on the
Company’s financial performance.
Forward-looking statements and information are subject to
certain risks, trends and uncertainties that could cause actual
results to differ materially from those projected. Many of these
factors are beyond the Company’s ability to control or predict.
Important factors that may cause the Company’s actual results to
differ materially and that could impact the Company and the
statements contained in this release include but are not limited to
risks, uncertainties and assumptions relating to the regulatory
environment in which the Company is subject to, including the
Company’s ability to gain requisite approvals for its products from
the U.S. Food and Drug Administration and other governmental and
regulatory bodies, both domestically and internationally; the
impact of the recent FDA Safety Communication on our business and
operations; factors relating to the effects of the COVID-19
pandemic; sudden or extreme volatility in commodity prices and
availability, including supply chain disruptions; changes in
general economic, business or demographic conditions or trends;
changes in and effects of the geopolitical environment; liabilities
and costs which the Company may incur from pending or threatened
litigations, claims, disputes or investigations; and other risks
that are described in the Company’s Annual Report on Form 10-K for
the fiscal year ended December 31, 2021 and the Company’s other
filings with the Securities and Exchange Commission. For
forward-looking statements in this release, the Company claims the
protection of the safe harbor for forward-looking statements
contained in the Private Securities Litigation Reform Act of 1995.
The Company assumes no obligation to update or supplement any
forward-looking statements whether as a result of new information,
future events or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220727005890/en/
Investor Relations Contact:
ICR Westwicke on behalf of Apyx Medical Corporation Mike Piccinino,
CFA investor.relations@apyxmedical.com
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