Ecamsud ltd.

ברזיל, צ'ילה, קוסטה-ריקה ופנמה

Dear Robert,

I hope this email finds you well.

We had some positive feedback from Brazil. Indeed, our Brazilian distributor is extremely interested in distributing your device. It is our biggest partner in Latam.

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Brazil is the biggest market in Latam, Brazilian market alone is more important than all other Latam countries together. It is not an easy market to penetrate, with the right local partner the business can be very profitable for all parts. Regarding Chile, our partner is in full reorganization, as slowly but surely the quarantine is being softened and selective surgeries are being performed again, therefore he asked us some more time in order to make a serious analysis—> 2 more weeks.

Another of our partners is interested, our distributor for Costa Rica and

Panama. We need as well 10/15 days to get their feedback.

Until we receive answers from Chile and Panama/Costa Rica, we might have another Skype meeting in order to discuss Brazilian business opportunity. �

Would it be ok for you and when could you?

Best regards.

Edouard Conan

Med-Tech Access Ltd.

Dear Robert,

Thank you for your time earlier, I am always excited to hear about new and innovative products! I have pulled together a few slides with regard to how I might be able to add real vale to your project…this is merely a discussion document and something that we could redesign.

The challenges that I see initially are demonstrating patient benefit vs what is currently out there (Stat Lock by CR Bard for instance). Then the cost implications, a robust cost effectiveness argument would be useful here. My outline proposal covers these issues. My thinking is that if we can present an end to end opportunity (overcoming entry barriers) to potential distributors or out licensing targets there is likely to be a better uptake, and potentially at a better price per unit to Cathetrix (by removing risk). I firmly believe that argumentation and evaluation from a UK perspective would be highly valued in other regions, so this adds to the overall affordability / value of such a project. I have also included a suggestion that I would pull a pitch deck together for potential distributors based on my findings, in addition to this I would be open to representing Cathetrix at pitch meetings as an additional resource in the EU. It would be good to see your List Price and anticipated ASP….as discussed I would be happy to sign an NDA if you would like to explore this further. Please also find a letter of recommendation attached for your information.

I look forward to speaking again soon!

Regards,

Andy Moss

Director

Med-Tech Access Ltd.

Tel: +44 (0) 7554 499484