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  "documentTitle": "Nevro Corp. (NVRO)",
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  "authorName": "Kir Kahlon",
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  "presentationDate": "2021-01-07 00:00:00",
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  "notes": "The slide uses direct quotes from two KOLs to highlight perceived contradictions between their public statements and the reality of device performance.",
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      "text": "Nevro’s response to its explants crisis appears to be marked by denial, cover-up, retaliation, and patient/doc manipulation",
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      "text": "In striking contrast to some of the most prominent implanters/KOL’s in the field, the Nevro loyalists we spoke to stridently denied the existence of explants. We spoke to two of Nevro’s key “KOL’s,” both among their highest volume implanters and widely known as go-to doctors for their studies. We believe they are near the top of the leaderboard for speaking/consulting fees. The first melodramatically claimed that he has personally never seen, nor is aware of anyone else who has ever seen, a Nevro device fail. Then he falsely claimed he has no financial connection with Nevro, contradicting his own conflict-of-interest disclosures in multiple papers. Comically, we learned from his colleague that he’s dismayed with Nevro after experiencing pervasive explants himself. The second Nevro adherent claimed he has only one Nevro explant out of hundreds – logarithmic magnitudes below Nevro’s own purported rates. We found him belligerent at the slightest question, emphasizing his awards and accusing us of working for a Nevro competitor.",
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      "text": "Nevro loyalist KOL #1: \"I have never seen a person who used Nevro and say it didn't work. I haven't seen one....I have no financial connection with Nevro or any other company...Ask people who use Nevro and find one who says it doesn't work...There are doctors who are really against Nevro despite using only one implant but opposing it from beginning. They complain it's not working. It's just their opinion. It's never backed up with quality studies. We produce a lot of papers based on science.\"",
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      "kind": "quote",
      "text": "Nevro loyalist KOL #2: \"I like Nevro because of its efficacy and long term outcomes. We've removed one device. That's a great achievement out of the hundreds of devices implanted...I got a lot of accolades for the study. I got 7 awards for the publication.\" Our question: How confident are you of the Senza pivotal study? \"Of course it's not a blinded study. Are you aware of any blinded studies? How can it be blinded? Are you a consultant for Boston Scientific??\"",
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      "text": "I have never seen a person who used Nevro and say it didn't work. I haven't seen one....I have no financial connection with Nevro or any other company...Ask people who use Nevro and find one who says it doesn't work...There are doctors who are really against Nevro despite using only one implant but opposing it from beginning. They complain it's not working. It's just their opinion. It's never backed up with quality studies. We produce a lot of papers based on science. — Nevro loyalist KOL #1",
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      "text": "Source: Consultation calls with experts",
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      "text": "8. Nevro’s response to its explants crisis appears to be marked by denial, cover-up, retaliation, and patient/doc manipulation",
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      "text": "Scorpion Capital | Nevro (NYSE: NVRO)",
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