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Profound Medical to Participate in Barclays 26th Annual Global Healthcare Conference

Key Takeaway: Profound Medical Corp. will participate in the Barclays 26th Annual Global Healthcare Conference on March 13, 2024. The event will feature a fireside chat that will be broadcast live and archived on the company's website. Profound Medical is known for its development of incision-free therapies, particularly the TULSA-PRO® technology for prostate treatment and the Sonalleve® therapy for uterine fibroids.

Market Sentiment Analysis

POSITIVE FACTORS

  • Management will be participating in a notable healthcare conference.
  • The company is involved in innovative, incision-free therapies.
  • TULSA-PRO® shows potential across various prostate treatment scenarios.

Full Press Release Details

TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (“Profound” or the “Company”), a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue, today announced that management will participate in a fireside chat at the Barclays 26th Annual Global Healthcare Conference on Wednesday, March 13, 2024 at 11:15 a.m. Eastern Time at the Loews Miami Beach Hotel.
The fireside chat will be broadcast live and archived on the Company's website at www.profoundmedical.com under "Webcasts" in the Investors section.
About Profound Medical Corp.
Profound is a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue.
Profound is commercializing TULSA-PRO®, a technology that combines real-time MRI, robotically-driven transurethral ultrasound and closed-loop temperature feedback control. TULSA-PRO® is designed to provide customizable and predictable radiation-free ablation of a surgeon-defined prostate volume while actively protecting the urethra and rectum to help preserve the patient’s natural functional abilities. TULSA-PRO® has the potential to be a flexible technology in customizable prostate ablation, including intermediate stage cancer, localized radio-recurrent cancer, retention and hematuria palliation in locally advanced prostate cancer, and the transition zone in large volume benign prostatic hyperplasia (“BPH”). TULSA-PRO® is CE marked, Health Canada approved, and 510(k) cleared by the U.S. Food and Drug Administration (“FDA”).
Profound is also commercializing Sonalleve®, an innovative therapeutic platform that is CE marked for the treatment of uterine fibroids and palliative pain treatment of bone metastases. Sonalleve® has also been approved by the China National Medical Products Administration for the non-invasive treatment of uterine fibroids and has FDA approval under a Humanitarian Device Exemption for the treatment of osteoid osteoma. The Company is in the early stages of exploring additional potential treatment markets for Sonalleve® where the technology has been shown to have clinical application, such as non-invasive ablation of abdominal cancers and hyperthermia for cancer therapy.
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Frequently Asked Questions

When is Profound Medical's fireside chat at Barclays conference?

The fireside chat is on March 13, 2024, at 11:15 a.m. Eastern Time.

Where can I watch the fireside chat by Profound Medical?

It will be broadcast live on their website under the Investors section.

What therapy does TULSA-PRO® provide?

TULSA-PRO® offers customizable, radiation-free ablation for prostate tissue.

What conditions is Sonalleve® used to treat?

Sonalleve® treats uterine fibroids and provides palliative pain management for bone metastases.

Is TULSA-PRO® approved by regulatory agencies?

Yes, it is CE marked, Health Canada approved, and FDA 510(k) cleared.

Last updated: Mar 4, 2024