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Profound Medical to Participate in the Stifel 2023 Healthcare Conference

Key Takeaway: Profound Medical Corp. announced its participation in the Stifel 2023 Healthcare Conference, where management will present updates on the company’s business. The conference is set for November 15, 2023, at 8:35 a.m. Eastern Time in New York City. Profound Medical is known for its incision-free therapies, including the TULSA-PRO technology for prostate ablation and the Sonalleve platform for treating uterine fibroids. The presentation will be accessible via live broadcast and archived on the company's website.

Market Sentiment Analysis

POSITIVE FACTORS

  • Profound Medical is participating in a prominent healthcare conference.
  • The company is presenting updates on its innovative medical technologies.
  • TULSA-PRO is highlighted for its potential in customizable prostate ablation.

Full Press Release Details

TORONTO, Nov. 08, 2023 (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 present an update on the Company’s business at the Stifel 2023 Healthcare Conference on Wednesday, November 15, 2023 at 8:35 a.m. Eastern Time in NYC.
The presentation 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

What is Profound Medical Corp. known for?

Profound Medical Corp. specializes in customizable, incision-free therapies for tissue ablation.

When will Profound present at the Stifel Healthcare Conference?

Profound Medical will present on November 15, 2023, at 8:35 a.m. Eastern Time.

What is TULSA-PRO® used for?

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

What does Sonalleve® treat?

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

Is TULSA-PRO® approved by the FDA?

Yes, TULSA-PRO® is 510(k) cleared by the U.S. FDA.

Last updated: Nov 8, 2023