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Profound Medical to Present at the 43rd Annual Cowen Health Care Conference

Key Takeaway: Profound Medical Corp. will be presenting at the 43rd Annual Cowen Health Care Conference on March 8, 2023, showcasing their innovative medical technologies. CEO Arun Menawat is expected to provide an update on the company's business strategies and products, including the TULSA-PRO and Sonalleve platforms. These technologies aim to deliver customizable, incision-free therapies for various medical conditions. The presentation will be available for live streaming and on-demand viewing via Profound's website.

Market Sentiment Analysis

POSITIVE FACTORS

  • CEO Arun Menawat will present at a major healthcare conference.
  • Company highlights the scalability and versatility of TULSA-PRO technology.
  • Sonalleve platform is expanding into new treatment markets.

Full Press Release Details

TORONTO, March 01, 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 its CEO and Chairman, Arun Menawat, will present an update on the Company’s business at the 43rd Annual Cowen Health Care Conference on Wednesday, March 8, 2023 at 9:10 a.m. Eastern Time.
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 company held the annual conference on March 8, 2023?

Profound Medical Corp. presented at the 43rd Annual Cowen Health Care Conference.

What is TULSA-PRO® used for?

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

What is Sonalleve® approved for?

Sonalleve® is approved for treating uterine fibroids and bone metastases pain.

Where can I watch the presentation?

The presentation will be available on Profound's website under 'Webcasts'.

Is TULSA-PRO® FDA cleared?

Yes, TULSA-PRO® has received 510(k) clearance from the FDA.

Last updated: Mar 1, 2023