Profound Medical Corp T.PRN

Alternate Symbol(s): PROF

Healthcare Medical Devices

Profound Medical Corp. is a Canada-based commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue. It is commercializing TULSA-PRO, a technology that combines real-time magnetic resonance imaging (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 protecting the urethra and rectum. 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. It is also commercializing Sonalleve, which is a therapeutic platform for the treatment of uterine fibroids and palliative pain treatment of bone metastases.

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Profound Medical Corp > 52 week low on COVID Omicron variant fears? It makes sense

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Comment by MrMugsyon Dec 06, 2021 1:23pm

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Post# 34202808

RE:RE:52 week low on COVID Omicron variant fears? It makes sense

Exactly why the strategy is multi-pronged and still requires time to get there.
Going after hospitals - convenience of location.
Going after clinics - where additional money can be made by specific partner imaging specialists - expecially when hospitals are over-run.
Going after permanent CP code on the reimbursement side to get more patients interested.
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More locations will help with the word-of-mouth and with the professional promotion of TULSA.
CP code will get patients more excited about asking for it.
Options will exist every time a new COVID variant shows up.

So hard to tell when it all comes together nicely.
This is another one of those plays that needs a commitment to share accumulation over time ... to make it work for you ... IMO.

snootchybootchy wrote:
I think it's really not possible for hospitals and public health agencies to worry about something else when ICU wards are full and hospital-based health care workers are exhausted and overwhelmed. Staffiing in hospitals is also becoming a problem as health care workers are opting for early retirement or quitting altogether.

I suspect another hurdle at this time is that when new equipment/technologies are implemented in hospitals, staff will require training or even accreditation in order to use the new equipment. I'm not sure how that's possible when staff is already overwhelmed just looking after patients.

HomerAndCompany wrote:
that if the lingering COVID disruptions to hospital and clinic operations are the reason Profound gives for the slowness of revenue growth, a new and more daunting variant would hit the SP. We've had alpha, beta, gamma, delta, and I guess there must also have been epsilon, zeta, eta, theta, iota, kappa, lambda, mu that they never really talked about? They skipped nu and xi, which took us to. omicron.

Will we also have pi, rho, sigma, tau, upsilon, phi, chi, psi, omega? And at what point do we conclude that COVID is something that we can live with and get back to worrying about climate change, nulcear proliferation, despotic governments, food security, ecological collapse, desertifiation, terrorism, poverty, and ..... especially cancer.