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Profound Medical Corp T.PRN

Alternate Symbol(s):  PROF

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.


TSX:PRN - Post by User

Post by MrMugsyon Mar 03, 2022 8:07pm
243 Views
Post# 34481395

Quarterly Conference Call

Quarterly Conference CallSounded promising but reoccurring revenue was only at $1M.
Would like to think the worst is over but it's going to take time.

Question is ... did we bottom out and are we heading the other direction now ?

I think they said they had 40 signed agreements.
Akumin is stalled but it has good future potential with their hospital base.
Paragon is new and coming on with its first location.
Pay per operation is now up to $8000.
Positive about getting a fair share of the overall market future market.
Various studies could be the catalyst for growth.

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Something like that. 
Lots to take in if you haven't listened to it yet. 


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