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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. The TULSA procedure, performed using the TULSA-PRO system, has the potential of becoming a mainstream treatment modality across the entire prostate disease spectrum; ranging from low -, intermediate-, or high-risk prostate cancer; to hybrid patients suffering from both prostate cancer and benign prostatic hyperplasia (BPH); to men with BPH only; and also, to patients requiring salvage therapy for radio-recurrent localized prostate cancer. It is also commercializing Sonalleve, a therapeutic platform that is CE marked for the treatment of uterine fibroids and palliative pain treatment of bone metastases.


TSX:PRN - Post by User

Bullboard Posts
Comment by ebrie014on Oct 31, 2017 2:03pm
46 Views
Post# 26883142

RE:October Presentation ... information

RE:October Presentation ... informationI like the new presentation well put together (compare with lasts versions): 
[url=https://https://www.profoundmedical.com/wp-content/uploads/2017/10/Profound-Corporate-OCT-27.pdf][/url]


They need 110 patients (I don't think it specifically says they have all 110 but the last slide says they expect full enrollment by year end and have already treated 62 patients per slide 12). I assume they have fairly good certainty that they will have all 110 as of October end (when they updated the slides) as there are only 2 months left to year end. I assume they will be able to start giving preliminary results in 2018 which will surely be a catalyst to the stock as it will be an indication of phase II/FDA acceptance and US launch.Also agree that they are likely to leverage Sonalleve locations for TULSA and vice versa - that's all part of the strategy to have the same sales force but 2 potential products to offer.

Bullboard Posts