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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
Post by homerunstockon Jul 20, 2020 5:48pm
201 Views
Post# 31292930

PerimiterMedical the new Profound

PerimiterMedical the new ProfoundGet in now at the groundfloor of Perimiter Medical (PINK) $1.50 same massive runway as Profound but will happen much much quicker in 2 years max i see PINK getting bought out at $15 My new big biotech winner this will be 10 bagger the next Profound Medical im my new pick PERIMITER MEDICAL (PINK) REAL DEAL " no b.s with elite team this will be a 10 bagger hope you come into the story !! As per Greenlane total disaster many are thinking story is toxic now because of the very poor stock valuation this should be at $1.00 complete gongshow at the moment any and all thoughts here is more insight on Perimiter I have done great with Profound Medical i know hope to duplicate that sucess but in a much shorter time frame through Perimiter Medical (PINK) Profound is an MRI-guided robotic surgery system, versus Perimeter which is a medical imaging/AI company. This is important because robotic surgery companies consume WAY more capital than medical imaging/AI companies need to. Just think about how much money Intuitive Surgical has raised over the years (I think it might be close to US$1B) or Titan Medical (over C$150M). And now Profound has done 2 big financings in the space of 6 months, totalling almost exactly C$100M. The important point is that Perimeters capital needs and capital budget are MUCH MUCH lower than a robotic surgery company, and we already have access to over $36M over the next two and a bit years--more than enough to fund Jeremys plans to get to cashflow positive.
Bullboard Posts