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. 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.

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Profound Medical Corp > hard not to agree

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Comment by MrMugsyon Nov 08, 2021 8:48am

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Post# 34098935

RE:RE:hard not to agree

rxq2cwru wrote: Yeap!.. own it since 2018 more less..seen drops up 40% ...missed the early year bull but most growth companies have gotten killed since then..called inflation, rotation, etc.. I think people still hoping for a quick turn around to the + $30 price..but it won't happen soon..this is a good stock for the long run my opinion.

In at IPO and accumulated for years.
Average buy was $8.CAD
Started selling at $32 (on the way down from $36) and sold off completely by the time the price hit $22.

Watching expenses rise while the number of USA sites petered to a stop was tough.

Started buying again and will likely play the accumulation game ... one more time !

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