Profound Medical Corp PROF

Primary Symbol: T.PRN

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 > Concerns over new ways to fight cancer

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Comment by HomerAndCompanyon Nov 08, 2022 7:53am

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Post# 35081254

RE:Concerns over new ways to fight cancer

From what I've read the use of mRNA to treat cancer is something that has been in the works for more than a decade. It's one of a number of new prostate cancer and BPH treatments that are or could be in competetion with Profound's TULSA.

I think that Profound revenues will be above $50 million when they achieve 1% of the US market, or a small fraction of 1% of the worldwide market. Profound does not need a prostate treatment monopoloy to thrive.

homer111 wrote: Is anyone here worried how researchers are now using some of these mRNA vaccines (similar to the covid vaccines) to treat cancer and whether that may take some momentum away from PRN?

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